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Originally published by Capital Businessbusiness
April 1, 2026
5h ago
Oil falls below $100 and shares jump on hopes Iran war will end soon
The price of Brent crude oil for delivery in June was trading around 5% lower at about $98.65 a barrel. Kenya breaking news | Kenya news today |..
✨ Key Highlights
Oil prices have fallen below $100 a barrel and Asian shares have surged following President Donald Trump's statement that the US will withdraw from Iran in "two to three weeks," irrespective of a deal.
- Brent crude oil for June delivery traded down around 5% at approximately $98.65 a barrel.
- Key figures include President Donald Trump and Iranian President Masoud Pezeshkian.
- The price drop comes after a record 64% jump in March, driven by fears of disruption to the Strait of Hormuz.
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