Business

Oil Prices Drop Amid US-Iran Tensions

Updated 2026-07-27 14:25 UTC 1 source Negative

Oil prices fell nearly 10 percent after a weekend pause in fighting between the U.S. and Iran. The conflict has impacted global benchmark Brent Crude and U.S. WTI futures.

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The Hill
Oil prices were down nearly 10 percent on Monday after a break in fighting between the U.S. and Iran over the weekend. Futures of global benchmark Brent Crude were trading at less than $91 per barrel, after reaching more than $100 per barrel on Friday. Similarly, U.S. benchmark WTI was trading at ab
2026-07-27 14:12 UTC
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