President Biden has announced discussions about possible Israeli strikes on Iranian oil facilities, causing a five percent increase in oil prices. Biden noted no immediate action from Israel is expected despite recent tensions following Iran's missile attack on Israel. This issue is significant as it could affect the upcoming election where economic concerns are key.
US President
Joe Biden revealed discussions of possible Israeli strikes on Iranian oil facilities, leading to a five percent spike in oil prices ahead of the US presidential election.
Biden spoke at the White House, indicating no immediate action is expected from Israel despite ongoing tensions following Iran's missile attack on Israel.
This move could significantly impact the election race where economic concerns, like the cost of living, are pivotal.
Biden emphasized that the US advises Israel but does not control its actions.
He also noted his lack of support for strikes on Iranian nuclear sites.
Rising tensions between Iran and Israel have persisted, especially since the recent missile exchange following the killing of Hezbollah leader Hassan Nasrallah, which Iran claimed as the reason for its retaliation.