Oil Prices Spike as Biden Hints at Possible Israeli Strikes on Iranian Energy Assets President Biden’s comments on potential Israeli strikes against Iranian oil facilities have caused a significant surge in oil prices, raising concerns about global supply disruptions. The market’s reaction reflects heightened tensions in the Middle East and the possibility of escalating conflict between Israel and Iran, which could impact a region responsible for about one-third of global oil supply. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Concerns Arise Over CPI Data Accuracy with Response Rates Lagging READ MORE The Italian Job Revisited: How Much Are Those Gold Bars Worth Today? READ MORE Gold Dips as Fed Signals Only One Rate Cut for 2024 READ MORE Investors Eye Fed Minutes for Gold Price Guidance, as Precious Metal Surpasses $2,000 Mark READ MORE Core PCE Inflation Rises 0.2% in April, Matching Forecasts READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment