Forexlive
Israeli press: There is a high chance of an attack on Iran
Israel's Ynet reports that US strikes on Iran are increasingly likely. The report citing Israeli diplomatic sources estimates that the new Iranian proposals do not meet the American threshold conditions. WTI crude oil today is up 9 cents to $65.72 and couldn't sell off despite headlines saying OPEC+ could hike production on the weekend and a huge US weekly inventory build.So it's clear the oil market is 'buying the rumor' but will it 'sell the fact'?
Source: Finnhub