🛢️ How Oil Traders Called the Middle East Conflict
🔍 Overview In mid‑June 2025, oil markets braced for a surge. Israel’s airstrikes on Iran’s nuclear facilities, followed by Iran’s symbolic missile attack on a U.S. base in Qatar, appeared primed to trigger a supply scare. But traders saw beyond the headlines—and instead sparked a historic sell‑off. Brent crude tumbled about 7% in a single…