The uncertainty surrounding the global trade tariffs after the US slapped reciprocal tariffs on exporting countries earlier this month, the volatility index (VIX), which captures the expectations of market participants about near term volatility, across major equity markets shot up significantly.
Oil Price Today (July 27): Crude oil dips 5%, below $95 as US pauses strikes on Iran. What are experts saying?
Brent crude futures dropped $4.89, or 5.05%, to $91.89, after briefly falling below the key $90 support level earlier in the session. US West Texas
July 27, 2026