The Chonkerton

Oil extends losses as a pause in U.S.-Iran hostilities raises de-escalation hopes

business

Oil prices extended recent losses, per CNBC, as a pause in U.S.-Iran hostilities raised investor hopes for possible de-escalation in the region. Trump dismissed concerns about U.S. weapons shortages on Monday en route to Michigan.

Source: https://www.cnbc.com/2026/07/28/oil-price-today-wti-brent...

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