Biden says US ‘discussing’ possible Israeli strike on Iran oil, markets react

Oct 3

Karah Rucker Anchor/Reporter

By Karah Rucker (Anchor/Reporter), Ian Kennedy (Lead Video Editor)

President Joe Biden said the United States is discussing potential Israeli strikes on Iran’s oil facilities. Soon after his comments, oil markets reacted, with crude oil prices spiking 5%, the largest one-day increase since the start of the Israel-Hamas war.

Bias Distribution Powered by Ground News™

Biden made these remarks in response to a reporter’s question outside the White House on Thursday, Oct. 3, asking if he would support Israel striking Iran’s oil facilities.

“We’re in discussions about that,” Biden said. “I think that would be a little… anyway…”

While Biden suggested Iran’s oil facilities could become potential targets, he reiterated on Wednesday, Oct. 2, that he opposes any strikes on Iran’s nuclear sites.

Download the SAN app today to stay up-to-date with Unbiased. Straight Facts™.

Point phone camera here

Iran reacted to the possibility of retaliatory strikes with a warning from its mission at the United Nations on Thursday. The country cautioned that any nation assisting Israel would be deemed “an accomplice” and a “legitimate target,” advising the U.S. and others to stay out of the conflict.

“Should any country render assistance to the aggressor, it shall likewise be deemed an accomplice and a legitimate target,” Iran’s mission said. “We advise countries to refrain from entangling themselves in the conflict between the Israeli regime and Iran and to distance themselves from the fray.”

The swift reaction from oil markets on Thursday indicated that investors are on edge, considering the implications of a broader conflict, particularly the potential disruption to the Straits of Hormuz, one of the world’s most crucial maritime passages for oil and liquefied natural gas.

The situation escalated earlier this week when Iran launched around 180 ballistic missiles at Israel, calling it retaliation for the deaths of Hamas and Hezbollah leaders. In response, Israeli Prime Minister Benjamin Netanyahu vowed that Iran “will pay a heavy price” for its actions.

Tags: airstrikes, Iran, Israel, Joe Biden, Missile Strike, Oil, Oil prices, United States

[KARAH RUCKER]

President Joe Biden SAYS the United States is **discussing potential Israeli strikes on Iran’s oil FACILITIES.

SOON AFTER THE COMMENTS – OIL MARKETS JUMPED – THE PRICE OF CRUDE OIL SPIKING 5 PERCENT –

THE LARGEST ONE DAY INCREASE SINCE THE START OF THE ISRAEL HAMAS WAR.

BIDEN’S COMMENTS COMING IN A BRIEF RESPONSE BY THE PRESIDENT TO A QUESTION BY REPORTERS OUTSIDE THE WHITE HOUSE THURSDAY.

[REPORTER]

Would you support striking Israel supporting Iran’s oil facilities, sir?

[JOE BIDEN]

“We’re in discussions about that. I think that would be a little…anyway…”

[KARAH RUCKER]

WHILE BIDEN SUGGESTS IRAN’S **OIL FACILITIES COULD BECOME A POTENTIAL TARGET –

BIDEN SAID ON WEDNESDAY HE OPPOSES ANY HITS TO IRAN’S **NUCLEAR SITES.

IRAN IS REACTING TO THE POTENTIAL OF A RETALIATORY HIT.

In a warning issued from Iran’s mission at the United Nations ON THURSDAY, the country cautioned – “ANY COUNTRY RENDERING ASSISTANCE TO ISRAEL WILL BE DEEMED “AN ACCOMPLICE” AND A “LEGITIMATE TARGET” –

ADVISING THE U.S. AND OTHERS TO STAY OUT OF IRAN AND ISRAEL’S CONFLICT.

The swift reaction from oil markets on thursday INDICATING INVESTORS ARE ON EDGE –

CONSIDERING THE IMPLICATIONS OF A BROADER CONFLICT.

PARTICULARLY THE DISRUPTION TO “THE STRAITS OF HORMUZ”.

ONE OF THE WORLD’S MOST CRUCIAL MARITIME PASSAGES FOR OIL AND LIQUEFIED NATURAL GAS.

THANKS FOR WATCHING OUR NEWS UPDATE.

FOR THE LATEST DEVELOPMENTS IN THE MIDDLE EAST –

DOWNLOAD THE STRAIGHT ARROW NEWS APP.

FOR S-A-N – I’M KARAH RUCKER.