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Oil at one-week low as US and Iran pause attack; supply tension underpins
July 28 : Oil prices edged lower on Tuesday, hovering around one-week lows amid hopes for a resolution in the U.S.-Iran war, while subdued flow through the Strait of Hormuz and further supply disruption risks underpinned the market.Brent crude futures were down 50 cents, or 0.57 per cent, at $87.86 by 0610 GM
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timesofindia.indiatimes.com
Oil prices fall 5%: Crude cools as US-Iran pause fuels hopes of diplomatic breakthrough
Oil prices tumbled sharply on Monday after the United States and Iran held back from launching fresh strikes over the weekend, raising hopes that diplomacy could ease tensions in…
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dawn.com
Oil prices dip over 6pc after US, Iran pause fighting over weekend
Both Brent crude and WTI are trading at their lowest levels in nearly a week after rising for the past three weeks.
