---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/100000000817015.md"
description: "Brent crude oil is falling significantly back to around $90, following a pause in strikes by the US and Iran over the weekend, although negotiations are ongoing rather than an official ceasefire; it closed at $96.28 on Friday after trading above $100 for several weeks.The 顺势 (following the trend) decline in oil prices is a positive development for energy-importing Singapore.Global energy costs in June impacted consumer prices, leading to high core inflation in Singapore. Consequently, the Monetary Authority of Singapore has tightened monetary policy, creating a chain reaction."
datetime: "2026-07-27T04:07:49.000Z"
locales:
  - [en](https://longbridge.com/en/topics/100000000817015.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/100000000817015.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/100000000817015.md)
author: "[Tiffany lover](https://longbridge.com/en/profiles/21320188.md)"
generator: "portal-rs"
---

# Brent crude oil is falling significantly back to a…


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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**