Business

Oil Prices Drop Amid U.S. Pause in Strikes Against Iran

Updated 2026-07-27 10:25 UTC 1 source Negative

Oil prices experienced their largest one-day decline in two months following the United States' decision to pause attacks on Iran, affecting both West Texas Intermediate and Brent crude.

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MarketWatch

Oil prices see largest one-day declines in two months amid pause in strikes

West Texas Intermediate and Brent crude’s front-month contracts fell on Monday after the U.S. paused launching attacks at Iran.

2026-07-27 10:06 UTC