Explore

Reuters Reuters
Oil slips 5% after US, Iran pause fighting over weekend

Oil slips 5% after US, Iran pause fighting over weekend

By Florence Tan SINGAPORE, July 27 (Reuters) - Oil prices tumbled 5% on Monday after the U.S. and Iran paused strikes over the weekend after two weeks of attacks, raising hopes of a diplomatic solution that would de-escalate the conflict and allow shipping to resume in the Strait of Hormuz.
Reuters Reuters
Oil prices near one-week low after US, Iran pause fighting over weekend

Oil prices near one-week low after US, Iran pause fighting over weekend

By Seher Dareen LONDON , July 27 (Reuters) - Oil prices hovered around a one-week low on Monday after the U.S. and Iran paused strikes over the weekend following two weeks of attacks, raising hopes of a diplomatic solution that would de-escalate the conflict and allow shipping to resume in the
Reuters Reuters
Oil prices dip over 6% after US, Iran pause fighting over weekend

Oil prices dip over 6% after US, Iran pause fighting over weekend

By Florence Tan and Trixie Yap SINGAPORE, July 27 (Reuters) - Oil prices tumbled more than 6% on Monday after the U.S. and Iran paused strikes over the weekend after two weeks of attacks, raising hopes of a diplomatic solution that would de-escalate the conflict and allow shipping to resume in the
Reuters Reuters
Oil prices fall to one-week low after US pauses attacks on Iran

Oil prices fall to one-week low after US pauses attacks on Iran

By Shariq Khan and Seher Dareen NEW YORK/LONDON , July 27 (Reuters) - 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
Reuters Reuters
Oil prices settle at lowest in over a week, as US pauses attacks on Iran

Oil prices settle at lowest in over a week, as US pauses attacks on Iran

By Shariq Khan NEW YORK, July 27 (Reuters) - Oil prices fell on Monday, settling at their lowest levels in over a week, after the U.S. abruptly suspended a campaign of air strikes against Iran over the weekend, raising hopes of a diplomatic solution that would allow shipping to resume in the Strait
Reuters Reuters
Oil prices hit one-week low after US, Iran pause fighting over weekend

Oil prices hit one-week low after US, Iran pause fighting over weekend

By Seher Dareen LONDON , July 27 (Reuters) - Oil prices tumbled 7% on Monday, hitting a one-week low, after the U.S. and Iran paused strikes over the weekend following two weeks of attacks, raising hopes of a diplomatic solution that would de-escalate the conflict and allow shipping to resume in the
Reuters Reuters
Oil slips 4% after US, Iran pause fighting over weekend

Oil slips 4% after US, Iran pause fighting over weekend

By Florence Tan and Trixie Yap SINGAPORE, July 27 (Reuters) - Oil prices tumbled 4% on Monday after the U.S. and Iran paused strikes over the weekend after two weeks of attacks, raising hopes of a diplomatic solution that would de-escalate the conflict and allow shipping to resume in the Strait of
Rapid Read Rapid Read
Oil Prices Drop as U.S.-Iran Tensions Ease, Raising Diplomatic Hopes

Oil Prices Drop as U.S.-Iran Tensions Ease, Raising Diplomatic Hopes

Oil prices fell sharply as the United States and Iran refrained from launching new military strikes, raising hopes for a diplomatic resolution to tensions in the Middle East. Brent crude futures dropped by 4.52% to $92.41 a barrel, while U.S. West Texas Intermediate crude fell by 4.81% to $85.01 a barrel. The decline in oil prices follows a period of heightened conflict that had driven prices to their highest levels in months. The pause in hostilities has led to optimism that a diplomatic solution could stabilize the region and restore shipping through the Strait of Hormuz.
Reuters Reuters
Iran will halt attacks as long as US maintains pause, Iranian source says after Trump calls off strikes

Iran will halt attacks as long as US maintains pause, Iranian source says after Trump calls off strikes

By Parisa Hafezi and Raphael Satter DUBAI/WASHINGTON, July 26 (Reuters) - Iran will halt its own attacks as long as the United States maintains its latest pause on air strikes, a senior Iranian official told Reuters on Sunday, after President Donald Trump abruptly called off his two-week-old bombing
Rapid Read Rapid Read
Oil Prices Drop Over 5% as U.S. and Iran Pause Military Strikes

Oil Prices Drop Over 5% as U.S. and Iran Pause Military Strikes

Oil prices fell more than 5% after the U.S. and Iran paused military strikes over the weekend, raising hopes for a diplomatic resolution to the conflict affecting the Strait of Hormuz. Brent crude futures dropped to $91.08 a barrel, while U.S. West Texas Intermediate crude fell to $84.51. The pause in hostilities follows two weeks of attacks that disrupted oil shipments through the Strait of Hormuz, a critical passage for global oil exports. The U.S. ambassador to the United Nations, Mike Waltz, indicated that President Trump decided to pause attacks to allow for diplomatic efforts.
Reuters Reuters
Drones attack Iran's neighbours as Tehran appears to test Trump's latest pause

Drones attack Iran's neighbours as Tehran appears to test Trump's latest pause

By Nayera Abdallah, Elwely Elwelly and Eman Abouhassira DUBAI, July 27 (Reuters) - Saudi Arabia, Jordan and Iraq reported drone attacks on Monday, two days after the United States abruptly suspended a two-week campaign of air strikes against Iran, as Tehran appeared to put President Donald Trump's
Trendline Trendline
Oil Prices Fluctuate Amid Middle East Tensions and Supply Disruptions

Oil Prices Fluctuate Amid Middle East Tensions and Supply Disruptions

Oil Prices Fluctuate Amid Middle East Tensions and Supply Disruptions