Reported 5 days ago
Following a large-scale missile attack by Iran on Israel, oil prices experienced only a minor increase of 2.5%. Despite fears of a broader conflict disrupting oil supplies, the prevailing market belief suggests that oil will continue to flow from the region. Given the interconnected interests of various nations, including the US and China, there is a strong likelihood that parties involved will avoid actions that could lead to significant oil price spikes.
Source: YAHOO