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At close · Fri, Jul 24, 2026
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Home›Commodities›Energy›Crude prices sink as Iran-U.S. negotiations replace re…

Crude prices sink as Iran-U.S. negotiations replace recent attacks

Crude is sliding as talks between Iran and the U.S. move the focus away from the tit-for-tat strikes that had been driving volatility in recent weeks.

Reported · Written up by our desk · Energy

CNBC World reports that crude prices are falling as negotiations between Iran and the U.S. begin to take the place of the tit-for-tat attacks that have characterized recent weeks.

The outlet links the shift in headlines to the market, saying crude is sinking amid the change in expectations around conflict and escalation.

Latest closeWTI crude $90.47 ▼1.9%

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Sources

CNBC WorldCNBC Daily Open: Iran attacks halt and wildfires rage across Europe

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