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US and Israel reportedly devised plans for a new round of strikes against Iran after the midterm elections, causing oil prices to surge on Thursday.
According to CCTV News, citing U.S. officials, the U.S. and Israeli militaries have developed specific plans for another military strike against Iran after the U.S. midterm elections, with potential targets including Iran's energy and nuclear facilities. Meanwhile, the U.S. State Department has ordered non-emergency government employees and their families to evacuate Saudi Arabia. Boosted by the news, Brent crude futures rose 1.71% to $110.67 per barrel on Thursday, while U.S. WTI crude rose 1.42% to $98.53 per barrel.
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