• 2 days ago
Oil prices plummeted early this week following a limited response from Israel to Iran’s missile strike, alleviating market fears of significant conflict escalation. Iran’s Supreme Leader Ayatollah Ali Khamenei signaled no immediate retaliation, easing tension further. West Texas Intermediate dropped on Sunday, while Brent futures fell before stabilizing. Analysts suggest the reduced risk of a Middle Eastern supply disruption will shift focus back to global oil fundamentals.

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00:00It's Benzinga bringing Wall Street to Main Street.
00:02Oil prices plummeted early this week following a limited response from Israel to Iran's missile
00:07strike, alleviating market fears of a significant conflict escalation.
00:11Iran's Supreme Leader Ayatollah Ali Khamenei
00:14signaled no immediate retaliation, easing tension further.
00:17West Texas Intermediate dropped on Sunday while Brett Futures fell before stabilizing.
00:22Analysts suggest the reduced risk of a Middle Eastern supply
00:25disruption will shift focus back to global oil fundamentals.
00:29For all things money, visit Benzinga.com.

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