Oil prices tumble as Iran fears ease, yen weakens after Japan polls

Oil prices tumble as Iran fears ease, yen weakens after Japan polls …C0NTINUE READING HERE >>>

Crude prices tumbled as fears over an escalation in the Middle East crisis eased after Israeli strikes avoided Iran’s oil facilities.
Photo: Frederic J. BROWN / AFP/File
Source: AFP

Oil prices tumbled Monday with markets relieved that Israel’s strikes on Iran had avoided the country’s energy infrastructure while the yen fell to a three-month low after Japan’s ruling party suffered an election drubbing.

Israel carried out air strikes on military sites in Iran on Saturday in response to Tehran’s October 1 missile barrage, itself retaliation for the killing of Iran-backed militant…

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