Aaj TV English News - Business & Economy https://english.aaj.tv/ Aaj TV English en-Us Copyright 2026 Tue, 21 Apr 2026 06:54:32 +0500 Tue, 21 Apr 2026 06:54:32 +0500 60 Crude oil prices drop as possible US-Iran ceasefire raises hopes https://english.aaj.tv/news/330455862/crude-oil-prices-drop-as-possible-us-iran-ceasefire-raises-hopes <p><strong>Crude oil prices fell on Wednesday amid optimism over a potential ceasefire agreement between the United States and Iran.</strong></p> <p>London Brent crude dropped by $4.89 per barrel, settling at $99.69, while US crude for May delivery fell by $3.66 to $88.69 per barrel.</p> <p>The declines reflect renewed hopes that diplomatic efforts could ease tensions in the Middle East, which have previously disrupted global oil supply and pushed prices higher.</p> Crude oil prices fell on Wednesday amid optimism over a potential ceasefire agreement between the United States and Iran.

London Brent crude dropped by $4.89 per barrel, settling at $99.69, while US crude for May delivery fell by $3.66 to $88.69 per barrel.

The declines reflect renewed hopes that diplomatic efforts could ease tensions in the Middle East, which have previously disrupted global oil supply and pushed prices higher.

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