FACTBOX: Oil markets braced as Biden warns Iran over escalation threat

US President Joe Biden over the weekend warned Iran from escalating the conflict between Israel and Hamas into a regional war as he beefed up the US military presence in the region, in a move that sets energy markets on alert. In an interview with CBS, Biden said “don’t, don’t, don’t” when asked about the potential for the regime in… US President Joe Biden over the weekend warned Iran from escalating the conflict between Israel and Hamas into a regional war as he beefed up the US military presence in the region, in a move that sets energy markets on alert. In an interview with CBS, Biden said “don’t, don’t, don’t” when asked about the potential for the regime in… Read More