Oil Prices Drop Amid Iran-U.S. Tensions and Regional Conflicts

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Source: Crude Oil Prices Today | OilPrice.com
Oil Prices Drop Amid Iran-U.S. Tensions and Regional Conflicts
Photo: Crude Oil Prices Today | OilPrice.com
TL;DR Summary

Oil prices dropped over 7% following Iran's missile attacks on U.S. bases in Qatar, amid escalating Middle East tensions after U.S. and Israeli strikes on Iran's nuclear sites; despite threats to close the Strait of Hormuz, oil flow remains stable, and the market's response has been relatively muted compared to past conflicts.

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