Israel is preparing for a direct and unprecedented attack by Iran on government targets as early as Saturday, according to Bloomberg’s Western intelligence sources, a move that might potentially trigger an all-out regional war, shaking oil markets.
An attack by Iran has emerged as one of the key scenarios being considered by the Israeli state and its allies, with the surrounding atmosphere sending oil prices soaring.
A drone and precision missile strike might come within the next 48 hours, Bloomberg’s sources said, and would be in retaliation for last week’s deadly attack on its diplomatic compound in Syria.
The US is preparing defenses and has moved additional troops into the region, while stepping up diplomatic efforts to limit hostilities, while the attack has yet to be approved by senior officials in Tehran, they added.
Against this backdrop, Brent futures jumped as much as 1.8% to above $91 a barrel in London on Friday (12/04/2024), extending the year-to-date gain to 18%.
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