Oil price rises on Biden Iran oil strike comments
Source: BBC
The price of oil has jumped 5% after US President Joe Biden said the US was discussing possible strikes by Israel on Iran’s oil industry.Asked on a visit if he would support Israel striking Iran’s oil facilities, Biden said: “We’re discussing that."Iran is the seventh largest oil producer in the world, exporting around half its production abroad, mainly to China.Since Iran’s missile attack on Israel on Monday,…
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