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
NEPSE rose by 28.73 points, turnover 6.47 billion
Kathmandu - On the second trading day of the week, NEPSE index increased by 28.73 points to reach 2639.37 points. 6.47 billion rupees were traded when 12.4 million shares of 335 companies were bought and sold. While the share price of 214 companie...
What is the exchange rate of foreign currency on Thursday?
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 141 rupees 52 paisa and the selling rate is 142...
3 million more contributors to the Social Security Fund, the contribution amount has exceeded 1 trillion 16 billion
Kathmandu. A total of 1 trillion 16 billion 71 crore 89 lakh 50 thousand 525 rupees has been contributed to the social security fund. The contribution amount has been collected till the end of June of the financial year 2082/83. Listed Employers a...
Tourist activity is increasing in Kanchenjunga, local tourism business is excited
Kathmandu. With the arrival of tourists in the Kanchenjunga region, the third highest mountain in the world, enthusiasm has been added to the local tourism business. As the weather becomes favorable, the movement of domestic and foreign tourists h...
The price of gold increased, how much per tola on Thursday?
Kathmandu. The price of gold has increased in Nepali market today. The price of gold, which was stable on Wednesday, rose by Rs 600 per tola today.
According to the Nepal Gold and Silver Traders Federation, today gold is being traded at 3 la...
Fourth extension of Pokhara-Muglin road project
Kaski. Pokhara-Muglin road upgrading project has been extended for the fourth time. After the deadline extended for the third time has passed, the project has been given the final deadline till the 10th of November.
According to Krishna Baha...