
Jun 12, 2025
Daily (12.06.2025): Oil prices reached a 2-month high on Wednesday amid rising Middle East tensions
Crude oil prices climbed to their highest level in two months on Wednesday, driven by escalating tensions in the Middle East. The rally was sparked by reports of a potential U.S. embassy evacuation in Iraq and the possible withdrawal of military dependents from Bahrain, which surprised markets and heightened fears over sustained sanctions on...