Oil Prices Hit One-Week Low After US, Iran Pause Fighting Over Weekend

Summary Trump pauses attacks to allow more time for diplomacy, US ambassador says Strait of Hormuz traffic stays low despite pause in conflict Kazakhstan’s daily oil output halves after exporting terminal closure, source says (Reuters) – Oil prices tumbled 7% on Monday, hitting a one-week low, ‌after the U.S. and Iran paused strikes over the weekend following … Read more