Oil prices fell 5% as Iran reportedly agreed to suspend attacks, contingent on the U.S
Brent crude futures fell 5.05% to $91.89
Jul 27, 2026
10:15 am
What's the storyOil prices witnessed a sharp decline on Monday, following a weekend of restraint from both the United States and Iran.
The temporary halt in hostilities has raised hopes for a diplomatic resolution to the ongoing tensions in the Middle East. It also paves the way for gradual resumption of shipping through the vital Strait of Hormuz.
Oil Prices Plunge 5% After U.S. and Iran Halt Attacks | OilPrice.com
Oil prices fall 5%: Crude cools as US-Iran pause fuels hopes of diplomatic breakthrough
Oil prices drop 5% as US, Iran halt attacks - Businessday NG
Oil slips 5% after US, Iran pause fighting over weekend
Oil prices drop after US, Iran pause fighting over weekend
Oil Prices Drop After U.S., Iran Pause Fighting Over Weekend
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Oil prices dip over 6pc after US, Iran pause fighting over weekend
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