EconomyPublished: 28 July 2026 at 08:37
Global Stocks Mostly Rise, Oil Prices Fall as US and Iran Hold Fire
Stock prices in world markets mostly increased on Monday, while oil prices declined, as the United States and Iran refrained from strikes for several days in the Middle East conflict.
On Monday, global equity markets saw gains for the most part, with major indices trading higher. In contrast, crude oil prices dropped. The moves occurred as the United States and Iran have avoided launching attacks in the ongoing Middle East war for several consecutive days. The temporary lull in hostilities provided some relief to risk assets, though energy stocks underperformed due to falling oil prices.
