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Evening Standard
Evening Standard
World
Jitendra Joshi

Joe Biden's hint of Israeli strike on Iranian oil sites sends crude price surging

Joe Biden Israel Iran Sir Keir Starmer United Kingdom Zarah Sultana Hezbollah G7 Lebanon Sarah Jones

Oil prices spiked on Thursday after President Joe Biden appeared to say that the United States could back reprisal strikes by Israel against Iran’s oil facilities.

Backed by the UK Government, Mr Biden has urged Israel against hitting Iranian nuclear sites in retaliation for a volley of ballistic missile strikes by Tehran this week.

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