Oil Prices Surge Amid Iranian Threats of Retaliation to Israeli Strikes

• Global oil prices have risen following threats of retaliation from Iran's Revolutionary Guards to Israeli strikes.
• Major General Hossein Salami warned that Iran's response would be 'unimaginable', causing oil prices to climb due to concerns of potential disruption to global supplies.
• The Iranian threats come as Tehran considers its options following Israel's attack on Iranian military installations.
• Iran regime insiders suggest a possible strike before the US presidential election, or a decision to hold off for now.
• The US has warned Iran against retaliation, pledging an 'ironclad' commitment to Israel's defence.

Source: Financial Times