Prices of oil, American stocks are on the Israel crisis, Iran Oil and gas news

Crude oil prices jump more than 4 percent amid fears that the United States will join Israel’s attack against Iran.

Oil prices have risen amid fears that the Israel crisis, Iran, could turn into a wider conflict that includes the United States.

Brent crude North and West Texas Intermediate – the most popular oil standards – rose 4.4 percent and 4.3, respectively, on Tuesday, when US President Donald Trump called “unconditional surrender” from Tehran.

The standards amounted to $ 76.45 a barrel and $ 74.84 a barrel, respectively, after the jump.

Oil prices increased in early trading on Wednesday, as each of the standards increased by 0.5 percent from 03:30 GMT.

American stocks have decreased over the increasing geopolitical tensions overnight, with a decrease in the S& P500 standard and the nasdaq compound by 0.84 percent and 0.91 percent, respectively.

Israel has bombed several oil and gas facilities in Iran since Friday, including South Pars Gogld, the jam gas station, the Sharan oil depot, and the month of Rai.

While there is a major turmoil in global energy flows so far, the possibility of escalation – including direct participation in the United States in the military attack of Israel – has placed markets on the edge of the abyss.

On Tuesday, Trump formed his speech against Iran, adding that his administration could order a military strike against the uranium enrichment facility in Iran in Ford.

In the threat of Mahjoub against the Iranian Supreme Leader, Ayatollah Ali Khounai, Trump said in fact that the United States knew his position but was not killed, “at least now.”

Iran has the third largest reserves in the world of crude oil and the second largest gas reserves, although its arrival as an energy source has been severely reduced by the US -led sanctions.

The country produced about 3.99 million barrels of crude oil per day in 2023, or 4 percent of the global offer, according to the US Energy Information Management.

Iran is also located on the Strait of Hermoz, which acts as a channel from 20 to 30 percent of global oil shipments.

Almost all Iranian oil exports are leaving via an island export station outside, which has so far spared the Israeli bombing.

“In the context of seeking to destabilize Iran, Israel may choose its oil exports, believing that working to finish an anti -regime deserves the risk of alienating allies concerned with the escalation of potential prices,” wrote Clayton Segel, an older colleague at the Center for Strategic and International Studies in Washington. He wrote in an analysis on Monday.

“The Israeli strategists are likely to realize that the ability to export Iranian oil is completely vulnerable to obstruction.”