June 13, 2026
"The real question on traders' minds is that if Iran's oil infrastructure is possibly now at risk,” one analyst says
Analysts flag concerns over Saudi oil exports from Red Sea
On Thursday, Brent rose 5.7% while WTI gained 4.6% on fears of further escalation of the war
Fed will likely keep interest rates on hold amid inflation concerns
Brent rises to $80 as tanker shipments through the Strait of Hormuz stop, and analysts warn oil could hit $100
Brent, WTI gain about 6% since last week's lows