Oil slides on Iran supply prospects as traders wait on Warsh

Tumbling crude prices on news that Iranian fuel may soon hit global markets promised inflation relief and pushed bond yields lower on Wednesday, while stocks and currencies were quieter ahead of ​Kevin Warsh's debut meeting as Federal Reserve chair.

Jun 17, 2026 - 10:00
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Oil slides on Iran supply prospects as traders wait on Warsh
Tumbling crude prices on news that Iranian fuel may soon hit global markets promised inflation relief and pushed bond yields lower on Wednesday, while stocks and currencies were quieter ahead of ​Kevin Warsh's debut meeting as Federal Reserve chair.

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