Oil prices erase ceasefire losses as Iran offers peace plan, UAE says it will leave OPEC
Oil prices jumped on Tuesday, erasing all ceasefire losses on reports President Trump will publicly reject a peace plan offered by Iran while the UAE said it will leave the OPEC cartel in May, dealing a major blow to the oil bloc. Futures on Brent crude (BZ=F), the international benchmark, gained roughly 3.1% to trade…

