Oil sinks as Israel accuses Tehran of violating ceasefire
CNBC Television·2025-06-24 10:21
Turning now to the energy trade and how early morning developments between Israel and Iran are impacting the oil market that you can see here has fallen sharply over the last week. We're taking a look at WTI down double digits over the last week. Let's get over to our Dan Murphy in Dubai.Dan, good morning. Frank, good morning to you. And to build on what Raph was saying, this could really be a turning point for the oil markets as well.What we're seeing right now is the risk premium that was built into oil l ...