Oil prices fell free after the Iran attack on the US Air Base of Al -Undead in Qatar, which is the largest US military base in the Middle East, in retaliation for Washington’s attack on the Islamic Nuclear facilities.

In particular, the US crude West Texas Intermediate (WTI) closed $ 5.33 or $ 7.22% lower, at $ 68.51 a barrel, while Brent oil, which is also a worldwide reference, scored $ 5.73 or $ 7.44%, completing $ 71.28%.

The decline came amid market -estimates that Iran’s missile attack on the US base in Qatar, which had no casualties, could lead to a gradual decline in tension in the Middle East, even after it became known that Tehran had informed it. Specifically, analysts estimate that Iran’s attack was not aimed at escalating tension, but it was a way for Tehran to save the pretexts.

“The market discounts a scenario where the situation gradually escapes,” said Jorge Leon, head of geopolitical analysis at Rystad Energy, speaking to CNBC.

“The worry is that the other extreme scenario, which has the threat of closure of the Ormuz Straits, is still realistic,” Leon said. “Things could evolve very quickly, very quickly,” he added.