Oil prices dip after Iran attack on Israel

Oil prices took a hit today after Iran launched a missile attack on Israel. The attack caused a brief spike in oil prices as tensions in the region escalated. However, as the situation calmed down and no further escalation was reported, oil prices dipped back to pre-attack levels.

Analysts are keeping a close eye on the situation as any further escalation could lead to a sustained increase in oil prices. The attack on Israel has raised concerns about the stability of the region and its impact on global oil markets.

Investors are advised to monitor the situation closely and be prepared for potential fluctuations in oil prices in the coming days.