NEW YORK/LONDON , July 27 : Oil prices fell to a one-week low on Monday after the United States abruptly suspended a campaign of air strikes against Iran over the weekend, raising hopes of a diplomatic solution that would de-escalate the conflict and allow shipping to resume in the Strait of Hormuz.Brent cru

Oil prices have fallen further in early trading after setting a two-month high set last week

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 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…

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