Vienna – US oil prices rose by about 5 percent yesterday, Thursday, recording gains for the third session in a row.
This comes after US President Joe Biden said that there were discussions with Israeli officials regarding the possibility of Tel Aviv striking Iran’s oil facilities after the retaliatory missile attack launched by Tehran on Israel on Tuesday.
When Biden was asked, during a press conference yesterday, Thursday, whether he would support Israel launching a strike on Iranian oil facilities after the attack on Israel, he said: “We are in discussions about this matter.”
As a result, the US oil standard index rose by 5.5 percent to the level of $73.99 per barrel, according to the American news network CNBC.
The network quoted Daniel Ghaly, chief commodity analyst at TD Securities, as saying that Biden’s statements were the main catalyst for the rise in US oil prices.
He said: “Geopolitical risks in the Middle East may currently be at their highest levels since the Second Gulf War (1990-1991).”
While Biden recently affirmed “the United States’ firm commitment to Israel’s security” and expressed his support for its response to the Iranian attack, he said in his statements Thursday that he “does not support an Israeli attack on Iranian nuclear sites.”
Completely ignoring the Israeli massacres in Gaza and Lebanon, Biden refused to disclose the sanctions that his country was considering with other Western powers against Iran, telling a journalist: “I will tell them before I tell you.”
In response to Israel’s assassination of Ismail Haniyeh and Hassan Nasrallah and its “massacres in Gaza and Lebanon,” Iran fired dozens of missiles at Israel on Tuesday evening. This caused human casualties, material damage, and the closure of airspace.
In light of absolute American support, Israel assassinated Nasrallah and others, in an air strike on the southern suburbs of Beirut on September 27, while Haniyeh was assassinated in a bombing of his residence during a visit to Tehran at the end of last July, and Iran accused Tel Aviv of assassinating him.
Iran said its retaliatory attack on Israel was based on Article 51 of the UN Charter, which “provides the right of member states to use force in self-defense in the event of an armed attack against them.”
Israel’s military and political leaders pledged a major military response to the Iranian missile attack, without specifying a date for the response, while some of them called for attacking the nuclear and oil facilities in Iran.
Meanwhile, Iran threatened Israel that it would respond by striking its “infrastructure on a large and comprehensive scale” if it responded to its retaliatory attack.
Anatolia
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2024-10-06 22:37:34