The oil market is now down $3 on the day and off more than $8 from the session high shortly after the weekly open.The market has quickly concluded a few things:The attack was choreographed, with a multitude of signs indicating where it would be aimedThe attack was limited and Qatar confirms no injuries, which indicates they were interceptedIran's Supreme National Security Council said the number of missiles used matched the U.S. bombs dropped on Iran’s nuclear sites, which sounds like a token moveTrump is more concerned about oil prices than attacking Iran furtherNow all this leaves aside Israel and Iran lobbing missiles at each other but neither is capable of a ground war and energy has scarcely been targeted. I can easily see crude dropping right back to $64 and oil companies are likely hedging aggressively today. This article was written by Adam Button at www.forexlive.com.