Oil prices plunge after Israel's limited retaliatory attack on Iran

Oil prices slid by more than 6% on Monday after Israel opted against attacking Iran's oil and nuclear facilities in a retaliatory strike it carried out over the weekend.

Brent crude, the global benchmark, and West Texas Intermediate (WTI) futures both slid by more than 6% after markets opened Monday, with Brent down 6.3% to $71.25 a barrel and WTI down 6.7% to $67 – both the lowest prices of October.

Those losses wipe out the gains of more than 4% that the oil benchmarks saw last week...