
StratNews Global
June 18, 2025 at 08:48 AM
*Oil Prices Surge As Iran-Israel Conflict Drags Into Sixth Day*
Oil prices climbed further in Asian trading on Wednesday, building on a 4% surge from the previous session amid fears that the ongoing Iran-Israel conflict could disrupt supply chains.
Brent crude futures rose 26 cents, or 0.3%, to $76.71 a barrel by 0440 GMT. U.S. West Texas Intermediate crude futures rose 35 cents, or 0.5%, to $75.19 per barrel.
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