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BAKKEN WIRE
The Morning Take - Energy Market Briefing
Global Markets

Energy Market Briefing

Bakken Wire Staff·☀️Morning Wire·
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Bakken Wire Morning Briefing Monday, June 8, 2026

1. Headlines

Oil prices are pushing higher this morning, with WTI up 0.97% to $91.42 and Brent up 1.14% to $94.15. The move is being attributed to a direct escalation in the Iran-Israel conflict. According to reports from OilPrice.com and Rigzone, Israel conducted airstrikes on a petrochemical complex in southwestern Iran early Monday, marking the first direct energy strike on Iranian soil since an April 8 ceasefire. This follows a weekend of exchanged missile attacks.

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