World•CBS News

Oil prices fall amid hope for U.S.-Iran diplomacy as strikes paused

July 27, 2026•1 min read

Oil prices fell on Monday as President Trump's decision to pause strikes on Iran fueled hopes for diplomacy. Meanwhile, top tech stocks including Amazon and Meta are preparing for the release of their new earnings reports.

Yahoo Finance reporter Brooke DiPalma joins CBS News to discuss.

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Oil prices fall amid hope for U.S.-Iran diplomacy as strikes paused

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