Oil prices fall as Israel-Iran ceasefire takes effect Brent | News_insider on Binance Square

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Oil prices fall as Israel-Iran ceasefire takes effect
Brent crude dropped sharply after President Trump confirmed a ceasefire between Israel and Iran.
Prices had soared to $81 amid fears Iran would block the Strait of Hormuz, a vital oil shipping lane.
Markets reacted positively, with gas prices in the UK also falling 12.5%.
INSIDER_NEWS👉#news 

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Trump signs off on Iran attack plan, but delays strike CBS reports that Donald Trump has signed off on a strike plan targeting Iran’s nuclear facility at Fordo, but is holding back in hopes of forcing Tehran into a deal. Khamenei dismissed US ultimatums, while Iranian media mocked Trump, calling him a “has-been warmonger”. Israel says it is hitting targets “step by step”, including nuclear and missile infrastructure. The US is bolstering forces in the region, with F-22 and F-35 jets deploying, and embassy evacuation plans in place for Americans in Israel. INSIDER_NEWS👉#news

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Moscow’s Middle East gamble backfires amid Israel-Iran war Russia hoped to benefit from the Israel-Iran escalation—oil revenues, global distraction, diplomatic clout. But the situation is turning sour. Political analysts in Moscow warn of reputational damage after failing to stop Israel’s strike on Iran, a country it recently signed a strategic deal with. Russia’s partnership with Iran is non-military, limiting its leverage. And having lost Assad in Syria last year, the Kremlin fears Iran may be next. Meanwhile, Russian state media now admit that “massive changes” in global politics could have real domestic consequences. INSIDER-NEWS 👉🏻 #news

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