Oil price holding bids at $86 on the Israel, Hamas war. With threats from iran backed groups in Syria and Yemeni, to attack U.S. assets in the region on any ISrael support. Dovish rhetoric from the Federal Reserve will assist in the oil price towards its $90 price resistance.

October 10, 2023

Oil price holding bids at $86 on the Israel, Hamas war. With threats from iran backed groups in Syria and Yemeni, to attack U.S. assets in the region on any ISrael support. Dovish rhetoric from the Federal Reserve will assist in the oil price towards its $90 price resistance.

"Powerful Iraqi and Yemeni armed groups aligned with Iran have threatened to target U.S. interests with missiles and drones if Washington intervenes to support Israel" - Reuters

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