US Considers Strikes on Iranian Oil Facilities Amid Rising Middle East Tensions

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US Considers Strikes on Iranian Oil Facilities Amid Rising Middle East Tensions
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President Biden stated the US is discussing strikes on Iran’s oil facilities in response to Tehran’s missile attack on Israel. Meanwhile, Israel continues its military campaign against Hezbollah in Lebanon, fueling global oil price surges and concerns about supply disruptions.

BEIRUT/JERUSALEM - The US is discussing strikes on Iran ’s oil facilities as retaliation for Tehran’s missile attack on Israel , President Joe Biden said on Oct 3, while Israel ’s military pressed ahead with its campaign against Iran -backed armed group Hezbollah in Lebanon.His comments contributed to a surge in global oil prices , and rising Middle East tensions have made traders worry about potential supply disruptions.

The latest warnings took the number of southern towns subject to evacuation calls to 70 and included the provincial capital Nabatieh, suggesting another Israeli military operation was imminent against the Iran-backed armed group. Israel, which has been fighting Hamas in the Palestinian territory of Gaza for almost a year, sent troops into southern Lebanon on Oct 1 after two weeks of intense airstrikes in a worsening conflict that has drawn in Iran andThe Group of Seven nations, which includes the US, Britain and allies, on Oct 3 condemned Iran’s missile attack and reaffirmed a commitment to Israel’s security.

Hezbollah says it has repelled several land operations by Israeli troops, including with ambushes and in direct clashes. Israel’s military on Oct 3 reported the death of one soldier. On Oct 2, it announced its deadliest day in a year of clashes with Hezbollah withThe Lebanese army said two soldiers were killed by Israeli strikes in separate incidents in south Lebanon on Oct 1, one in an attack on a military post and another in a strike on a rescue mission with the Lebanese Red Cross.

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