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Your Daily Energy Report for June 25, 2026
Posted on 2026-06-25
Crude Oil
Crude Oil futures for August settled up $1.58 or 2.246% at $71.92. Oil prices rose this Thursday as traders tracked logistics inside the Strait of Hormuz after an unidentified weapon struck a cargo carrier off the Omani coast. Documented by the maritime group UKMTO, this escalation reignited anxieties over the strategic shipping lane, stoking fears that Iran intends to dictate local navigation while negotiating a permanent end to its war with the US.
Natural Gas
Natural Gas futures for July settled up $.122 or 3.788% at $3.343. Natural gas prices jumped today, marking a three-week peak fueled by accelerating fuel volumes directed to major LNG export facilities and extended meteorological projections indicating intense summer heat persisting through July 10.
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