Did the oil prices big dump after Iran attacked the US military base? Analysts: The attack does not hinder crude oil supply, Iran is able to save face.

On June 24, oil prices fell as Iran’s retaliatory strike on the U.S. base in Qatar as investors feared, easing market fears that the conflict would immediately disrupt supplies in the Middle East. U.S. oil plunged 4% after Iran fired missiles at a U.S. base in Qatar, after traders feared that Iran’s retaliatory response would involve closing the Strait of Hormuz, through which about one-fifth of the world’s oil flows. While there were initial fears that Iran would disrupt supplies in retaliation against the United States, that fear has waned. “It seems to me that this was orchestrated, with Iran attacking an empty U.S. base, issuing a large number of warnings in advance, closing airspace, and providing dodge guidelines.” Harry Tchilinguirian, head of research at Onyx Capital Group, said: "Iran responded in face and stayed away from the Strait of Hormuz. ”