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Crude oil prices decline as US-Iran peace talks progress

pre-market1 source ↓written by the desknot a recommendation

per barrel
$88
slipping below
$82

Crude oil prices fell sharply on 28 July, with Brent crude settling near $88 per barrel and WTI slipping below $82. This decline follows President Trump's announcement of paused military strikes against Iran, allowing for potential diplomatic negotiations. Traders are cautious as geopolitical tensions ease, impacting market sentiment.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 28 Jul 2026, 07:09 IST.

Sourcesnews.google.com

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