Here is our Oil outlook from 01-06-2020 to today 01-07-2020.
A U.S. defense official confirmed that an attack was underway against the Ayn al-Asad in western Iraq.
“We are aware of the reports of attacks on US facilities in Iraq,” White House press secretary Stephanie Grisham said in a statement. “The president has been briefed and is monitoring the situation closely and consulting with his national security team.”
The Islamic Revolutionary Guard Corps told Iranian state television that further responses will be on the way to the Soleimani strike last week.
“The IRGC announces to the great Satan the U.S. that any responses will be met with much more pain and destruction,” the IRGC said.
U.S. stock futures fell on the news, with contracts on the Standard & Poor’s 500 index dropping 0.8%.
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