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BAKKEN WIRE
The Midday Take - Energy Market Briefing
Global Markets

Energy Market Briefing

Bakken Wire Staff·🔆Midday Wire·
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Daily Energy Market Briefing Thursday, June 11, 2026

1. Headlines

Oil prices are moderately higher today, with WTI trading at $90.88 and Brent at $93.48, according to midday data. This follows a volatile week driven by the U.S.-Iran conflict. The immediate catalyst for today's move is President Trump's threat, reported by OilPrice.com, to seize Iran's Kharg Island oil terminal and assume "total control" of its oil sector, while also promising further U.S. strikes tonight if a peace deal isn't signed.

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