CosmicTaco

Oil Prices Surge Amid Iranian Threats of Retaliation to Israeli Strikes

CosmicTaco · 2024-11-04T08:33:19.146086+05:30

- Global oil prices have risen following threats of retaliation from Iran's Revolutionary Guards to Israeli strikes. - Major General Hossein Salami warned that Iran's response would be 'unimaginable', causing oil prices to climb due to concerns of potential disruption to global supplies. - The Iranian threats come as Tehran considers its options following Israel's attack on Iranian military installations. - Iran regime insiders suggest a possible strike before the US presidential election, or a decision to hold off for now. - The US has warned Iran against retaliation, pledging an 'ironclad' commitment to Israel's defence. Source: [Financial Times](https://www.ft.com/content/3edd0ee7-41c9-4d04-854f-7441cdcd7b57)

Global oil prices have risen following threats of retaliation from Iran's Revolutionary Guards to Israeli strikes.
Major General Hossein Salami warned that Iran's response would be 'unimaginable', causing oil prices to climb due to concerns of potential disruption to global supplies.
The Iranian threats come as Tehran considers its options following Israel's attack on Iranian military installations.
Iran regime insiders suggest a possible strike before the US presidential election, or a decision to hold off for now.
The US has warned Iran against retaliation, pledging an 'ironclad' commitment to Israel's defence.

Source: Financial Times