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 SOFR Options Hint at Cautious Fed Rate Increases in 2024 READ MORE Regional Banks Continue to Tumble READ MORE Gold Shatters $2,600 Barrier as Fed Signals Rate Cut Cycle READ MORE Gold Gains 0.7% with Market Eyes on Key U.S. Inflation Report READ MORE Yen Volatility Threatens Profitability of Emerging-Market Carry Trades READ MORE Add a Comment Cancel replyYour email address will not be published.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