Oil touches over one-week low as pause in attacks brings hope of U.S.-Iran deal
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Oil touches over one-week low as pause in attacks brings hope of U.S.-Iran deal
REUTERS
PUBLISHED 30 MINUTES AGO
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Oil prices extended losses on Tuesday, hitting their lowest levels in more than a week as hopes for a resolution to the U.S.-Iran conflict grew and traders continued to assess developments in the Middle East.
Brent crude futures were down US$1.75, or 1.98 per cent, at US$86.61, after hitting their lowest level since July 17. U.S. West Texas Intermedi…
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Jul 28, 2026