Oil prices slip further amid reports of US-Iran talks

7/28/2026 8:22:36 AM

Oil prices continued to fall in early trading today following a pause in hostilities between the US and Iran, Reuters reports.

Brent crude futures were down $1.47, or 1.66 percent, at $86.89 by 03:26 GMT, marking the lowest it has been in eight days, while US West Texas Intermediate crude was trading at $81.16, down $1.45, or 1.76 percent.
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