Since the salvo of missiles fired by Iran on Tuesday evening at Israel, the Hebrew state is considering a response that could affect the country’s energy infrastructure.
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Doubt remains about the next step in the conflict that is igniting the Middle East. Asked about possible Israeli strikes against Iranian oil infrastructure, American President Joe Biden spoke on Thursday, October 3, of “discussions” underway with Israel, an ally of the United States.
“I think it would be a bit… Anyway”, he added, cautious to the point of not finishing his sentence, regarding the possible response to the missile attack launched by Iran on Tuesday against Israeli territory.
“What are the plans to allow Israel to retaliate against Iran?” asked the press of Joe Biden, then about to leave the White House for a trip to the South of the United States. “First, we don’t authorize Israel to do anything, we advise Israel,” he corrected. “And nothing will happen today”, concluded the American president.
Following this short statement, oil prices jumped in the afternoon. Around 5:10 p.m. (French time), the price of a barrel of Brent from the North Sea, for delivery in December, rose 3.83% to $76.72, while its American equivalent, a barrel of West Texas Intermediate (WTI) , for delivery in November, gained 4.28%, to $73.10. The two oil benchmarks had soared by more than 5% earlier in the session.