On Monday, oil prices decreased as the market
felt relieved following Iran's communicated retaliation against Israel, which
resulted in minimal damage.
Investors are optimistic that any potential
escalation will be limited. Additionally, Iran has expressed its lack of
interest in further escalation, and there have been communications between the
US and Iran, indicating diplomatic efforts to prevent further tensions.
Dr. Kamaran Qader Yaqub,
Fundamental Analyst and Financial consultant at Investment Spot company.
