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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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Daily Energy Market Briefing Tuesday, June 23, 2026

1. Headlines

Oil prices are slightly lower in early trading, with WTI at $73.81 and Brent at $77.77. The modest decline is attributed to advancing diplomatic talks between the U.S. and Iran. Multiple sources, including OilPrice.com and Rigzone, report that the U.S. Treasury issued a temporary 60-day general license on Sunday, waiving sanctions to allow Iranian oil sales until August 21. Concurrently, Libya has reportedly reached 1.4 million barrels per day of production, its highest level since 2013.

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