Oil plunges after US-Iran ceasefire deal to reopen Strait of Hormuz

Global oil prices have plunged and stock markets have surged following a conditional two-week ceasefire agreement between the United States and Iran, which includes the reopening of the vital Strait of Hormuz.

Iranians defy U.S. threats as Trump’s ceasefire deadline looms amid Strait of Hormuz standoff

Trump says Iran’s handling of Strait of Hormuz is ‘not the agreement we have’

"I spoke with Bibi and he's going to low-key it. I just think we have to be sort of a little more low-key," Trump told NBC News after a phone call with Netanyahu. - Kenya breaking news | Kenya news today | Capitalfm.co.ke

Trump gives ultimatum to Iran to open the Strait of Hormuz in 48 hours

Oil prices ease on hopes of new US-Iran peace talks

Oil prices eased on Tuesday as hopes of new peace talks between the US and Iran emerged following President Donald Trump's announcement that Tehran had contacted Washington about a potential agreement.