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![KobeissiLetter Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::3316376038.png) The Kobeissi Letter [@KobeissiLetter](/creator/twitter/KobeissiLetter) on x 947.8K followers
Created: 2025-06-23 18:41:28 UTC

Talk about a complete collapse in oil prices:

Oil prices are now BELOW levels seen before the Israel-Iran war began.

Down over -XX% from their high of the day, oil prices are painting the true picture:

Today’s Iranian attack was de-escalatory.

![](https://pbs.twimg.com/media/GuJi10WXUAAbI7K.jpg)

XXXXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1937219470709186615/c:line.svg)

[Post Link](https://x.com/KobeissiLetter/status/1937219470709186615)