The oil was burned, and the merchants are betting on Iran’s attack in Qatar. It will lead to the abolition of the escalation

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Oil prices fell on Monday afternoon in a sharp shift, as the traders interpreted the Iranian missile strikes against an American air base in Qatar as a sign that they would likely avoid attacking the energy infrastructure in the region.

Brent crude, the international standard, decreased by nearly 6 percent to $ 71.11 a barrel in the wake of the attacks, which targeted the Al -Wadid Air base near Doha, where 10,000 American soldiers are stationed. Qatar said it had successfully repelled the attacks.

Raw Trading was up to $ 81.40 a barrel earlier on Monday amid fears that Iran would target oil infrastructure or try to close the Strait of the hormone in response to an American attack on Iranian nuclear facilities on the weekend.

West Texas International, the American standard, has declined by a similar amount to less than 70 dollars, which has achieved great gains since then Israel launched its sudden attack Against Iranian nuclear facilities and air defenses 10 days ago.

“Iran’s decision to take revenge through a well -walled missile attack on US bases means it is less likely to oil weapon,” said Michael Alvaro, chief investment official in Gallo Partners, a hedge and industries.

He said that prices should remain high in general due to the increase in tensions, but the basics still indicate that the oil market has been well provided.

Rorre Johnston, researcher in the oil market in The context of goods“It is very similar to that the market explains this last step as an escalation of its nature.”

He said that Iran’s move on Monday is similar to the situation during Donald Trump’s first term as president In 2020When Tehran took revenge on the killing of the United States of the Supreme Military Officer by firing missiles in Iraqi bases hosting American forces. In this case, Tehran called the attack on Trump through the back channels in advance.

Despite the suggestions of some Iranian militants that Tehran must respond to American strikes by preventing traffic through the Strait of Hormuz, the channel is still about a quarter of the mainly transported oil trade in the world, and raw supplies from the Middle East are still not affected by the escalating conflict.

But the high prices have been paid in Washington. On Monday, Trump urged American oil companies to pump more oil, warning that allowing prices to rise will benefit Iran.

“Everyone, keep oil prices. I’m watching! You are playing in the hands of the enemy. Don’t do it!” He wrote on the social truth platform.

He later wrote: “To the Ministry of Energy: Drilling, Baby, Drilling !!! I mean now !!!”

While a small percentage of American oil is produced on federal lands, the vast majority of the private sector is operated, which means that the government has little control over production volumes.

“The difficult fact is that any president exceeds only options to influence the price of crude oil,” said Bob McKinani, Rabidan Energy President and Energy Consultant to former President George W. Bush.

“The best policy to avoid increasing prices is, and (Foreign Minister Marco) praises Iran, from Iran from the withdrawal of oil trigger: to attack or disrupt energy production flows in the Gulf. This is the best option to avoid increasing prices.”

Trump’s ancestor Joe Biden took advantage of the American Strategic Petroleum Reserve-a wide emergency stock of raw-to help reduce prices after Russia’s extensive invasion of Ukraine in 2022, but the effects took time to give up time.