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Financial Times • Jun 23, 2025

Oil tumbles as traders bet on ‘major de-escalation’ between US and Iran

The sharp decline in oil prices reflects market expectations of reduced geopolitical tensions, potentially leading to increased supply and a stabilization of energy costs globally.

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CoinDesk • Jun 23, 2025

Bitcoin Holds Key Support; Oil Disappoints 'Doomers' as Brent and WTI Erase Early Price Gains

Despite geopolitical tensions around the Strait of Hormuz, oil prices retreated after early gains, while Bitcoin maintained crucial levels, reflecting cautious investor sentiment a...

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