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Iran:They targeted the Al Udeid Base with a devastating and powerful missile attack | Forexlive

Iran is reporting that:

  • They targeted the Al Udeid US base in Qatar
  • “Devastating and powerful” missile attack and operation

According to Al Jazeera:

  • No casualties from the Iran missile attack.
  • Qatar air defenses intercepted the missile attacks on US military base

US crude oil futures are trading at $71.50. That is off the low of $70.60 but well off the high at $78.40.

Will there be a response or will there be a “No harm. No foul” conclusion. That is, there was no damage. You took your shot. You missed.

Sometimes the response is needed, but it is expected to fail. That is what might have happened.

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