Oil Markets Whipsaw: Brent, US Crude Plunge $4 After Hitting 5-Month Highs Amid Iran-US Tensions

Unknown Apr 02, 2026 350 Views

Oil prices saw wild swings on June 23, with Brent and US crude futures surging to their highest levels since January before plunging over $4 in volatile late-session trading. The turmoil followed US and Israeli strikes on Iranian nuclear sites and Iran’s retaliatory threats targeting region...