# Oil Prices Drop as Asian Stocks Rise Tensions easing between Iran and the US led to a decline in oil prices. - **Source:** [Economic Times](https://brifing.si/source/37791137-c35a-4ffe-b6a9-fe103afc9e48) - **Published:** 2026-07-27 - **Topic:** [Business](https://brifing.si/c/business) - **Original article:** - **On Brifing:** https://brifing.si/s/93a2a346-3bfb-4f21-929c-3fbe5d415517 ## Decline in Oil Prices Brent crude prices fell by 7.4% to below $90 a barrel as tensions between the US and Iran eased. This reduction alleviated concerns over Middle Eastern energy supply disruptions. ## Rise in Asian Stocks The MSCI Asia Pacific index rose by 0.4%, while Nasdaq 100 futures climbed 1.2%. Market optimism increased following last week's selloff in chip stocks. ## Dollar and Bond Market The dollar weakened against almost all G-10 peers as tensions eased. US and Australian government bonds gained value. ## Gold and Precious Metals Gold led precious metals higher, climbing over 1%. This rise was supported by easing inflation concerns. ## Fed's Interest Rate Decision Markets are focused on whether the Federal Reserve will raise interest rates this week. Recent oil price increases have fueled inflation worries. ## Tech Giants' Earnings Recent selloffs in AI stocks have heightened expectations for tech giants' earnings. Results from Microsoft and Meta Platforms, due Wednesday, are highly anticipated. ## Sources covering this story - https://economictimes.indiatimes.com/markets/us-stocks/news/global-market-today-oil-falls-asian-stocks-rise-as-iran-tensions-ease/articleshow/132650610.cms — --- _Summary written by Brifing from the original reporting. Copyright in the original article belongs to its publisher; read the full piece at the link above._