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Brent crude falls 5.58% to $91.38 as US-Iran deal hopes return

Oil prices fell sharply at the opening of Asian trading on Monday, with Brent North Sea crude down 5.58% at $91.38 a barrel.

AFP reported that investors took cautious relief from two consecutive nights without US strikes on Iran, which it said left open the possibility of new talks.

West Texas Intermediate fell to $84.43. The supplied text gave the size of the WTI move ambiguously as "$5.46 percent", so the exact stated decline for that benchmark was unclear.

Update

Brent North Sea crude fell 5.58% to $91.38 a barrel at Monday's opening of Asian markets.

West Texas Intermediate fell to $84.43, though the supplied text gave the size of its move ambiguously as '$5.46 percent'.

AFP linked the market move to cautious relief after two consecutive nights without US strikes on Iran and renewed room for talks.

Source note: AFP news report published on 26 July 2026 at 22:27:04 UTC.

Uncertainty notes

The supplied text states that West Texas Intermediate slid "$5.46 percent" to $84.43, making the exact stated size of the WTI decline unclear.
The source does not provide details of any possible US-Iran agreement or talks.

Source

AFP news report published on .

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