Oil slides as US-Iran cease-fire plan stalls
TL;DR Summary
Oil prices fell after reports that the U.S. sent Iran a 15-point cease-fire plan, which Iran reportedly dismissed; WTI and Brent dropped about 4-5% as traders weighed geopolitical headlines and potential supply risks amid the Middle East conflict.
- Global oil prices slide below $95 a barrel after reports of a U.S. cease-fire proposal with Iran MarketWatch
- Oil prices fall as Iran signals safe passage for ‘non-hostile’ ships through Strait of Hormuz CNBC
- Stocks rally, oil prices fall after U.S. sends Iran a peace plan NBC News
- High Oil and Gas Prices Could Outlast Trump’s War With Iran The New York Times
- Stock market today: Dow, S&P 500, Nasdaq futures jump as Wall Street hopes for Iran progress Yahoo Finance
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