Tag: oil
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U.S. crude prices fall more than 4% as Israel is not expected to strike Iran’s oil industry
U.S. crude futures fell more than 4% on Tuesday, after Israel reportedly told the U.S. that it is not planning to strike Iran’s oil facilities, relieving fears that a major supply disruption in the Middle East is on the horizon. Israel plans to limit its retaliatory strikes in Iran to military targets and does not…
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From missile batteries to oil refineries to nuclear labs, Israel could hit a wide range of targets in Iran
Israel has vowed a hard-hitting response against Iran after Tehran launched a barrage of nearly 200 ballistic missiles at Israel on Tuesday. With its vastly superior air force and Iran’s relatively weak air defenses, Israel could hit a wide range of targets in Iran if it wanted to, including military and intelligence sites, senior commanders,…