Nicholas Heath
Enterprise editor at Upstream
Opinion

Where's the oil price shock as Middle East conflict deepens?

Crude futures have risen following the intensification of conflict between Israel and Iran but remain below previous peaks from earlier this year

Market statistics are displayed on a screen as traders work on the floor of the New York Stock Exchange at the opening bell earlier this month.
Market statistics are displayed on a screen as traders work on the floor of the New York Stock Exchange at the opening bell earlier this month.Photo: AFP/SCANPIX
Published 18 June 2025, 11:18Updated 18 June 2025, 11:18
Israel-Iran ConflictOpecIsraelIranStrait of Hormuz