Expect Oil Price Volatility as Trump Weighs Iran Intervention ...Middle East

Geopolitical risk raced back into oil markets last week with Israel's strikes on Iran, and Donald Trump's uncertainty about how he will react is only going to create more volatility in oil prices.Friday, June 20th, 2025 The unpredictable nature of the Israel-Iran conflict has seen Brent bounce in a wide range of $70.56 to $79.04 per barrel this week, set for a slightly bearish closing around $77 per barrel after the Trump administration pushed out the timeline of its potential involvement in the Gulf. US Federal Reserve decisions, OPEC+ policy,…

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