Oil Price Momentum Tanks As Trump Dithers on Iran War Call
Thursday, 19 June 2025 () 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…
Israeli PM Benjamin Netanyahu signaled a break from U.S. President Donald Trump, declaring Israel is ready to destroy Iran’s nuclear facilities—alone if necessary. As war enters its second week,..
Tensions are skyrocketing in the Middle East. After a devastating missile strike by Iran on an Israeli hospital, Prime Minister Netanyahu vows full retaliation as Defense Minister Katz orders..
Tensions between Israel and Iran hit a boiling point as Israel issues a chilling evacuation warning near Iran's Arak heavy water reactor — a site capable of producing weapons-grade plutonium. A..