Oil prices fall as US pauses strikes on Iran over strait of Hormuz
The US has suspended its bombing campaign around the strait of Hormuz. Photograph: Amirhosein Khorgooi/APView image in fullscreenThe US has suspended its bombing campaign around the strait of Hormuz. “We’ve been here multiple times since March,” said Ole Hvalbye, an analyst at SEB Research.
- ▪The US has suspended its bombing campaign around the strait of Hormuz.
- ▪Photograph: Amirhosein Khorgooi/APView image in fullscreenThe US has suspended its bombing campaign around the strait of Hormuz.
- ▪“We’ve been here multiple times since March,” said Ole Hvalbye, an analyst at SEB Research.
9 outlets in our directory ran this story, first to last over 17 hours. Coverage spans 3 points on the political spectrum — 2 lean left, 5 centre, 1 right.
- ▪ Oil prices near one-week low after US, Iran pause fighting over weekend — Dawn
- ▪ Iran says it controls Strait of Hormuz after weekend pause in strikes — The Hill
- ▪ Oil prices hit one-week low after US, Iran pause fighting over weekend — Yahoo Finance
- ▪ Oil prices drop over 5% after U.S., Iran pause fighting over weekend — The Globe and Mail
- ▪ Oil prices drop after US, Iran pause fighting over weekend — Channel NewsAsia
- ▪ Oil prices dip over 6% after US, Iran pause fighting over weekend — New York Post
- ▪ Oil Prices Fall After U.S. and Iran Pause Fighting for a Second Day — NYT > Top Stories
- ▪ Oil tumbles as Iran and US pause strikes over Strait of Hormuz — International homepage
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| Original publisher | The Guardian — Business |
| Canonical URL | https://www.theguardian.com/business/2026/jul/27/oil-prices-fall-us-strikes-iran-brent-crude-bp-shell-ftse-100 |
| Publication time | Mon, 27 Jul 2026 14:10:00 GMT |
| Retrieval time | 2026-07-27T14:26:23.336Z |
| Last seen | 2026-07-27T14:26:23.336Z |
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| Cluster | e0LUpBXRcuZE · 9 stories |
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Opening excerpt (first ~120 words) tap to expand
The US has suspended its bombing campaign around the strait of Hormuz. Photograph: Amirhosein Khorgooi/APView image in fullscreenThe US has suspended its bombing campaign around the strait of Hormuz. Photograph: Amirhosein Khorgooi/APOilOil prices fall as US pauses strikes on Iran over strait of HormuzBrent crude drops 9% to below $88 a barrel, prompting UK government bond yields to fall Business live – latest updates Jasper JollyMon 27 Jul 2026 10.10 EDTFirst published on Mon 27 Jul 2026 04.36 EDTSharePrefer the Guardian on GoogleOil prices have dropped sharply as traders bet that a pause in US attacks on Iran could prevent an escalation in the conflict that would further restrict global supply.Brent crude, the international benchmark for oil, fell 9% to below $88 a barrel on Monday…
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