Oil Rallies On Report Iran Is Planning Israel Attack Via Proxies
In april, iran launched its first direct attack on israel, with about 300 missiles and drones, in retaliation for an israeli air strike on an iranian embassy compound in syria that. Oil edges up on report iran plans to attack israel via proxies. Maggie eastland, mia gindis and alex longley. Fri, nov 1, 2024, 3:23 pm2 min read. Oil surged for a second day as a report that iran may be planning a new attack on israel put traders back on alert for supply disruptions from the middle east.
Oil prices extended gains on friday, climbing more than $1 a barrel to pare weekly losses, after reports iran was preparing a retaliatory strike on israel from iraq in the coming. President joe biden fueled that speculation on thursday, when he answered a question about israel’s plans to potentially attack iran’s oil facilities by saying, “we’re. Iran warned israel on tuesday against attacking any of its infrastructure, amid fears of a possible israeli assault on oil or nuclear sites in the islamic republic following. The us believes iran is “preparing to imminently launch a ballistic missile attack against israel”, a us official said, threatening “severe consequences” if the attack were carried.