Oil update – Brent (futures) circa $72

The Israeli attack on Iran seems designed to minimise the chance of an all-out war:

• Israel strikes on Iran look designed to minimize the chance of retaliation

Oil prices getting slammed lower on futures markets to open the new week.

• Brent down nearly $4 to circa $72
• WTI down over $4 to under $68

This article was written by Eamonn Sheridan at www.forexlive.com.