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Oil prices fall as US pauses strikes on Iran amid Israel tensions

Oil prices fall as US pauses strikes on Iran amid Israel tensions

The Guardian·27 July 2026

Oil prices dropped over 5% as the US paused military strikes on Iran for a second night, with Netanyahu set to visit the White House amid broader regional conflict including Houthi attacks on Saudi energy infrastructure. This escalating Middle East conflict involving Israel, Iran, and surrounding nations echoes prophetic warnings of end-times wars centered on the region, with economic and energy markets directly affected.