Oil prices fall over 7% amid US-Iran strike pause
after close1 source ↓written by the desknot a recommendation
- per barrel
- $85.02
- falling
- 7.5%
- $82.62
Oil prices dropped sharply on Monday, with West Texas Intermediate down over 7% to $85.02 per barrel and Brent crude falling 7.5% to $82.62. This decline follows a pause in US strikes on Iran after 13 nights of attacks, easing geopolitical tensions that had previously supported higher prices. Traders will monitor the situation closely for any resumption of conflict that could influence market volatility.
Not investment advice. For informational purposes only.