đš US and Israel Discuss Potential Attack on Iranian Oil Facilities â Markets React! đš
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.
â ïž 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.
đ What to watch for:
Any official clarification from the US government.
The oil market will react strongly to any developments.
đŹ What do you think? Will oil prices continue to rise? Share your thoughts, tips or comments below!