Crude oil futures settled at $69.83 ...Middle East

Crude oil futures are settling at $69.83. That's up $1.66 or 2.44%. The high price extended to $71.91. The low price that $66.36.Iran launched missiles at Israel, raising fears of a wider Middle East conflict. Israel intercepted most of the missiles, easing immediate concerns. Meanwhile, Israel intensified airstrikes on Hezbollah, killing its leader, and sent ground forces into southern Lebanon. Oil market reaction depends on further developments. Libya is preparing to restart oil production after recent disruptions. What will be Israel's response and will it escalate a further Iranian responseAlso of concern will be the threat of terrorist acts may also intensify.Technically, the price of c

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Crude oil futures settled at $69.83 ...Middle East

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