US oil prices drop 14% as stock futures surge following cease-fire announcement | Business Upturn

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US oil prices experienced a decline of 14%, while stock futures surged following an announcement of a two-week cease-fire with Iran. This development was reported by the Wall Street Journal.

The cease-fire announcement was made by President Trump, leading to significant market reactions as the oil prices fell and stock futures increased.

This report is based solely on a social media post. Independent verification has not been carried out.

Source Tweets:

U.S. oil prices fell 14% and stock futures surged after Trump announced a two-week cease-fire with Iran-wsj

— First Squawk (@FirstSquawk) April 8, 2026

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