Oil prices fell below $100 per barrel on Wednesday after ‌US President Donald Trump said he had agreed to a two-week ceasefire with Iran. Brent fell $14.84, or 13.6%, to $94.43 a barrel, and WTI declined $16.13, ​or 14.3%, to $96.82 a barrel. Iran said safe transit of goods through the Strait of Hormuz would be possible for two weeks.