Oil Prices Drop As Israeli Airstrikes Spare Iran’s Oil Facilities
Oil prices fell on Sunday after Israeli airstrikes, widely anticipated to target Iranian oil infrastructure, focused instead on Iranian air-defence and military installations. West Texas Intermediate (WTI) crude dropped 4.4% to US$68.68 per barrel, while Brent crude fell 4% to US$72.55, as concerns over a wider Middle East conflict eased. Market tensions had driven prices […]