Gulf states are lobbying Washington to stop Israel attacking Iran’s oilfields

It’s not clear how much sway Washington even has with Israel at the moment. But it’s also clear that virtually no one outside of Israel (and maybe Texas) wants them to attack Iran’s oil infrastructure.

Iran has promised to attack oil all over the region if it’s oil industry is attacked.

Time will tell but crude is ticking higher again today, with WTI $1.40 to $74.65.

This article was written by Adam Button at www.forexlive.com.