Oil Prices Plunge After US and Iran Pause Strait of Hormuz Strikes
Brent Crude and WTI Prices Retreat From Recent Peaks According to market reports, Brent crude for September delivery fell 4.66% to $92.27 per barrel, while US benchmark West Texas Intermediate (WTI) dropped 5.02% to $84.83 per barrel. The downward correction follows a sharp rally earlier in the month. International standard Brent briefly touched $102 a … Read more