Oil prices slump on pause in US-Iran hostilities despite Houthi threats | The National
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Source: The National (UAE)
Published: 2026-07-27 15:10 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Middle East, Military & Defence, Iran, Energy, Business & Economy
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Snippet:
Oil prices slumped on Monday morning the US and Iran ceased hostilities after two weeks of strikes, raising hopes of a negotiated peace in the region, even as Yemen’s Houthi militia stepped up attacks on vessels in the Red Sea and hit Saudi energy assets.
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