OIL PRICES SLIDE AFTER U.S. AND IRAN PAUSE STRIKES episode artwork

EPISODE · Jul 27, 2026 · 25 MIN

OIL PRICES SLIDE AFTER U.S. AND IRAN PAUSE STRIKES

from Squawk Box Europe Express

Oil prices plunge as Iran reportedly says it will hold off on strikes as long as the US does the same, while Trump advisers fear over munitions supplies. Calming hostilities in the Middle East helps lift equity futures on both sides of the Atlantic - investors brace for a big week of corporate earnings and central bank decisions. Elsewhere, CXMT becomes the biggest China-listed company by total market cap in its blockbuster IPO - surging more than 500-percent in Shanghai. And French President Emmanuel Macron is set to hold a crisis cabinet meeting today, as hundreds of thousands of people are displaced as wildfires tear across France and Spain.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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OIL PRICES SLIDE AFTER U.S. AND IRAN PAUSE STRIKES

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