Brent crude oil is back near US$74.50

For a rundown of geopolitical developments on Tuesday:Forexlive European FX news wrap: The US Dollar adds to yesterday's gainsForexlive Americas FX news wrap: Iran hits Israel with missile attackThe significant escalation sent oil prices higher. Brent has traded up near $74.50 during Asia time. Its going on towards 5 am in Israel and Lebanon, and just after in Iran. We should be getting fresh news flow out of the region soon. This article was written by Eamonn Sheridan at www.forexlive.com.

Brent crude oil is back near US$74.50

For a rundown of geopolitical developments on Tuesday:

The significant escalation sent oil prices higher. Brent has traded up near $74.50 during Asia time.

Its going on towards 5 am in Israel and Lebanon, and just after in Iran. We should be getting fresh news flow out of the region soon. This article was written by Eamonn Sheridan at www.forexlive.com.