This week, the markets stopped fearing that it would be even worse in the Middle East. Oil prices have gone down and are being held up by talk that now Iran can strike another blow at Israel — from Iraq. With gas, it turned out to be more radical. New talk that the Ukrainian transit of Russian gas will still continue has cut fuel quotes in Europe. The markets continue to be ruled by rumors, news and traders who play it down, then vice versa.
Oil
Israel still struck back at Iran. But since it turned out to be “quiet” and did not touch the oil and gas infrastructure, the market exhaled,…