Iran Ceasefire Holds as Energy Markets Stay Volatile

While a ceasefire remains in place, overnight missile attacks are raising questions about its stability.

WASHINGTON, D.C. (RFD NEWS) — President Donald Trump is expected to discuss trade and the ongoing conflict with Iran during a Cabinet meeting at the White House today, after weather concerns forced the gathering to be moved from Camp David.

While a ceasefire remains in place, overnight missile attacks are raising questions about its stability.

Energy markets are reacting cautiously, with crude oil prices remaining below $100/barrel and the national diesel average slipping another cent overnight.

The pork industry says fuel and transportation costs tied to the conflict continue to pressure operations, though export demand has largely remained steady.

USDA trade data show that pork exports to several Middle Eastern markets weakened in March, with shipments to Egypt down 9 percent.

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