RE:RE:RE:Limited damage according to Iran?Sure it was already factored in because they said they wouldn't strike oil targets.
They also won't kill civillians and women and children or humanitarian aid groups.
Maybe only you had it factored in. Saying it was factored in doesn't mean it was.
You forgot one. Too much supply. oil falls
Mmmmm more kool-aid.
WTI crude futures tumbled by around 6% to below $68 per barrel on Monday after Israel’s retaliatory strikes on Iran over the weekend avoided the country’s crude facilities and nuclear infrastructure, easing fears of disruptions to energy supplies. Israeli fighter jets targeted military sites across Iran on Saturday in response to Iranian missile attacks at the start of October. Oil prices experienced wild swings this month on rising geopolitical risks in the Middle East, although Israel’s retaliation was more restrained and proportionate than markets feared, raising hopes of further de-escalation in regional conflict. On the demand side, signs of weak economic activity in top consumer China continued to weigh on sentiment, with weekend data pointing to a decline in industrial profits despite recent government stimulus. Elsewhere, market participants are watching for potential output adjustments from OPEC+ and the implications of the US election.
https://tradingeconomics.com/commodity/crude-oil GLTA
GLTA