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The expanding war in the Middle East, however, has reached a new boiling point as Israel has vowed a "painful" response to Iran's attack. The government of Prime Minister Benjamin Netanyahu could take aim at the Islamic Republic's oil infrastructure in retaliation, geopolitical and crude market analysts say. "The next turn in this retaliation spiral may very well involve oil – via the degrading of Iran's oil capacityor Iran's proxies attacking oil and gas shipping from the Persian Gulf," Piper Sandler analysts told clients in a Wednesday research note. If Iran's oil exports of around 1.8 million bpd were taken offline, prices would likely jump by at least $5 per barrel, McNally said. An escalation on this scale could send oil prices higher in increments of $10 per barrel, the analyst said.
Persons: Ali Mohammadi, Benjamin Netanyahu, Helima Croft, Jack Jacobs, Jacobs, Croft, Piper Sandler, Bob McNally, McNally Organizations: Persian Gulf, Bloomberg, Getty, OPEC, RBC Capital Markets, U.S, Army, Rapidan Energy Locations: Bandar Abbas, Iran, Israel, China, Persian
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe should see a 'muted counter-strike' by Israel, says Retired U.S. Army Col. Jack JacobsRetired U.S. Army Col. Jack Jacobs, NBC News & MSNBC Military analyst and Medal of Honor recipient, joins 'Fast Money' to talk the rising tensions in the Middle East and what to expect next.
Persons: Jack Jacobs Organizations: U.S . Army, NBC News, MSNBC Locations: Israel
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRet. U.S. Army Col. Jacobs on drone attacks: 'Extremely difficult' to react properly to the attacksRetired U.S. Army Col. Jack Jacobs joins 'Squawk Box' to discuss the latest on the drone attacks that killed 3 U.S. soldiers in northeast Jordan, what the U.S. response should be, and more.
Persons: Jacobs, Jack Jacobs Organizations: Ret, U.S . Army Locations: Jordan
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRet. U.S. Army Col.: Securing hostages is an extremely difficult task even in the best of timesRetired U.S. Army Col. Jack Jacobs joins 'Squawk Box' to discuss the latest in Israel-Hamas conflict, the role the U.S. military could potentially play, and more.
Persons: Jack Jacobs Organizations: Ret, U.S . Army Locations: Israel
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailU.S. Navy says Iran attempted to seize two oil tankers and fired on oneCol. Jack Jacobs, Retired U.S. Army member and NBC Military Analyst, and Daniel Yergin, S&P Global Vice Chairman, joins 'Last Call' to talk reports by the Navy that Iran attempted to seize two oil tankers.
Persons: Jack Jacobs, Daniel Yergin Organizations: U.S . Navy, Retired U.S . Army, NBC, P Global, Navy Locations: Iran, Retired
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRet. U.S. Army Col.: Here's why the U.S. should be worried about mystery flying objectsJack Jacobs, retired U.S. army colonel and a Medal of Honor recipient, joins CNBC's 'Squawk Box' to discuss the latest mystery object shot down over the United States, whether citizens should be worried about an escalation, and more.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPentagon officials say they're looking into reports of missiles hitting PolandColonel Jack Jacobs, NBC military analyst, joins 'Power Lunch' to discuss reports about Russian missiles hitting Poland, how Nato will respond to this latest use of force, and the scope of Russian military capabilities.
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