Saudi Arabia began oil output cuts, becoming the latest Gulf producer affected by the U.S.-Israeli war on Iran that has halted ship traffic in the region, sending crude prices up nearly 30% on Monday to $119 a barrel.[#item_full_content]
Investors React to Trump’s OK of 2-Week Ceasefire With Iran
Aprile 8, 2026
President Donald Trump said he agreed to a two-week Iran ceasefire just before his Hormuz deadline, sending oil sharply lower while bonds and stocks rallied
