
Oil prices retreat despite ongoing Israel-Iran conflict
(Investing) – Oil prices fell Monday, handing back earlier gains as the ongoing conflict between Israel and Iran has so far left oil production and export facilities unaffected, diluting concerns of supply disruptions in the Middle East. At 08:30 ET (12:30 GMT), Brent oil futures for August fell 1.3% to $73.32 a barrel, and West Texas Intermediate crude futures dropped 1.2% to $70.46 a barrel. Both