Crude oil price to slump? Prices set for biggest weekly drop since March 2023; supply risk premium from Israel-Iran conflict fades
Friday, 27 June 2025 () Oil prices are set for their largest weekly decline since March 2023 as concerns about supply disruptions from the Iran-Israel conflict have diminished. Despite a slight intraday increase, both Brent and WTI crude benchmarks are poised for a roughly 12% weekly drop. Analysts cite an oversupplied market and revised price forecasts, while U.S.
Iran on Wednesday admitted that U.S. and Israeli strikes caused severe damage to its nuclear facilities, validating President Trump’s claim of “complete obliteration.” Foreign Ministry spokesperson Esmail Baghaei confirmed “significant damage” while refusing to share specifics. In...
Ukraine faces one of its darkest weeks as Russia intensifies its aerial offensive. With missile strikes hitting civilian targets and drone attacks overwhelming Ukraine's air defenses, chilling visuals..
Ukraine faces one of its darkest weeks as Russia intensifies its aerial offensive. With missile strikes hitting civilian targets and drone attacks overwhelming Ukraine's air defenses, chilling visuals..
Following Russia’s largest aerial attack on Ukraine—over 500 drones and 60 missiles—President Zelensky has made an urgent plea to the U.S. and European allies for advanced air defense support...
Mumbai: Indian stock markets extended their gains for the second straight day on Wednesday, supported by strong buying in media and technology shares. ... Zee News