A pause in U.S. military strikes on Iran coincided with a 7.5 percent drop in Brent crude to $89.42 per barrel and minor currency movements including the euro rising 0.1 percent to $1.1374. Markets priced a roughly 33 percent chance of a quarter-point Federal Reserve policy shift at the July 28-29 meeting under new Chair Kevin Warsh. Sources consist of one center-rated outlet and one unrated outlet, limiting perspective diversity.