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Oil prices drop as Iran pauses attacks amid US ceasefire talks

Market News
26 Jul 2026
CNBC
View Source
Neutral
pluang ai news

Oil prices fell sharply after Iran indicated it would suspend attacks if the US also pauses strikes, easing fears of escalating conflict. Brent crude dropped nearly 5% to $92 per barrel, while US West Texas Intermediate crude fell over 5% to $84.84. This pause follows the US decision to halt bombing campaigns amid concerns over limited targets and weapon stockpiles. The development reduces immediate geopolitical risks to oil supply, though market watchers remain cautious about future tensions and Federal Reserve policy impacts on inflation.

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Silvaco partners with NVIDIA to speed up semiconductor design using AI-powered digital twins.

Silvaco partners with NVIDIA to speed up semiconductor design using AI-powered digital twins.

Silvaco and NVIDIA have teamed up to enhance semiconductor design and manufacturing by integrating NVIDIA's AI and accelerated computing with Silvaco's physics-based simulation technology. This collaboration aims to create high-fidelity digital twins...

Market News
Bullish
1 hour ago
Ascentage Pharma CEO Dr. Dajun Yang named No. 3 on The Medicine Maker Power List 2026 for small molecule innovation.

Ascentage Pharma CEO Dr. Dajun Yang named No. 3 on The Medicine Maker Power List 2026 for small molecule innovation.

Dr. Dajun Yang, Chairman and CEO of Ascentage Pharma, was ranked No. 3 on The Medicine Maker Power List 2026 in the Small Molecules category, recognizing his leadership in oncology drug development. Under his guidance, Ascentage Pharma has advanced i...

Market News
Bullish
2 hours ago
Ares Capital remains a buy with a strong 10.13% yield and solid profit coverage despite some unrealized losses.

Ares Capital remains a buy with a strong 10.13% yield and solid profit coverage despite some unrealized losses.

Ares Capital (ARCC) is recommended as a buy due to its reliable 10.13% dividend yield and disciplined distribution coverage. Since 2022, ARCC's cumulative profits and realized gains have exceeded its distributions by $1.05 billion, showing strong fin...

Analyst Insights
Bullish
4 hours ago
Hilton Worldwide downgraded to 'hold' due to high valuation and rising debt despite strong Q1 2026 results.

Hilton Worldwide downgraded to 'hold' due to high valuation and rising debt despite strong Q1 2026 results.

Hilton Worldwide Holdings was downgraded from 'buy' to 'hold' because of its elevated valuation and increasing net leverage, even though its asset-light strategy and loyalty program have driven strong revenue and profit growth. The company’s Q1 2026 ...

Analyst Insights
Bearish
4 hours ago
BYD and Smart partner to make EV ownership more affordable for Australians via novated leasing.

BYD and Smart partner to make EV ownership more affordable for Australians via novated leasing.

BYD, a leading new energy vehicle manufacturer, has partnered with Smart, Australia's top salary packaging and novated leasing provider, to make electric vehicles (EVs) more accessible and affordable for Australians. This partnership allows eligible ...

Market News
Bullish
4 hours ago
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