Brief by Shorts91 Newsdesk / 05:48am on 11 Oct 2024,Friday International
Gulf states, including Saudi Arabia and the UAE, have urged the U.S. to prevent Israeli strikes on Iran's oil facilities, fearing retaliation on their own oil infrastructure. Iran has warned that any Gulf assistance to Israel could escalate the conflict, putting regional oil sites at risk. As diplomatic efforts intensify, Gulf nations are refusing to allow Israeli overflights, signaling a preference for de-escalation. With Israel weighing its response, the risk of a global oil crisis looms, especially with the U.S. presidential election nearing, where oil prices could influence the outcome.
