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Brent Oil Price Crash Near US$88 on US-Iran Truce

Rio Times

BusinessRio Times·Jul 28, 2026·1 min read

Brent Oil Price Crash Near US$88 on US-Iran Truce

Markets · Energy Key Facts —Price Move Brent crude fell about 10% across two sessions, settling near US$88 a barrel after a US-Iran ceasefire. —Ceasefire Trigger The United States suspended air strikes on Iran, and Iran indicated it would…

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