Oil prices have fallen further in early trading after setting a two-month high set last week.

Oil prices hovered around a one-week low today after the US and Iran paused strikes over the weekend following two weeks of attacks.

LONDON , July 27 : Oil prices tumbled more than 5 per cent on Monday after the U.S. and Iran paused strikes over the weekend following two weeks of attacks, raising hopes of a diplomatic solution that would de-escalate the conflict and allow shipping to resume in the Strait of Hormuz. Brent crude futures fel

LONDON , July 27 : Oil prices tumbled 7 per cent on Monday, hitting a one-week low, after the U.S. and Iran paused strikes over the weekend following two weeks of attacks, raising hopes of a diplomatic solution that would de-escalate the conflict and allow shipping to resume in the Strait of Hormuz. Brent cr

Oil prices fell on Monday amid a pause in strikes between the US and Iran, boosting hopes for a return to a ceasefire and new talks on reopening the Strait of Hormuz. The United States held fire over…