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Data Story: Global Oil Price Fluctuations

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Data Story: Brent crude jumps 18% in 10 days amid Israel-Iran conflict

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Data Story: Global Oil Price Fluctuations
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Debasis Mohapatra

Bengaluru, 20 June 2025

Brent crude futures contract ending August 2025 has jumped nearly 18% since June 10, as the Israel-Iran conflict escalates for the seventh day.

Here is a snapshot of Brent Crude’s price as it is traded on ICE.

DateBrent Crude Price
Jun-10USD 66.87
Jun-11USD 69.77
Jun-12USD 69.36
Jun-13USD 74.23
Jun-16USD 73.23
Jun-17USD 76.45
Jun-18USD 76.70
Jun-19USD 78.85

*Israel-Iran conflict started on June 13, 2025.

*Freight rate has increased since disruption at Straight of Hormuz is likely.

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