WTI crude fell below $80, extending intraday losses to 5.4%. Brent slid toward $85, down nearly 6% on the day. Russian media reported the US and Iran have reached consensus on terms of a ceasefire agreement.

2026-08-26

WTI crude fell below $80, extending intraday losses to 5.4%. Brent slid toward $85, down nearly 6% on the day. Russian media reported the US and Iran have reached consensus on terms of a ceasefire agreement.