Oil prices this morning have dropped almost 15%, after Donald Trump agreed a two-week ceasefire with Iran.
Crucially Iran has also shown a willingness to bring de-escalation to the current conflict in The Middle East, going further to state that safe passage through the Strait of Hormuz can resume as long as hostilities were brought to an end.
The US have also received a 10-point plan from Iran, which Trump described as providing a workable basis for negotiations to take place.
CLICK HERE to read more.
