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OIL: Oil Finds Further Strength as Iranian Rockets Strike Israel

OIL

Significant number of headlines on the Iranian missiles launched at Isreal - aimed at Tel Aviv - following earlier Axios reports from a U.S. official that an attack was imminent. 

  • Videos from on the ground appear to show multiple impacts while other rockets are intercepted by the iron dome.
  • Any scale of the attack or potential targets remain unclear at present but oil is catching a leg higher on the escalations that indicate a greater response than the April attack that was largely symbolic.
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Significant number of headlines on the Iranian missiles launched at Isreal - aimed at Tel Aviv - following earlier Axios reports from a U.S. official that an attack was imminent. 

  • Videos from on the ground appear to show multiple impacts while other rockets are intercepted by the iron dome.
  • Any scale of the attack or potential targets remain unclear at present but oil is catching a leg higher on the escalations that indicate a greater response than the April attack that was largely symbolic.