Oil prices tumble as Iranian state media announces ceasefire deal

CNN ^ | 1 hr 4 min ago | John Liu

[GonzoII]

Oil prices extended their slide during Tuesday trade in Asia as Iranian state media announced a ceasefire deal, easing investors’ concerns over supply disruptions.

US West Texas Intermediate crude last slumped by 2% to $67.13 per barrel, hitting its lowest level in nearly two weeks. Brent crude, the global benchmark, was down 1.8% to $67.17 a barrel.

Late on Monday, Trump announced what he called “a complete and total” ceasefire between Israel and Iran in a post on social media, which he said he hoped would become permanent. Iranian state media announced Tuesday a ceasefire has been “imposed on the enemy.”…

[Sequoyah101]

Was this before or after the three missile barrages tonight and the fourth one on the way?

[jerod]

Apparently, unlike the Canadian parliament and the UK parliament... The Ayatollah doesn’t believe in assisted suicide. Even at the ripe age of 87 he has something to live for... And for now, his promised virgins can wait.

[metmom]

Seems like a ceasefire with the muzzies is going about like what someone would expect it to when muslims “agree” to something.

[Blue Highway]

So the fourth attack was launched after the ceasefire? Trump not going to be happy about that.

[fidelis]

Iranian state media announced Tuesday a ceasefire has been “imposed on the enemy” after the country’s military response to “US aggression,” hours after Iran’s retaliatory attacks against a US base in Qatar.
“The Sepah (Islamic Revolutionary Guard Corps) successful missile operations in response to US aggression and the exemplary steadfastness and unity of our dear people in defending our land, has imposed ceasefire on the enemy,” an anchor with state-run Iran National News Network said in a live broadcast.
US President Donald Trump requested the ceasefire between Iran and Israel “in a begging-like manner” shortly after Iran’s strikes toward the US’s Al Udeid base in Qatar, the anchor said.

First, Iran's foreign minister denies there is a ceasefire at all, then the state-run media says that Iran has got Israel and the US begging for a ceasefire. They are sounding more and more like a Baghdad Bob clown show.

[Blue Highway]

Send In The Clowns

[9YearLurker]

This whole thing increasingly has the feel of a staged scuffle, as if both leaders needed to play to their home base before settling on a deal. Kind of a commercial wrestling interlude strategically added to the negotiations.

[NoLibZone]

Where have all the panicans gone?

[Bobbyvotes]

Good, I can fillup tomorrow LOL

[Blue Highway]

Kind of ironic Vince McMahon’s wife is Secretary of Education. Vince McMahon of the WWF/WWE wrestling entity.

[Bobbyvotes]

Panicand are using Xanax today.

[Bobbyvotes]

Come on man! A 87 year old has no use for virgins.

[healy61]

Don’t you recall Arafat kissing boys on the mouth. Good hard kisses which the boys seemed to enjoy.

[Uncle Miltie]

Israel whipped iran’s arse.

We delivered the coup de grace (one hopes…)

[Robert357]

Iran is going to regret trolling Trump. He may have not been in favor or regime change before, but this is likely going to soon become an object lesson to Russia, China, Ukraine, EU that when Trump offers you a deal......you take it and thank him.

“....Iranian state media announced Tuesday a ceasefire has been “imposed on the enemy” after the country's military response to “US aggression,” hours after Iran's retaliatory attacks against a US base in Qatar.
“The Sepah (Islamic Revolutionary Guard Corps) successful missile operations in response to US aggression and the exemplary steadfastness and unity of our dear people in defending our land, has imposed ceasefire on the enemy,” an anchor with state-run Iran National News Network said in a live broadcast.
US President Donald Trump requested the ceasefire between Iran and Israel “in a begging-like manner” shortly after Iran's strikes toward the US's Al Udeid base in Qatar, the anchor said.....”

[Wayne07]

As of 5 seconds ago, oil futures are lower than the day before Israel attacked Iran.

[GOPJ]

Trump said the ceasefire would start the following day...

[Oscar in Batangas]

It’s been my experience that pump prices rise like a rocket on bad news, but fall like a parachute when the good news gets here.

[GOPJ]

THANK YOU PRESIDENT TRUMP....