Event Brief
UPDATED Jul 28, 2026 at 12:04 PM ET
Jul 26, 2026 at 8:00 PM ET
Brent crude falls near $88 after US-Iran ceasefire
By The BriefBrief
Brent crude dropped about 10% across two sessions to around $88 after a US-Iran ceasefire.
WHO: Brent crude oil market
WHAT: Brent crude price fell about 10% to around US$88 a barrel following a US-Iran ceasefire.
WHEN: Jul 28, 2026 at 4:36 AM ET
WHERE: Location not specified
WHY: The US suspended air strikes on Iran and Iran indicated it would halt attacks if the pause held.
How this story developed (showing 8 of 8 earlier reports)
Reporting from 15 identified publishers across this event arc.
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Publishers represented across this event arc
These publishers contributed reporting to the broader event history. Not every source addresses the specific development described above.
How this brief is built: The BriefBrief correlates multiple sources into one evolving event brief, updated as new facts emerge.
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