Brent Crude Falls Below $88.36 on July 27 as U.S. Halts Iran Airstrikes, Down 8.7%

According to ICE Futures Exchange, Brent crude oil for September delivery closed at $88.36 per barrel on July 27, down 8.7%, after the U.S. halted airstrikes on Iran over the weekend. West Texas Intermediate (WTI) crude for September delivery fell 7.5% to $82.61 per barrel on the New York Mercantile Exchange.
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