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Oil prices rise as investors continue to watch U.S.-Iran moves, Citi sees 'overhang' disappearing

CNBC · Jun 23, 2026, 12:49 AM · Also reported by 2 other sources

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  • Oil rose slightly early Tuesday, fluctuating as investors show cautious optimism about an end to the conflict in the Middle East.
  • International benchmark Brent crude futures for August gained 0.36% to $78.18 a barrel.

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Oil rose slightly early Tuesday, fluctuating as investors show cautious optimism about an end to the conflict in the Middle East.

International benchmark Brent crude futures for August gained 0.36% to $78.18 a barrel. U.S. West Texas Intermediate futures for August added 0.45% to $74.19 per barrel.

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