The prices of oil fell on Tuesday by 5% because of the ceasefire between Israel and Iran, which had been going on in the past two weeks. The ceasefire, which was affirmed by both parties following US President Trump’s announcement, caused the stock markets across the world to react positively. Nevertheless, it is noticed that the prices started rising just a bit after Israel accused Iran of breaking the truce.
Oil prices tumble after Israel agrees to Iran ceasefire
