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Oil prices fall 5%: Crude cools as US-Iran pause fuels hopes of diplomatic breakthrough

Times of India

BusinessTimes of India·Jul 27, 2026·1 min read

Oil prices fall 5%: Crude cools as US-Iran pause fuels hopes of diplomatic breakthrough

Oil prices dropped sharply as the United States and Iran held back from launching fresh strikes. This pause raised hopes that diplomacy could ease Middle East tensions and restore shipping. Brent crude futures fell significantly, trading…

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