- Repsol announced a new buyback program as its earnings surged, remaining unaffected by Middle East conflicts due to no regional assets.
- U.S. crude oil stockpiles unexpectedly rose by 2 million barrels amid increased imports and decreased exports, according to the Energy Information Administration.
- Global oil prices reached a six-week high, driven by ongoing U.S. strikes on Iran and heightened tensions regarding potential further U.S. military actions in the region.
