Crude Oil Futures News - June 22, 2026
US Waives Iran Sanctions and Oil Drops Below $74 — Can Crude Prices Recover, or Is This the Start of a Deeper Slide?
Oil markets stumbled as the Biden administration's surprise decision to temporarily lift sanctions on Iranian crude sent WTI futures tumbling to their lowest...
US Waives Iran Sanctions, Sending WTI Crude Below $74
West Texas Intermediate crude dropped below $74 a barrel. This marks the lowest price level since early March. The U.S. Treasury Department issued a...
🔴 Crude Oil is trading 2.0% down today as Middle East supply risks ease
Crude Oil is trading 2.0% down at $74.98 as traders react to improving supply signals from the Middle East and the Strait of Hormuz. • Recent reports...