Crude futures fell midday Monday after the U.S. paused plans to escalate military action against Iran, easing concerns over potential supply disruptions.

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.

Brent crude futures dropped $4.89, or 5.05%, to $91.89, after briefly falling below the key $90 support level earlier in the session. US West Texas Intermediate crude stood at…

Crude oil prices drop as US and Iran pause strikes, signaling potential de-escalation in regional tensions.

Oil prices dropped as market participants assessed a pause in US strikes on Iran. Hopes for a diplomatic solution eased concerns about Middle East energy flows. President Trump…