Oil prices plunge as US-Iran fighting pauses, easing supply fears, while global stocks rise and investors watch shipping risks in key energy routes.

After 13 days of attacks on Iran, the United States held fire over the weekend, and Donald Trump's UN envoy said the US president was "giving talks some space".

Oil prices dropped after the US and Iran avoided fresh strikes. Brent fell below $93 as supply fears eased, though Middle East tensions continue to cloud the outlook.

Oil prices experienced a significant five percent decline on Monday. This drop occurred after the United States and Iran paused strikes over the weekend. Hopes for a diplomatic…

Global stocks rise as US-Iran tensions ease, with crude oil reaching a new all-time high by September 30 at 5.9% YES.