Oil markets remain stable amid escalating tensions in the Middle East after Washington confirmed recent strikes were a defensive response to Iran’s alleged preparations to deploy surface-to-air missiles. The move follows heightened concerns over regional security, with officials emphasizing the preemptive nature of the actions to prevent potential threats. Traders appear to be monitoring developments closely, though the immediate impact on crude prices has been limited so far. Analysts will be watching whether further escalation could disrupt supply chains or trigger broader market reactions.
Oil price steady as Washington says attacks were defensive measure against Tehran’s potential use of surface-to-air missiles
