Rebounding from the losses made in the previous session, crude oil prices have soared on Monday after the proposed U.S.-Iran negotiations were called off by the U.S. while supply disruption concerns continue.
WTI Crude Oil for June month delivery was last seen trading up by $2.32 (or 2.46%) at $96.72 per barrel.
The U.S.-Iran war that started on February 28 is set to complete two months with no end to the conflict showing up.
For comments and feedback contact: editorial@rttnews.com
Market Analysis
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.