INSUBCONTINENT EXCLUSIVE:

East.Despite the potential for escalations, particularly from Israel, the week passed without any new significant developments that might

worsen the situation.On the New York Mercantile Exchange, June delivery West Texas Intermediate (WTI) decreased slightly by 0.06% to close

at $82.10/barrel.In a similar trend, Brent crude for June delivery fell by 0.21%, or $0.18, settling at $87.11 per barrel on the

fluctuations in the aftermath.Subtle Shifts in Oil Prices Amid Stabilizing Middle East Situations

(Photo Internet reproduction)Despite these provocations, Israel has yet to respond, although retaliation remains a distinct

possibility.Prime Minister Benjamin Netanyahu has publicly committed to taking all necessary measures to defend Israel, as reported by

Oxford Economics.The financial markets have remained relatively calm in the face of these events, suggesting a low expectation of a broader

conflict.Oil surged to $88 but declined due to factors like U.S

delayed response so far.Should Israel decide on substantial military retaliation, it could intensify the regional tensions, notes Oxford

Economics.Furthermore, Julius Baer, in its baseline scenario, does not foresee a major escalation in Middle East conflicts.Anticipated

glimpse of potential stabilization in oil markets despite the current geopolitical frictions.