20 Hrs
وكالة موازين نيوز
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وكالة موازين نيوز

2026-07-27T00:00:00.000Z

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وكالة الانباء العراقية (واع)وكالة الانباء العراقية (واع)وكالة الانباء العراقية (واع)
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Oil price drop halts US Iran strikes

Oil price drop halts US Iran strikes

Oil prices fell by more than 5% at the start of Asian trading sessions after US strikes on Iran were halted for two consecutive nights. Brent crude futures declined to around $91.89 per barrel, while West Texas Intermediate (WTI) dropped to $84.64, marking their lowest levels in a week after having seen gains in previous weeks. This decline followed a previous surge that exceeded $100 per barrel amid rising tensions in the Red Sea, and reflects the impact of the halt in military operations on the global oil market.

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