https://www.taxtmi.com/news?id=47383 Oil prices dropped after traders viewed Iran's limited missile attack as a de-escalation signal, reducing risk premia tied to a potential closure of the Strait of Hormuz. Analysts emphasise that Tehran would harm its own oil revenue by closing the strait but note alternative disruption methods - navigational jamming, mines, or tanker attacks - could still raise shipping costs and insurance premiums and sustain price volatility. en-us Tue, 24 Jun 2025 03:46:03 +0530 Tue, 24 Jun 2025 03:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=47383 Oil prices dropped after traders viewed Iran's limited missile attack as a de-escalation signal, reducing risk premia tied to a potential closure of the Strait of Hormuz. Analysts emphasise that Tehran would harm its own oil revenue by closing the strait but note alternative disruption methods - navigational jamming, mines, or tanker attacks - could still raise shipping costs and insurance premiums and sustain price volatility. News - Tue, 24 Jun 2025 03:46:03 +0530 https://www.taxtmi.com/news?id=47383