Stocks soar, oil prices plunge amid US-Iran ceasefire, industry expert says what's next for the Permian Basin

1 week ago 2
ODESSA, Texas (KMID/KPEJ) - Tuesday — President Trump agreed to a ceasefire with Iran, suspending any potential bombings or attacks for two weeks. While this provides a temporary pause for negotiations, the prices of oil continue to fluctuate. At the start of the week (4/6/2026), the price for West Texas Intermediate (WTI) saw a high [...]
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