Cautious optimism as crude oil prices drop below $70 after Iran-Israel ceasefire

Cautious optimism as crude oil prices drop below $70 after Iran-Israel ceasefire

After a ceasefire agreement between Israel and Iran put a halt to 12 days of Middle Eastern tension, oil prices fell sharply on Tuesday.

Brent Crude, which spiked after the war escalated, has fallen below $70 and was trading between $67 and $68 as of yesterday.

The United States joined the fray last week by launching an attack on Iranian nuclear facilities; the onslaught, which the US President described as successful

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