Oil Prices Tick Higher as Markets Balance Geopolitics and Demand
Friday, 4 July 2025 () Oil prices made a modest recovery as June closed and July began, giving investors something to watch after weeks of sharp ups and downs. West Texas Intermediate (WTI) crude rose by $1.68, or about 2.5%, to end at $67.20 per barrel, reflecting a market that shifted from bearish to cautiously optimistic. Middle East Tensions Ease, but Risks Remain One of the main reasons for the recent swings in oil prices was the tension between Israel and Iran. In June, Israel launched air strikes on Iranian nuclear sites, a rare move that raised concerns about…
Oil prices surged as the U.S. joined Israel in striking Iran's nuclear sites, sending shockwaves across global markets. Tehran warned that U.S. aggression has widened its range of legitimate targets,..
U.S. President Donald Trump broke his silence on the Strait of Hormuz crisis with an explosive post on Truth Social, urging oil producers to "KEEP OIL PRICES DOWN" and warning that they’re “playing..
Fresh satellite images reveal six precise impact holes on the mountain sheltering Iran’s Fordow nuclear plant — days after a massive U.S. airstrike. Analysts say Fordow may be "completely..
Friday, 4 July 2025 ()
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