July 28 : Oil prices dropped 5 per cent on Tuesday to a two-week low, on cautious hopes for a resolution to the Iran war as traders assessed developments in the Middle East.Brent futures fell $4.61, or 5.2 per cent, to $83.75 a barrel at 12:01 p.m. EDT (1601 GMT). U.S. West Texas Intermediate (WTI) crude fell

Oil prices dropped 5% as Iran signaled a halt to attacks if the US pause holds. Crude oil reaching a new all-time high by September 30 at 6.2% YES.

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…

Oil prices fell 5% as Iran reportedly agreed to suspend attacks, contingent on the U.S