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19.06.2025 22:30:00

Oil Price Momentum Tanks As Trump Dithers on Iran War Call

Crude prices are technically higher today, but the market mood feels anything but bullish. WTI is clinging to $75.60 (+0.61%), but that masks a sharper intraday reversal that saw prices tumble from above $77 earlier in the session. Brent is faring better at $78.85 (+2.80%), and is missing the sharp pullback seen in the US benchmark.  Much of the morning rally was driven by the drumbeat of possible U.S. military involvement in the Israel-Iran war. But once the White House clarified that President Trump hasn’t made a decision—and…Weiter zum vollständigen Artikel bei OilPrice.com

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