Oil prices return to pre-Middle East war levels
Nexus Europa Newsroom
Posted Jun 25, 2026, 02:30 PM UTC · In the digest of 2026-06-25-1430
Brent crude oil prices for August delivery fell below $72 on Thursday, June 25, returning to pre-Middle East war levels, signaling an easing in markets despite ongoing US-Iran peace discussions.
Brent crude oil prices for August delivery fell below $72 on Thursday, June 25, reaching levels not seen since before the Middle East conflict. This figure is lower than the $72.48 recorded on February 27, the day preceding initial Israeli-American strikes in Iran. The decline signals a clear easing in oil markets, even as a complete peace agreement between the United States and Iran has not yet been finalized.
Sources: Le Monde