Line chart showing daily Brent crude oil futures prices from January 2, 2025 to March 3, 2026. Prices start near $80 per barrel, fall sharply in mid-March, and spike in mid-June after Israeli strikes on Iran and U.S. bombing of nuclear sites, rising nearly 3% on June 19. Prices drift lower through the fall, dipping in October amid oversupply and again in mid-December on rising supply and Russia-Ukraine peace progress. By early March 2026, prices rebound to about $84 per barrel following renewed U.S. and Israeli strikes on Iran.