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 Diminished Fed Rate Cut Hopes to Keep U.S. Treasury Yields Elevated READ MORE Goldman Sachs Urges Investors to Bet on Gold READ MORE Gold Dips as Fed Signals Only One Rate Cut for 2024 READ MORE First Fed Rate Cut Expected by Economists in June READ MORE Steps Toward De-Dollarization in Zimbabwe READ MORE Add a Comment Cancel replyYour email address will not be published.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