Enter search text:Brent crude drops below $75/bbl for first time since start of Mideast warAFPLast Updated: Jun 24, 2026, 06:00:00 PM ISTSynopsisBrent crude oil prices have dipped below $75 a barrel for the first time since the onset of the Middle East conflict. This unexpected decline occurred after a peace agreement between the United States and Iran was finalized last week, signaling a major change in the global oil landscape. The benchmark price experienced a notable 3.1 percent decrease, showcasing the market's strong response to the newfound resolution.AFPThe price of Brent North Sea crude, the international benchmark, extended losses Wednesday to trade under $75 a barrel for the first time since the start of the Middle East war.Brent slid 3.1 percent to $74.73, extending its fall since the United States and Iran last week struck a deal to end the conflict that began on February 28.Read More News on(What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price...moreless(You can now subscribe to our ETMarkets WhatsApp channel)Read More News on(What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price...moreless