# Oil prices fall as US and Iran pause fighting; AstraZeneca tops profit forecast on cancer drug sales

Oil prices declined after the US and Iran agreed to a temporary ceasefire, easing supply concerns. Meanwhile, AstraZeneca reported better-than-expected profits, driven by strong sales of its cancer treatments. The developments signal shifting dynamics in energy markets and pharmaceutical sector performance.

**Importance:** 3/5

## Sources

### Business
- [The Guardian Biz](https://www.theguardian.com/business/live/2026/jul/27/oil-falls-us-iran-pause-fire-astrazeneca-profit-latest-economy-news) — Mon, 27 Jul 2026 06:32:20 GMT
- [The Guardian Biz](https://www.theguardian.com/business/2026/jul/27/oil-prices-fall-us-strikes-iran-brent-crude-bp-shell-ftse-100) — Mon, 27 Jul 2026 14:10:00 GMT

### World
- [BBC World](https://www.bbc.co.uk/news/articles/clyj834jn5lo?at_medium=RSS&at_campaign=rss) — Mon, 27 Jul 2026 10:43:02 GMT
- [The Guardian World](https://www.theguardian.com/us-news/2026/jul/29/first-thing-us-blocks-iranian-missile-barrage) — Wed, 29 Jul 2026 10:27:41 GMT