As Peace Talks on Iran Approach, How Soon Could Prices Go Down?
Donald Trump
When U.S. President Donald Trump agreed to a tenuous and temporary cease-fire with Iran on Tuesday, Brent crude oil plunged below $100 a barrel, signaling a reprieve for a global economy battered by the ongoing war . The prospect of peace negotiations may have calmed down reeling markets, but the weekslong U.S.-Iran war had not only already eaten into American wallets by pushing up gas prices , but also ramped up cost-of-living pressures in the rest of the world . And while U.S. and Iranian
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