WTI oil price rises more than 3%, crosses $70, fear of Middle East boil over

WTI oil prices rise 3% above $70 amid concerns about tensions in the Middle East This could affect the amount of oil on the market.

At 9:44 pm Thai time, the price of West Texas crude oil (WTI) for delivery in November. Added $2.17 or 3.18% to $70.34/barrel.

Rear Admiral Daniel Hagari, a spokesman for the Israel Defense Forces (IDF), said that information shared by the United States indicated that Iran is preparing to launch a missile attack on Israel. ‘ soon.

Rear Admiral Hagari said. Israel is preparing at the highest level to deal with this attack. He is supported by the US military stationed in the area.

The CNN news agency, citing the White House, said that the United States believes that Iran is preparing to launch a direct ballistic missile strike against Israel in the near future.

“The United States has indications that Iran is preparing to launch a long-range ballistic missile attack on Israel soon. And we are preparing to support Israel’s defense system in response to this attack.”

“The United States is willing to do whatever it can to help Israel stop Iranian missiles. Just like we did in April. At that time Iran fired many missiles and drones towards Israel. And most of them were caught,” a White House official said, warning that Iran would suffer dire consequences. If there is a direct attack on Israel

By Kongkiat Kawirakiti