Saudi Arabia is also afraid! Gulf countries urge the usa: Don't let Israel attack Iranian oil facilities!
Iran has reportedly issued a stern warning to Gulf countries: Be careful with your own oil facilities if you help Israel!
Middle East Tensions Support Crude Prices -- Market Talk
Last week, crude oil products call surged with bets hitting the largest increase since 2018 after Iran attacked Israel.
October 10th, Gelonghui | Last week, as Iran launched missile attacks on Israel, oil prices soared, and investment funds made the biggest bullish bet on Brent crude oil prices since 2018.
Upcoming Inflation Report Stifles US Equity Futures Pre-Bell
In just a few days, there have been drastic changes. Who is really driving the fluctuations in oil prices?
Everyone is speculating about the timing of the next market turnaround. In fact, these instigators are not so concerned about the future of OPEC or the Middle East.
Oil Gains as Traders Monitor Middle East While Stockpiles Climb