Iran is reporting that:

• They targeted the Al Udeid US base in Qatar
• “Devastating and powerful” missile attack and operation

According to Al Jazeera:

• No casualties from the Iran missile attack.

• Qatar air defenses intercepted the missile attacks on US military base

US crude oil futures are trading at $71.50. That is off the low of $70.60 but well off the high at $78.40.

Will there be a response or will there be a “No harm. No foul” conclusion. That is, there was no damage. You took your shot. You missed.

Sometimes the response is needed, but it is expected to fail. That is what might have happened.

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