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WTI Falls 7.5% to $82.61 on July 27 as U.S.-Iran Military Tensions Ease

2026-07-27 22:09:30

According to Yonhapinfomax, crude oil futures fell sharply on July 27 as traders locked in gains following a pause in U.S.-Iran military confrontations. WTI September futures declined $6.70 to $82.61 per barrel, down 7.5%, while Brent September futures dropped $8.42 to $88.36 per barrel, down 8.7%. Over the preceding two trading days, WTI prices fell more than 10% as the Strait of Hormuz tensions eased, with limited but resumed commercial shipping activity observed.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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