LONDON: Oil prices fell sharply below $100 a barrel on Wednesday after U.S. President Donald Trump announced a two-week ceasefire agreement with Iran, contingent on the reopening of the Strait of Hormuz. Brent crude futures dropped $15.02, or 13.8%, to $94.25 a barrel by 0805 GMT, while U.S. West Texas Intermediate (WTI) fell $17.43, or … Continue reading Oil drops below $100 as Trump announces Iran ceasefire