Israel launches strikes against targets in Iran after crude futures close

Israel launched strikes against targets in Iran following the crude futures close late Oct. 25. Crude futures had settled higher on expectations that Israel would respond to Iran’s Oct. 1 missile attack, potentially escalating conflict in the Middle East. NYMEX December WTI had settled up $1.59 at $71.78/b, and ICE December Brent climbed $1.67 higher to $76.05/b. According to various…Israel launched strikes against targets in Iran following the crude futures close late Oct. 25. Crude futures had settled higher on expectations that Israel would respond to Iran’s Oct. 1 missile attack, potentially escalating conflict in the Middle East. NYMEX December WTI had settled up $1.59 at $71.78/b, and ICE December Brent climbed $1.67 higher to $76.05/b. According to various…Read More