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macroJun 10, 2026, 12:56 PM

Brent Oil Muted After US-Iran Strikes, Near Recent Lows: MUFG

Brent oil prices have shown a muted response to renewed US-Iran military exchanges, trading near recent lows after briefly dipping below $90 per barrel, according to MUFG analysts Hardman and Lockhart.

BRENT

MUFG analysts Hardman and Lockhart report that Brent crude oil has exhibited a limited reaction to renewed US-Iran military exchanges.

Prices are trading near recent lows after briefly slipping below the $90 per barrel level.

Source: FXStreet Forex News