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Iranian Attack May Shake Oil Market, But Not for Long: Analysts

World News

14-04-2024 | 10:27

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Iranian Attack May Shake Oil Market, But Not for Long: Analysts

The unprecedented Iranian attack using missiles and drones on Israel on Saturday night has sparked new concerns in already volatile oil markets due to regional tensions.
However, analysts assert that the outlook for a lasting, imminent rise in prices remains unclear.

The night attack represents Iran's first direct assault on Israel, which Tehran claimed was in response to an airstrike that targeted its consulate building in the Syrian capital on April 1, attributing the attack to Israel.

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