Oil prices dipped as President Trump indicated progress in Iran talks and paused strikes on energy infrastructure. This follows a sharp rally amid escalation fears. Despite diplomatic efforts, the US is deploying troops. Iran demands a complete halt to attacks and guarantees for peace. Disruptions to the Strait of Hormuz are severe, with analysts predicting continued price volatility.
Oil Price Today (March 27): Crude oil slips marginally, holds above $100 as Donald Trump pauses Iran energy strikes for 10 days. What lies ahead?
by ET Markets | March 27, 2026 8:04 am | Indian Stocks, Market, News