New Overnight Developments Abroad - Daily Update
Fears Lessen about Oil Supply Fallout from Israeli-Iranian Military Conflict
June 16, 2025
(187) Israeli missile attacks so far have stayed clear of major Iranian oil production installations. Having soared earlier overnight to as high as $77.4 per barrel, the price of West Texas Intermediate crude settled back to $72.07 for a net decline so far of 1.3%. The G7 Summit in Alberta, Canada is underway and so […] More
