Oil prices wobble as US and Iran attack episode artwork

EPISODE · Jun 24, 2025 · 7 MIN

Oil prices wobble as US and Iran attack

from POLITICO Energy · host POLITICO

The United States’ attack on Iranian nuclear facilities late Saturday caused a global oil price spike — but it hasn’t lasted. Prices have tumbled after Iran’s strikes on US military bases in Qatar and Iraq. POLITICO’s Ben Lefebvre explains these price fluctuations and what it all means for President Donald Trump’s low energy cost promises. Plus, New York governor Kathy Hochul is directing the state’s power authority to build a new nuclear power plant stat, giving NY more renewable energy options. Ben Lefebvre is an energy reporter for POLITICO. Josh Siegel⁠⁠ is the host of POLITICO Energy and a congressional energy reporter for POLITICO.  ⁠⁠Kara Tabor⁠⁠ is an audio producer for POLITICO. ⁠⁠Gloria Gonzalez⁠⁠ is the deputy energy editor for POLITICO.  ⁠⁠Matt Daily⁠⁠ is the energy editor for POLITICO.

Episode metadata supplied by the publisher feed · Published Jun 24, 2025

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