Politics

Iran-Israel tensions: Oil prices retreat despite fresh Middle East concerns

Key global oil benchmarks have discounted the premium on oil prices that was factored in after Israel’s alleged air strike on Iran’s Damascus consulate

Israeli Air Force F-15 Eagle is pictured at an airbase, said to be following an interception mission of an Iranian drone and missile attack on Israel.
Israeli Air Force F-15 Eagle is pictured at an airbase, said to be following an interception mission of an Iranian drone and missile attack on Israel.Photo: REUTERS/SCANPIX
Middle East and South Asia EditorNew Delhi
IsraelOpecSaudi ArabiaIranMiddle East
Published 15 April 2024, 05:12Updated 15 April 2024, 11:00