Oil stabilizes to an increase amid the fear of Washington's involvement in the war against Iran

Oil prices stabilized on Wednesday, after jumping to its highest level in about five months, amid speculation that the United States could join the Israeli attack on Iran, causing the fear of possible unrest in the midst of the midst. Brent rough traded more than $ 76 a barrel after closing 4.4% in the previous session, while the interim rough of West Texas near $ 75 a barrel was established. On Tuesday, US President Donald Trump met with his national security team after asking Iran an ‘unconditional surrender’, and threatened in a position on social media with a possible strike against Iranian guide Ali Khamenei. So far, the Iranian infrastructure intended to export oil is not exposed to any damage, and the effects are focused on the sector for sea fear. The Middle East produces about a third of global oil supplies, and any greater escalation that can push prices to higher levels. ‘The Strait of Hormuz’ in the heart of the fear that the biggest concern in the oil market on the ‘street of hormuz’ has been concentrated, although there are so far no indications that Iran wants to disrupt the movement of shipping through this course. About one fifth of the global daily production is underway through the sea street at the entrance to the Arab Gulf. “Trump’s invitation to surrender unconditionally to Iran and his threats against the guide indicate that diplomacy has become outside the equation. Any disruption of Iran’s exports, or in the worst scenarios, is a siege of the street of hormuz, which could rise the prices to rise sharply.” These developments have made the global markets disappear, which investors have asked to seek safe ports such as gold, at a time when oil prices jumped to their highest level in three years. The market has witnessed an increase in the transfers by raw producers, and an increase in futures and options trading volumes. Israel insists for America’s introduction to the struggle. Israel launched sudden attacks on Iranian nuclear sites late last week. But American weapons are seen as decisive to complete the destruction of the Iranian nuclear program, which cannot do the weapons in the possession of Tel Aviv. Prime Minister Benjamin Netanyahu has tried to push the United States, who provide defensive support against Iranian missiles, to get involved in the conflict deeper. He said in an interview with ABC News on Monday that the two countries “share a joint enemy in Iran”, and that it is in America to support Israel. According to a report by The New York Times, who cited US officials notified of intelligence reports, Iran prepared missiles and other military equipment to carry out possible strikes against US bases in the Middle East if the United States warned with Israel. Meanwhile, US sector data showed that crude shares in the United States fell by more than 10 million barrels last week. If the official data confirmed this number later Wednesday, it will be the biggest stock in shares since last year.