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Energy prices surge on Middle East risks
CNBC Television·2025-06-13 14:19

months. Pipa Stevens is tracking all of that action. A lot of other commodities as well.Uh Pipa, that's right, David. So, oil is still up 6%, but as you said, well off the highs of the session after WTI at one point jumped 14% overnight, underlining the fact that so far no oil supply has actually been disrupted with several firms saying prices cannot sustain these levels unless barrels actually come off the market. The focus now turns to Iran's response since that is likely what will dictate oil's next move ...