Event Brief
Brent crude falls near $88 after US-Iran ceasefire
Filed: Jul 28, 2026 at 5:10 AM ET
Summary: 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.
ℹ️ This event is analyzed using pattern arcs, velocity indicators, and source analysis in our MI Console.
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