Oil price dives as US and Iran pause attacks










The price of oil sank more than 9% on Monday on hopes that a pause in attacks between US and Iran could help lead to a resolution to the conflict. Brent crude, the global benchmark for oil, dipped below $88 a barrel, marking a sharp turnaround from last week when it had risen above $100.
Reported by 14 outlets — BBC World, NYT Home, CBS News, NBC News, NPR Business, and 7 more. See all sources ↓
The price of oil sank more than 9% on Monday on hopes that a pause in attacks between US and Iran could help lead to a resolution to the conflict. Brent crude, the global benchmark for oil, dipped below $88 a barrel, marking a sharp turnaround from last week when it had risen above $100. The fall came after the US ambassador to the UN said attacks on Iran had been halted for a second night in a row to give "talks some space". An Iranian army spokesperson said on Sunday that Tehran had halted "retaliatory" attacks in the region in response.
Read the full report at BBC World ↗
Why it matters
14 outlets are covering this world story — one to watch as reporting develops.
- What's the story?
- The price of oil sank more than 9% on Monday on hopes that a pause in attacks between US and Iran could help lead to a resolution to the conflict. Brent crude, the global benchmark for oil, dipped below $88 a barrel, marking a sharp turnaround from last week when it had risen above $100.
- How widely is it covered?
- 14 outlets, average source rating 7.1/10.
- When was it last updated?
- 11m ago.
How outlets are framing the same story
Here's how each outlet is covering the story — compare their headlines and timing at a glance.
- Coverage card11 outlets1CoverageScouting report
Oil prices slide as U.S. and Iran pause strikes to give ‘space’ for diplomacy
Sources11TypeCoverageBBC World
NYT Home
CBS News
NBC News
NPR Business
The Hill
MarketWatch
CNBC Top News
Fortune
Seattle Times
New York Post
- Coverage card1 outlet2CoverageScouting report
European shares gain as US-Iran peace optimism lifts risk sentiment
Sources1TypeCoverageInvesting.com · Stock Market
BBC World9
NYT Home9
CBS News8
NBC News8
NPR Business8
The Hill7
MarketWatch7
CNBC Top News7
MarketWatch7
Fortune6
Investing.com · Stock Market6
Investing.com · Stock Market6
Seattle Times6
New York Post5