Biden's options for retaliating against Iran risk antagonizing China The Washington PostUS said set to approve new sanctions on ‘malign, destabilizing' Iran after Israel attack The Times of IsraelBiden unlikely to cut Iran's oil lifeline after Israel attack ReutersHouse passes series of bills aimed at squeezing Tehran financially The HillBiden's twin adversaries: Iran and gas prices Yahoo Finance
A brief overnight bump in crude-oil prices reversed early Tuesday as traders bet that the White House's opposition to an Israeli counterattack against Iran would help to de-escalate a standoff that has rattled global markets, sources said.
Crude-oil prices settle lower on Monday after an Iranian attack on Israel caused little damage, helping to diminish expectations about a broader conflict involving the two bitter rivals.
