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Brent crude falls 5% as US-Iran pause raises hopes of Hormuz shipping reopening

Brent crude prices fell more than 5% on Monday after the United States and Iran paused attacks over the weekend, raising hopes that diplomacy could de-escalate the conflict and all

Olalekan AdigunJuly 27, 20261 min read
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Brent crude prices fell more than 5% on Monday after the United States and Iran paused attacks over the weekend, raising hopes that diplomacy could de-escalate the conflict and allow shipping to resume through the Strait of Hormuz.

The post Brent crude falls 5% as US-Iran pause raises hopes of Hormuz shipping reopening appeared first on Nairametrics.

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