Tuesday, October 1, 2024 - 11:02 pm
HomeBreaking NewsOil rises more than 4% on possible Iranian missile attack on Israel

Oil rises more than 4% on possible Iranian missile attack on Israel

Oil prices rise sharply the possibility that Iran will imminently attack Israel with ballistic missiles. The escalation of the conflict in the Middle East led crude oil to appreciate by more than 4% during this Tuesday’s session.

The price of Brent oil, The benchmark variant in Europe added 4.17%, to $74.71 per barrel. At the same time, the American middleman from West Texas It rose 4.44% to $71.19.

A senior government official The Americans warned on Tuesday that Iran was preparing an imminent attack with ballistic missiles against Israel. “We have indications that Iran is preparing an imminent launch of ballistic missiles against Israel,” he said.

“The United States actively supports defense preparations to defend Israel against this attack,” he said. Efe a source. Likewise, the White House official warned Iran risks “serious consequences if it decides to attack with a direct military attack.”

An attack with ballistic missiles would complicate interception by Israeli air defense, since the projectiles follow a ballistic trajectory after reaching great heights, sometimes reaching the outermost layers of the atmosphere.

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