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Oil prices fall for second day as U.S. expects limited Israel response to Iran attack

From cnbc.com

Crude oil futures fell for a second day Tuesday as the U.S. expects a limited response from Israel to an unprecedented air assault by Iran, reducing fears that the Middle East is on the verge of a broader regional war. The West Texas Intermediate contract for May delivery lost 31 cents, or 0.36%, to $85.10 a barrel. The June Brent futures contract fell 26 cents, or 0.29%, to $89.84 a barrel. Four U.S. officials told NBC News they expect an Israeli response to Iran’s attack to be limited in scope and most likely to involve strikes on Iranian forces and their proxies outside Iran. “Tensions are high, and either party’s ... (full story)

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