Friday, 20 June 2025 () Crude oil prices were set for another weekly gain today, the third in a row, as Israel and Iran continued to bomb each other with no sign of willingness on either side to switch to diplomacy. At the time of writing, Brent crude was trading at $77.04 per barrel, with West Texas Intermediate at $75.67 per barrel as the latest war in the Middle East entered its second week. The benchmarks dipped slightly from Thursday. The hostilities have pushed tanker rates sky high, along with vessel insurance, with many shippers choosing to avoid the Strait ofโฆ
Asian markets displayed uncertainty amid escalating US-Iran tensions and potential military action. Oil prices are poised for a third weekly gain despite a... IndiaTimes
Friday, 20 June 2025 ()
