Oil Markets on Edge After American Bombing of Iran
Fighting has the potential to disrupt oil markets, but a move by Iran to cut off supply would chiefly hurt China, the biggest buyer of Iranian oil.
Fighting has the potential to disrupt oil markets, but a move by Iran to cut off supply would chiefly hurt China, the biggest buyer of Iranian oil.
Iran’s foreign minister warned that the U.S. decision to join Israel’s war against Iran would have “everlasting consequences.”
The planes can carry bombs capable of striking an underground nuclear facility in Iran if President Trump decides to join the conflict.
China, which depends on Iran for oil and to counter American influence, has a lot to lose from a wider war. But there’s not much it can do about it.
President Trump said he would decide within two weeks whether the United States would intervene militarily in the war against Iran, according to the White House press secretary.
President Trump did not rule out U.S. military intervention on behalf of Israel, saying, “Nobody knows what I’m going to do.”
They rose more than 4 percent as traders wondered if the United States would take a more active role in the conflict between Israel and Iran.
President Trump’s contradictory comments left Israelis and Iranians trying to understand whether and how the U.S. would intervene.
The conflict, the most intense fighting between the two countries in decades, has been met in the United States with feelings of “frustration and helplessness,” as well as heartbreak.
The general, Bassam Hassan, is said to have shared grim news about the fate of Austin Tice, an American journalist and former Marine who went missing in 2012.