Oil Price Today (March 25): Oil slips below $100 on rising hopes of Iran war ceasefire. Here’s what expert
- Posted on March 25, 2026
- By Business News Today
- 6 Views
Oil Price Today (March 25): Oil slips below $100 on rising hopes of Iran war ceasefire. Here’s what expert
Oil prices saw a significant drop as hopes for a ceasefire in the Middle East grew. Reports suggested a U.S. proposal aimed at ending the conflict was sent to Iran. This news led to profit booking in crude oil futures. However, ongoing military activity and concerns over the Strait of Hormuz persist.