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Oil prices dip over 6pc after US, Iran pause fighting over weekend

Dawn

BusinessDawn·Jul 27, 2026·1 min read

Oil prices dip over 6pc after US, Iran pause fighting over weekend

Oil prices tumbled more than six per cent on Monday after the US and Iran paused strikes over the weekend after two weeks of attacks, raising hopes of a diplomatic solution that would de-escalate the conflict and allow shipping to resume…

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