US President Joe Biden says that the US is evaluating the possibility of an attack on Iran’s oil facilities by Israel. After which the oil prices have increased at the international level.
Speaking to reporters at the White House on Thursday, President Biden said that nothing is going to happen today and we advise Israel not to allow it.
Biden then responded to another question from reporters about possible Israeli strikes on Iranian oil facilities, saying that we are discussing it.
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After US President Biden’s statement about a possible Israeli attack on Iran, the price of crude oil has increased by five percent.
It should be noted that Iran is the seventh largest oil producing country in the world, which exports half of its production abroad. China is also among the major buyers of Iranian oil.