Iran says interests of US and its allies will be targeted if US strikes Iran's nuclear sites
Iran's top joint military command said that Tehran will expand its strikes and target the US and its allies' interests across the region if the US attacks Iran's nuclear sites, Xinhua news agency reported on Tuesday.
Iranian State TV reported that if the US attacks Iran's nuclear sites, it will be an expansion of war in the region.
The statement came after US President Donald Trump said that the US will be hitting the Pickaxe Mountain area “pretty soon.” Trump on Tuesday vowed to respond if Houthi militants in Yemen disrupted that waterway but didn’t specify how.
On Tuesday, a handful of oil tankers appeared to pause their journeys as they approached Yemeni waters heading into the Red Sea. The Iran-backed group sent an email to shipowners warning against calling at Saudi Arabia’s ports.
Market reaction
At the time of writing, the West Texas Intermediate (WTI) is up 2.50% on the day at $84.35.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
After the closure of the key bypass pipeline, Saudi Arabia is reportedly seeking to increase crude oil exports via the Strait of Hormuz
After last week's attack in Saudi Arabia, the east-west oil pipeline—with a previous maximum daily crude oil transport capacity of 5 million barrels—was shut down. The U.S. Energy Secretary stated he expects the pipeline to resume operations soon, but regional officials said recovery may take several weeks. Saudi Arabia’s crude oil exports dropped to 3 million barrels per day in August, the lowest in at least nine years, but increased in September. Iran claimed it postponed a meeting regarding Hormuz shipping, originally scheduled for this Monday, at Saudi Arabia’s request. Trump stated that Iran is eager and urgently needs to reach a deal; he will decide if the U.S. will participate, and that the U.S. remains open to the discussion.
Sidney Brewer urges XRP holders to leverage tokens, avoid large sales
The S&P 500 at 7400 or 8000? Why the Future of Stocks Is So Murky. -- Barrons.com
MemeToro Price Prediction: Can $MT Crypto Hit $1 After CEX Listings? 1,373 Code Lines Added to Fair-Launch Development
