🚹 US and Israel Discuss Potential Attack on Iranian Oil Facilities – Markets React! 🚹

President Biden's recent comments about the possibility of the US supporting Israel in attacking Iranian oil facilities sent shockwaves through the markets, sending WTI crude prices soaring 5%. However, the nuance in his statement suggests there is still uncertainty and a possible reversal.

Key Points:

Biden was asked whether the US would support Israel in attacking Iranian oil facilities.

His response: "We're discussing it. I think it would be a little... anyway." This implies that it is under consideration but not yet confirmed.

He clarified: "Nothing is going to happen today." This suggests that any decision is not imminent.

⚠ Market Impact:

WTI crude oil prices rose 5% after initial comments.

Speculation surrounding possible US-Israel coordination on Iran could cause volatility in energy markets.

👀 What to watch for:

Any official clarification from the US government.

The oil market will react strongly to any developments.

💬 What do you think? Will oil prices continue to rise? Share your thoughts, tips or comments below!