WTI Crude Oil: Key Support Holds as Middle East Tensions Drive Volatility, June 9, 2026
Over the past three trading days, WTI Crude Oil has seen significant volatility, dropping from a high of $95.47 to close at $91.3. This sharp fluctuation was mainly driven by renewed military clashes and subsequent ceasefire between Israel and Iran. The geopolitical tension heightened market risk perception, triggering both a price surge and quick profit-taking. For average investors, this underscores the current oil market’s susceptibility to geopolitical developments and the influence of

















