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 Gold's Bright Future: Predicted Surge Past $2,500 in 2024 READ MORE Yen's Volatility Complicates BOJ's Rate Hike Plans, Minutes Show READ MORE Gold Prices Dip as U.S. Rate Cut Hopes Diminish Amid Inflation Concerns READ MORE U.S. Job Growth Disappoints in April, Unemployment Ticks Up to 3.9% READ MORE Core Inflation Cools for Fourth Month, Bolstering Case for Fed Rate Cut READ MORE Add a Comment Cancel replyYour email address will not be published.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