CoinEx News: From the July 23-24, 2026 peaks near $100-105 a barrel for Brent and around $92 for WTI, crude oil has declined roughly 12% through July 28 after the United States paused its air strikes on Iran over the weekend and Iran halted retaliatory actions. Brent traded near $87.9 and WTI near $81.6 on July 28. The pause reduced the geopolitical premium that had built during nearly two weeks of attacks disrupting flows through the Strait of Hormuz and the Red Sea. Lower energy prices may ease some near-term inflation pressure across global markets.