Oil prices experienced a downturn following Iran's strike on a U.S. military base in Qatar, an event interpreted by markets as an indication that the Strait of Hormuz will remain open. The market reaction reflects reduced concerns about potential disruptions to oil supply routes. Analysts suggest that the limited nature of the Iranian response, targeting a specific U.S. facility, signals a de-escalation of tensions between Iran and Israel, facilitating a perceived ceasefire. This development has