Oil slides to more than a one-week low; Brent near $85 (Energy/Markets)

Generaldesk view

Oil slides to more than a one-week low; Brent near $85 (Energy/Markets)

Oil extended losses on July 28 on hopes for a U.S.–Iran de-escalation and Hormuz diplomacy. Brent futures fell to roughly $84.91–$86.68 a barrel and WTI to abou…

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Financedesk view

Oil extends decline as U.S.–Iran pause cuts geopolitical premium; WTI and Brent retreat (Energy)

With a pause in U.S.–Iran hostilities holding and diplomacy continuing, crude extended Monday’s plunge. CNBC cited Brent down about 3.9% near $84.91 and WTI dow…

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