Oil price rises on Biden Iran oil strike comments

www.bbc.com

Oil price rises on Biden Iran oil strike comments

www.bbc.com

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World News@lemmy.worldEnglish · 1 month ago

Any extended rise raises the possibility of higher petrol prices and gas and electricity bills.

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”, according to Bloomberg.

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