Oil prices surge as supply tightens, geopolitical fears mount [ANALYSIS]

Azernews.Az

20 June 2025 17:00 (UTC+04:00)

Nazrin Abdul

The recent uptick in oil prices amid renewed uncertainty over the U.S. role in the Iran-Israel conflict underscores a precarious truth: the global energy market remains dangerously sensitive to geopolitical tensions in the Middle East. What appears on the surface as modest price fluctuations masks a deeper vulnerability — one that threatens not only economic stability but also the delicate fabric of international diplomacy. On Thursday morning, Brent crude futures nudged above $76 per barrel, while West Texas Intermediate (WTI) crude climbed...

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