Oil Surges After Israel Closes Airspace Near Syria Border Ahead Of “Significant” Netanyahu Speech On Iran

Moments ago, Israel’s Channel10 reported that Netanyahu is set to make “significant” televised announcement on Iran on Monday evening at 8pm local time (5pm GMT) in what his office said would be a “significant development regarding the nuclear agreement with Iran“. As Channel 10 adds, Netanyahu previously relayed the Iran info to Trump on Saturday and Pompeo on Sunday, during his visit to Israel.

The speech will come after Israel’s security cabinet convened for an impromptu, unscheduled meeting in the wake of the strike on Syria overnight, which as we noted earlier reportedly killed 11 Iranians.

Meanwhile, hinting that Israel may be about to launch another, far more powerful strike on Syria, Ynet reports that Israel has closed its airspace near the Golan Heights and the Israel-Syria border, most likely in anticipation of one or more bombing/missile attacks on Syrian territory.

Having slumped earlier following the disappointing German inflation data, WTI has regained all losses on the news that Israel may be about to attack Syria, even following Putin’s direct warning to Netanyahu not to continue airstrikes on Syria.

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