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Title:

Oil slips 1% on Iran talks hopes, set for monthly drop amid fragile ceasefire tensions

Detail:

Oil prices fell about 1 per cent on Tuesday, reversing earlier gains and heading for a sharp monthly decline, as investors weighed uncertainty around potential US–Iran talks in Doha and a fragile ceasefire in the Middle East. Both Brent and WTI hovered near pre-war levels, pressured by unclear progress on easing tensions in the Strait of Hormuz and concerns over weak Chinese demand.

Country:

India

Source:

ET Energy World

Published Date:

29.06.2026

URL:

View Original URL

Regions:

Asia SAARC Countries South Asia

Sectors:

Non-Renewable Energy Oil and Gas Construction Energy-Power and Electrical Computer Hardwares and Consumables

Project News Details

Title	Oil slips 1% on Iran talks hopes, set for monthly drop amid fragile ceasefire tensions
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Detail	Oil prices fell about 1 per cent on Tuesday, reversing earlier gains and heading for a sharp monthly decline, as investors weighed uncertainty around potential US–Iran talks in Doha and a fragile ceasefire in the Middle East. Both Brent and WTI hovered near pre-war levels, pressured by unclear progress on easing tensions in the Strait of Hormuz and concerns over weak Chinese demand.
Country	India
Source	ET Energy World
Regions	Asia SAARC Countries South Asia
Sectors	Non-Renewable Energy Oil and Gas Construction Energy-Power and Electrical Computer Hardwares and Consumables
Published Date	29.06.2026
Original Url	Original Url
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Title
Oil slips 1% on Iran talks hopes, set for monthly drop amid fragile ceasefire tensions
Detail
Oil prices fell about 1 per cent on Tuesday, reversing earlier gains and heading for a sharp monthly decline, as investors weighed uncertainty around potential US–Iran talks in Doha and a fragile ceasefire in the Middle East. Both Brent and WTI hovered near pre-war levels, pressured by unclear progress on easing tensions in the Strait of Hormuz and concerns over weak Chinese demand.
Country
India
Source
ET Energy World
Regions
Asia SAARC Countries South Asia
Sectors
Non-Renewable Energy Oil and Gas Construction Energy-Power and Electrical Computer Hardwares and Consumables
Published Date
29.06.2026
Original Url
View Original Url
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Oil slips 1% on Iran talks hopes, set for monthly drop amid fragile ceasefire tensions

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Oil slips 1% on Iran talks hopes, set for monthly drop amid fragile ceasefire tensions

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