US crude futures fell on Tuesday to their lowest level in more than a week as U.S. President Donald Trump said a ceasefire has been agreed between Iran and Israel, relieving worries of supply disruption in the area.
U.S. West Texas Intermediate crude fell $3.05, or 4.45%, to $65.46 per barrel as of 1026 GMT, after hitting its lowest level since June 11 earlier in the session.
