Crude oil futures started 2026 around $60, spiked to more than $112 in early April, and then began pulling back as near-term Iran war pressures eased. The article underscores heightened volatility in oil prices and the sensitivity of energy markets to geopolitical risk, with potential spillover effects across broader commodities and inflation expectations.
Crude oil futures started 2026 around $60, spiked to more than $112 in early April, and then began pulling back as near-term Iran war pressures eased. The article underscores heightened volatility in oil prices and the sensitivity of energy markets to geopolitical risk, with potential spillover effects across broader commodities and inflation expectations.
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