Oil prices rallied after Iran’s missile strike on Israel. Attention is now fully on how Israel will respond to this latest attack. The more Iran gets directly involved in this conflict the greater the risk of oil supply disruptions. Oil prices rallied on October 1 and this strength has continued in early morning trading today following Iran’s missile attack on Israel overnight. ICE Brent settled almost 2.5% higher yesterday. The attack appears to have been largely ineffective with Israel’s iron dome intercepting the majority of missiles. While Iran has said it has concluded its actions, the ma…