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Oil price dives as US and Iran pause attacks

(BBC News) The price of oil has fallen sharply on hopes that a pause in attacks between the US and Iran could help to de-escalate the conflict. Brent crude, the global benchmark for oil, sank more than 9% to $87.59 a barrel at one point, marking a sharp turnaround from last week when it had […] The post Oil price dives as US and Iran pause attacks appeared first on Kaieteur News.

By KNEWS

Published 28 Jul1 min read

Oil price dives as US and Iran pause attacks
Image via Kaieteur News.

(BBC News) The price of oil has fallen sharply on hopes that a pause in attacks between the US and Iran could help to de-escalate the conflict. Brent crude, the global benchmark for oil, sank more than 9% to $87.59 a barrel at one point, marking a sharp turnaround from last week when it had […] The post Oil price dives as US and Iran pause attacks appeared first on Kaieteur News .

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