Biden: US is discussing Israel striking Iran oil facilities

The President said the the US is discussing Israel striking Iran oil facilities, according to Bloomberg.

There is some important nuance in this statement:

Biden was asked if he would support the US supporting Israel striking Iran’s oil facilities. Biden responded: We are discussing that.

So it sounds to me like they are discussing whether they would support it or not. WTI is up 5% on the comment but I think there is a good chance it gets walked back.

This article was written by Adam Button at www.forexlive.com.