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Oil Price - Global Markets Relatively Muted; Oil Price Rises on Escalating Middle East Conflict
23-06-2025 01:28
Oil and gas prices rose after the U.S. struck Iran’s nuclear infrastructure over the weekend, but the gains moderated early in the European trading session.
FTSE 100 Live 23 June: Blue-chip index in the red, oil price steadies
Brent Crude futures rose today amid fears of Iranian retaliation in the wake of America's bombing of three of its nuclear facilities. The oil price stood at its highest level since January at $78.31, an increase of about 1.4% in this morning’s dealings.