Israeli attacks on Iran over the weekend targeted only military facilities, sparing oil installations, thus maintaining Iranian oil operations and reducing concerns about crude supply issues. In the face of this news, oil prices fell sharply, posting as much as 5.5% declines, after which a technical rebound began on crude prices.
Source: xStation
āļŠāļāļāļĢāļēāļĄ US vs Iran
Market Wrap: āļāļĨāļļāđāļĄāļĨāļąāļāļāļąāļ§āļĢāļĩāļāļđāļāļāļāļāļąāļ āļāļāļ°āļāļĩāđ AI āļĒāļąāļāļāļāļāļąāļāđāļāļĨāļ·āđāļāļāļāļ§āļēāļĄāđāļāļāļāđāļēāļāļāļāļāļāļĨāļēāļ
OIL: oil prices are down more than 22% from recent highs ð
āļāđāļēāļ§āđāļāđāļāļ§āļąāļāļāļĩāđ 15 āđāļĄ.āļĒ