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The price of oil has jumped 5% after US President Joe Biden said the US was discussing possible strikes by Israel on Iran’s oil industry.
Asked on a visit if he would support Israel striking Iran’s oil facilities, Biden said: “We’re discussing that”, according to Bloomberg.
With that i also read, that the gulf states are concerned, that Iran might target their Oil production and close off the street of Hormus if the US attacks Iran.
https://www.middleeasteye.net/news/lebanese-army-fires-israel-hezbollah-strikes-invading
I think this would be a gigantic strategic mistake to provoke by the US administration. If the oil price hikes and the US gets dragged into a great war in West Asia it will throttle the American economy and probably kill all prospects of the Dems winning in November. Meanwhile Putin will roll in money, stabilizing his economy on the one hand, and making use of the shifted US focus and arms prioritization, effectively sacrificing Ukraine to him.