Thursday , 3 October 2024
Home Forex Biden: US is discussing Israel striking Iran oil facilities
Forex

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.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Mexican Peso slips on geopolitical risks and US Dollar strength

The Mexican Peso registers losses in early trading against the Greenback on...

US net hiring remains negative, signaling continued labor market softness

Eyes are on the US jobs market as the Fed tries to...

How to Get a Bitcoin Wallet?

In the world of cryptocurrency, owning a Bitcoin wallet is essential if...

Oil price climbs to 6-week high, breaks key resistance levels

The price of crude oil has moved higher today and is breaking...