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Oil prices continue to sink after US and Iran pause strikes

Published July 27, 2026 Updated July 27, 2026 05:25pm
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Oil prices continue to tumble throughout the day after the United States and Iran paused tit-for-tat strikes, Al Jazeera reports.

International benchmark Brent has plunged eight per cent to $86 a barrel as of 1200 GMT (5pm PKT).

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