News › Markets  ·  28 Aug 2026, 7:52 AM IST  ·  4 days ago

Crude oil prices extend losses despite ongoing US-Iran war tensions. What's near-term outlook?

Bias: Neutral 0

In one line — US-Iran war: Brent crude futures slipped 25 cents, or 0.3%, to $89.45 a barrel, while West Texas Intermediate (WTI) crude futures fell 22 cents, or 0.3%, to $83.31 a barrel.

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Source: Mint · AI-summarised by Anadi · Updated 28 Aug 2026, 9:00 AM IST

What Happened

US-Iran war: Brent crude futures slipped 25 cents, or 0.3%, to $89.45 a barrel, while West Texas Intermediate (WTI) crude futures fell 22 cents, or 0.3%, to $83.31 a barrel.