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Oil prices fall below $90 a barrel amid US-Iran fighting pause

Brent crude has fallen below $90 a barrel, following a pause in hostilities between the US and Iran. Last week, prices had been trading above $100.

  • Brent crude is now trading below $90 a barrel.
  • The price drop follows a pause in fighting between the US and Iran.
  • Last week, Brent crude was trading above $100 a barrel, closing at $96.78 on Friday.

Brent crude prices have fallen below $90 a barrel, a change attributed to a pause in fighting between the United States and Iran. This marks a notable shift from last week, when prices were trading above $100 a barrel.

On Friday, Brent crude closed at $96.78 a barrel, having previously seen a resumption of hostilities in the Middle East.

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