Tension between Iran and America stopped, the price of crude oil fell by a huge 5 percent.
Relief news has emerged amid the ongoing military conflict between America and Iran. Friday, July 26, 2026 There has been a two-day pause on military attacks between the two countries. Due to this peace, the prices of crude oil in the international market have increased. 5 percent A decline of more than 100,000 has been recorded. During this time the President Donald Trump Said that this decision has been taken with the aim of creating space for talks.
đź“°: Saudi Arabia: Crown Prince and UK Prime Minister spoke on phone, discussed Houthi attacks and bilateral relations.
Diplomatic talks and peace efforts
Iran’s military spokesman Mohammed Akramania confirmed that Iran had stopped its retaliation. At the same time, talks are going on with the mediators of Oman regarding maritime traffic, which the spokesperson of the Foreign Ministry of Iran said. Esmaeil Baghaei Has said useful. Pakistan and Qatar are also working on a joint proposal to reduce tensions between Washington and Tehran, including Strait of Hormuz Issues include reopening of the oil and gas embargo and lifting of oil embargo.
Caution still remains in the maritime area
Despite claims of easing tensions, some incidents are still occurring in the Strait of Hormuz. There were also reports of an oil tanker hitting a mine and ships being intercepted by Iran’s Revolutionary Guards. The US Navy says the blockade of Iran is still in effect. Israeli Prime Minister Benjamin Netanyahu also this week washington Will visit, on which the eyes of the whole world are fixed.
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