A market analyst said “the carnage continues in oil prices” as crude prices continued to fall.

Markets eye durable truce before unwinding geopolitical risk premium in crude

NEW YORK: Crude prices fell Monday (Jun 22) after the US said it is temporarily lifting sanctions on Iran to allow it to export oil, while the Nasdaq retreated on concerns after…

Brent crude, the international benchmark for oil prices, was trading at $73.81 a barrel at 10:40 a.m. EDT, down 4.2% from Tuesday's close.

A market analyst said “the carnage continues in oil prices” as crude prices continued to fall.

Apple shares fell after price increases, while Micron rose on strong AI-related earnings.