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  • June 2026
    The United States Becomes the World’s Top...

    The United States has become the world's largest oil exporter after sanctions against Russia for its invasion of Ukraine reduced its exports,...

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  • June 2026
    Oil Market Price Shock Has Been Relatively...

    When Russia invaded Ukraine in 2022, oil prices shot up to $139 per barrel, but they were somewhat subdued in the war...

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  • June 2026
    Oil Prices Drop as a Deal Between...

    Brent crude oil, the international benchmark, was trading around $83 per barrel on the morning of June 15—a three-month low—after an announcement...

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  • June 2026
    Middle East Tensions Result in Higher Oil...

    Early Monday trading saw oil prices rise more than 4% as Iran and Israel exchanged strikes, raising concerns that renewed Middle East...

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  • June 2026
    Fighting Resumes in Iran and Peace Negotiations...

    The United States struck Iranian military sites over ‌the weekend and Iran's Revolutionary Guards targeted a U.S. base in response. Israel also...

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  • June 2026
    U.S. and Iran Agree to a 60-Day...

    The United States and Iran reached a tentative agreement at the end of May to extend their ceasefire by 60 days and...

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