redstate.com By Susie Moore
Don’t necessarily expect this to show up at the gas pump instantaneously, but there’s good news on the oil price front following President Trump’s announcement that a tentative ceasefire agreement had been reached with Iran.
PRICE OF OIL PLUMMETTING! pic.twitter.com/NcKt4KKulP
— Townhall.com (@townhallcom) April 7, 2026
It’s probably too soon to call this a done deal — lots of i’s to dot and t’s to cross before that can be said. And…this is Iran we’re talking about.
Still, following the President’s announcement of the potential deal, oil prices took a precipitous drop, marking the biggest one-day nosedive since 1991 and the Gulf War…
READ FULL ARTICLE HERE… (redstate.com)
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