India, July 29 -- Brent Crude Oil Price Today (July 29): Brent crude oil price today climbed above $86 while WTI crude rose near $82 on July 29 after the US and Iran paused hostilities. Check the latest Brent and WTI crude oil prices and the key factors driving the market.

Oil prices rebounded sharply on Wednesday, July 29, with both Brent crude and US West Texas Intermediate (WTI) gaining more than 3% after the United States and Iran paused hostilities, easing immediate concerns over a wider regional conflict. The rally was further supported by a decline in US crude oil inventories, although traders remain cautious over ongoing geopolitical risks in the Middle East.

Brent Crude Oil Price Today (July 29)

Brent crude futures rose $2.71,...