Baku 21° C
Oil prices fall over 2% after signing of US-Iran MoU
Energy
- 18 June, 2026
- 09:45
Add Report.az to preferred Google sources
Stay up to date with the top news!
Global oil prices fell over 2% following the signing of a memorandum of understanding between the US and Iran, Report informs referring to trading data.
The price of August Brent crude oil futures fell 2.23% from the previous close, to $77.78 per barrel. July WTI crude oil futures fell 2.55% to $74.83.
Markets are assessing geopolitical news regarding the situation in the Middle East. Earlier on Thursday, US President Donald Trump announced that he had signed a memorandum of understanding between the United States and Iran, ending the conflict between the two countries.
Author
Latest News
00:04
80 people suffer food poisoning in Türkiye's Izmir
Region
23:40
UK ambassador summoned to Iranian Foreign Ministry over RAF Fairford claims
Region
23:06
Photo
Sabah beat Slavia 2-0 for historic Champions League victory
Football
22:46
Marta Kos: Albania's EU membership by 2030 is entirely possible
Other countries
22:25
Netherlands may need €9.5 billion to upgrade roads and railways for NATO
Other countries
22:12
Photo
Video
Sites of Memory of Western Azerbaijan: History of Arafsa in Zangazur
Domestic policy
21:54
Photo
Nakhchivan, ADB discuss Zangazur Corridor and regional projects
Tourism
21:27
Azerbaijani ambassador highlights energy cooperation with EU at Zagreb forum
Foreign policy
21:14
Mikayil Jabbarov highlights Azerbaijan-Turkmenistan role in Middle Corridor
Foreign policy