Brent crude falls below 80 dollars per barrel

Brent crude oil futures for October delivery on London's ICE exchange fell below $80 per barrel for the first time since July 13, 2026.

According to trading data, the benchmark dropped 4.82% to $79.73 per barrel, before edging back to $80.17.

The last time oil traded at this level was July 13.

Meanwhile, WTI crude futures for September delivery fell 5.16% to $76.03 per barrel.