Impact of US-Iran ceasefire: Heavy fall in crude oil prices in the international market
-
Media Baaji
- Wed, 8 April 2026
new york With the announcement of a two-week long ceasefire between the US and Iran, the price of crude oil has fallen sharply in the international market. Due to the ongoing war for the past five weeks, the price of crude oil fell by around 15 percent on Wednesday. After the announcement of the ceasefire, the price of crude oil in the world market has fallen by about 15 percent. Al Jazeera wrote that investors are excited about the hope of a decrease in the price of both Brent Crude and WTI after a sharp decline.
In the American stock market, the share prices of giant companies in the technology sector, Nvidia, Tesla and Intel, have increased significantly. However, due to the drop in crude oil prices, the shares of American energy companies have fallen by about 3 percent.new york With the announcement of a two-week long ceasefire between the US and Iran, the price of crude oil has fallen sharply in the international market. Due to the ongoing war for the past five weeks, the price of crude oil fell by around 15 percent on Wednesday. After the announcement of the ceasefire, the price of crude oil in the world market has fallen by about 15 percent. Al Jazeera wrote that investors are excited about the hope of a decrease in the price of both Brent Crude and WTI after a sharp decline.
In the American stock market, the share prices of giant companies in the technology sector, Nvidia, Tesla and Intel, have increased significantly. However, due to the drop in crude oil prices, the shares of American energy companies have fallen by about 3 percent.
Express
Related News
Gold price drop again, how much per tola on Monday?
Kathmandu. Gold, which fell by 11,600 rupees per tola on Sunday, has also decreased today. Gold tola has decreased by two thousand rupees.
According to the Nepal Gold and Silver Traders Federation, gold tola is be...
Here are the foreign currency exchange rates for today
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to Rashtra Bank, the buying rate of one US dollar has been fixed at 149 rupees 64 paisa and the selling rate is 150 rupees 24 paisa. Similarly,...
Friday's exchange rate: Kuwaiti dinar is the most expensive, which currency is worth?
Kathmandu. Nepal Rastra Bank has announced the new exchange rate of foreign currency for Friday, February 8. According to the new rate set by the bank, the price of the US dollar has increased today and the buying rate of one dollar has remained a...
Saturday's exchange rate, the value of the dollar and the currencies of the Gulf countries
Kathmandu. Nepal Rastra Bank has determined the official exchange rate of foreign currencies for Saturday. According to the Central Bank, today the buying rate of one US dollar has remained at 150 rupees 74 paisa and the selling rate has remained...
Foreign currency exchange rate determined for today
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the determined exchange rate, the buying rate of one US dollar is 144 rupees 65 paisa and the selling rate is 145 rupees 25 paisa. Similarly,...
Sopan Pharmaceuticals IPO allotment, 3 lakh 47 thousand got shares
Kathmandu. Sopan Pharmaceuticals Limited has distributed the IPO issued to the general public. The sales manager, NMB Capital Limited, distributed the IPO this morning. The company had opened the IPO sale of 34 lakh 74 thousand 900 shares to the g...