RESOLVEDCrudeKey: ₹7565
US-Iran Military Pause: War Premium Strips from Crude
US-Iran announce pause in direct military strikes, removing key supply-disruption fear and sending WTI down $5.32 to $79.35 as geopolitical risk premium unwinds.
Outcome: The US-Iran military pause unwound geopolitical risk premium in crude markets, pulling MCX Crude down ₹54 from the ₹7,565 key level to ₹7,511 as WTI fell $5.32 to $79.35.
Started 3 Aug 2026Resolved 10 Aug 20261 brief