(Bloomberg) -- Oil shrugged off Iran’s unprecedented attack on Israel, with prices easing on speculation that the conflict would remain contained.Most Read from BloombergIsrael Versus Iran — What All-Out War Could Look LikeTexas Warns of Possible Power Emergency Next WeekIran’s Missile Barrage Was an Error Israel Can Gain FromIsrael Grapples With New Phase in Its Multi-Front War With IranA $150 Billion Fortune Bolsters Qatari Royals at Critical MomentGlobal benchmark Brent crude initially rose j
Oil prices fell at Asia's open on Monday, as market participants dialled back risk premiums following Iran's attack on Israel late on Saturday which the Israeli government said caused limited damage. Brent futures for June delivery fell 24 cents to $90.21 a barrel while West Texas Intermediate (WTI) futures for May delivery were down 38 cents at $85.28 a barrel by 1256 GMT. The attack involving more than 300 missiles and drones was the first on Israel from another country in more than three decades.
