DalsnaFinance

Global oil prices dip below $87 a barrel after new Iran ceasefire proposal. Blockade on Saudi by Yemen’s Houthis keeps losses in check.

Economy MarketWatch By Mike Murphy 20 Jul 2026 15:57 1 min read
Global oil prices dip below $87 a barrel after new Iran ceasefire proposal. Blockade on Saudi by Yemen’s Houthis keeps losses in check.

Oil prices took a dive into the red on Monday, reversing an earlier sharp rally, after a report of a 10-day ceasefire proposal between the U.S. and Iran sparked a sharp decline in energy prices

Oil prices took a dive into the red on Monday, reversing an earlier sharp rally, after a report of a 10-day ceasefire proposal between the U.S. and Iran sparked a sharp decline in energy prices

Read the full story on MarketWatch → Opens the original article on www.marketwatch.com

Summary aggregated from MarketWatch's public RSS feed. The full reporting belongs to MarketWatch — please read it on their site.