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Oil price plunges after Iranian missile strike
Oil prices plunged to the lowest level in a week on Monday night as Iran launched a missile strike on a US military base in Qatar. Brent crude fell by as much as 7.6pc to $71.15 a barrel in response to the retaliatory attacks, which were less severe than traders had expected.
Oil settles down 7% after Iran attacks US military base in Qatar, not tankers
Oil prices settled down more than 7% on Monday, losing more than $5 a barrel after Iran took no action to disrupt oil and gas tanker traffic through the Strait of Hormuz, but instead attacked a U.S. military base in Qatar in retaliation for U.
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