Oil Prices Plummet Over 6% Following Israel’s Limited Strike on Iran

Oil prices experienced a significant drop on Monday, October 28, as Israel’s restrained retaliation against Iran over the weekend disappointed market expectations. The most actively traded Brent crude oil contracts for December ended the day down by 6.12%, settling at $71.00 per barrel (R$ 397,60) on the Intercontinental Exchange in London. Similarly, December contracts for […]