International Economic

Oil prices dive as US, Iran pause missile exchanges

By Frank Prenesti

Date: Monday 27 Jul 2026

(Sharecast News) - Oil prices dived on Monday as traders reacted to the fragile ceasefire between the US and Iran, easing fears of an immediate escalation in the recent missile exchanges over the past 10 days that had threatened to disrupt Middle Eastern supply routes.


Brent fell 6.1%...

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