Oil
Oil Falls as Israel and Iran Halt Hostilities That Risked Talks
Oil declined after Israel and Iran agreed to end attacks against each other following an escalation of violence that threatened to derail efforts to end the war in the Middle East.
China’s Oil Imports Plunge to Eight-Year Low on War Disruptions
China’s buying of oil from overseas slumped to the lowest in more than eight years last month as the Iran war crimped supply and Beijing held off scrambling for replacement barrels.
Saudis Lower July Oil Prices, Though Still at Decades High
Saudi Arabia cut the price of its main crude grade to Asia for a second straight month, though the premium for barrels to the kingdom’s largest market remained near the highest in decades.
