Oil Prices Drop as Middle East Conflict Persists
Oil prices were falling early Wednesday after a day of gains when President Donald Trump appeared to consider getting the U.S. directly involved in the conflict between Israel and Iran.
Israel continued its air and missile strikes, including targeting some oil facilities.
Iran is a major exporter of crude for world markets, and the concern is that output will be hampered and restrict supply. Despite recent gains, oil prices are still well below where they were this time last year.
Latest News
- Gold price today, Wednesday, June 18, 2025: Gold opens strong ahead of Fed projections
- Best high-yield savings interest rates today, June 18, 2025 (Earn up to 4.3% APY)
- Best CD rates today, June 18, 2025 (Lock in up to 4.4% APY)
- Best money market account rates today, June 18, 2025 (secure up to 4.41% APY)
- Hasbro cuts 3% of workforce
- Is Palantir Stock Poised to Surge Amidst the Israel-Iran Conflict?