June 24, 2025
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UKRAINIAN NEWS

Oil prices responded to Iran’s blow on US bases

Oil prices fell on Monday, as Iran’s attacks on US military facilities in Qatar were less large -scale than investors feared.

About it reports Bloomberg.

West Texas Intermediate (WTI) oil futures have decreased by over 4% – to a level below $ 72 per barrel, while Brent dropped to about $ 76 after the morning growth.

Market participants say that the first reports of Iran’s launch at least six rockets have caused short -term concern about the closure of the Strait of the Ormouz – a route that takes up to 20% of world oil supply of oil.

However, according to Reuters, strokes did not lead to significant damage. Iran warned in advance of closing the airspace above the income and gave instructions for shelter, which, according to analysts, could be a sign of the desire to avoid escalation.

Also read: How does exacerbation in the Middle East affect the prices of oil and economy of Russia?

Recall:

On June 23, Iran launched at least 10 missiles on US military bases in Qatar, there was reported that the air defense has been intercepted by the attack.

US President Donald Trump has called for oil prices low against the background of fear of their sharp growth after blows to Iranian nuclear facilities.

Oil prices have increased sharply to the highest level since January after the United States has joined Israeli in Iran’s nuclear objects on weekends, which caused concern about oil supply.

”, – WRITE: epravda.com.ua

Oil prices fell on Monday, as Iran’s attacks on US military facilities in Qatar were less large -scale than investors feared.

About it reports Bloomberg.

West Texas Intermediate (WTI) oil futures have decreased by over 4% – to a level below $ 72 per barrel, while Brent dropped to about $ 76 after the morning growth.

Market participants say that the first reports of Iran’s launch at least six rockets have caused short -term concern about the closure of the Strait of the Ormouz – a route that takes up to 20% of world oil supply of oil.

However, according to Reuters, strokes did not lead to significant damage. Iran warned in advance of closing the airspace above the income and gave instructions for shelter, which, according to analysts, could be a sign of the desire to avoid escalation.

Also read: How does exacerbation in the Middle East affect the prices of oil and economy of Russia?

Recall:

On June 23, Iran launched at least 10 missiles on US military bases in Qatar, there was reported that the air defense has been intercepted by the attack.

US President Donald Trump has called for oil prices low against the background of fear of their sharp growth after blows to Iranian nuclear facilities.

Oil prices have increased sharply to the highest level since January after the United States has joined Israeli in Iran’s nuclear objects on weekends, which caused concern about oil supply.

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