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 air base, 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 air base, said to be following an interception mission of an Iranian drone and missile attack on Israel.Photo: REUTERS/SCANPIX