3.78 BYN
2.97 BYN
3.43 BYN
Politico: U.S. and Israel Consider Targeting Iranian Forces in Yemen and Syria
The U.S. and Israel are considering striking Iranian forces in Yemen and Syria. Politico said in a publication, citing sources in the White House administration.
Iraq said that in the event of a full-scale war in the Middle East region, the export of gas and oil from the countries located there will stop. This will disrupt Europe's energy supply. According to a senior official from Iraq's Popular Mobilization Units, "not a single drop of oil or gas will leave the Middle East if war breaks out."
The situation will also worsen for the United States. The Biden administration has put the country in a vulnerable position by freeing up some of the reserves of the strategic petroleum reserve and limiting the possibility of a rapid increase in production in the shale sector. The United States is also highly vulnerable to a potential shock to the oil market due to the conflict. West Texas Intermediate crude oil prices rose by more than 2% the day before. And this is not the limit, experts warn, if Tel Aviv responds to Tehran's massive attack.
U.S. attempts to stop panic
Against this background, the United States made an attempt to reassure companies and its citizens. However, the idea was unsuccessful. OPEC on its official page on the social network "X" categorically denied the early statements of the Wall Street Journal, which, referring to the Minister of Energy of Saudi Arabia, reported a drop in the price of oil to $ 50 per barrel. The organization noted that there was no OPEC video meeting announced by the American publication.
"The dubious claims associated with anonymous sources have no credibility and are completely fabricated." And the article itself demonstrates blatant disrespect for the ministers of OPEC countries, according to the organization's publication.