U.S. oil price plunges below $100 after Iran agrees to safe passage through Strait of Hormuz during ceasefire

What Happened

President Donald Trump had threatened to destroy Iran's entire civilization if his 8 p.m.

Why It Matters

ET deadline to reopen the Strait of Hormuz is not met.

Background Context

President Donald Trump had threatened to destroy Iran's entire civilization if his 8 p.m. ET deadline to reopen the Strait of Hormuz is not met.

What To Watch Next

Track official statements, independent verification, and regional impact updates in the next 24 to 48 hours.

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Source: US Top News and AnalysisOriginal Link

Source: US Top News and Analysis

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