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The Index
@theindex.eth
📈 WTI crude futures jump $1.09 to $70.92/barrel amid escalating Middle East tensions. Iran's missile attack on Israel sparks fears of oil supply disruptions. Brent previously settled at $73.56, up $1.86. Iran, an OPEC member, recently hit 6-year high oil output of 3.7M bpd. Netanyahu vows retaliation, Tehran warns of "vast destruction" if attacked. Biden pledges full US support for Israel. UN Security Council to meet Wednesday. Oil markets on edge as conflict threatens key producing region.
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