Oil prices ease as Iran and Israel pause attacks; Brent, WTI retreat from recent highs | TheBriefWire
Oil prices ease as Iran and Israel pause attacks; Brent, WTI retreat from recent highs
Published 9 June 2026 ยท finance
Oil prices dipped Tuesday as Iran and Israel paused attacks, easing immediate supply disruption fears. This followed a sharp rise on Monday amid renewed Middle
Oil prices dipped Tuesday as Iran and Israel paused attacks, easing immediate supply disruption fears. This followed a sharp rise on Monday amid renewed Middle East tensions. Despite the de-escalation, concerns linger over the Strait of Hormuz and Houthi actions impacting Red Sea shipping. OPEC+ agreed to boost output, but analysts doubt its effectiveness due to production struggles.
The BriefWire