President Joe Biden discussed possible Israeli strikes on Iranian oil facilities, causing oil prices to spike just before the US presidential election. Biden did not expect immediate retaliation from Israel after Iran launched missiles at Israel. Oil prices rose five percent after Biden’s comments, which could impact the election where cost of living is a major issue. Biden stated he would not support Israel attacking Iranian nuclear sites. The missile attack by Iran on Israel was in retaliation for the killing of Hezbollah leader Hassan Nasrallah. Israel’s Prime Minister Benjamin Netanyahu has targeted Hezbollah in Lebanon, ignoring calls for restraint. Biden clarified that the US advises Israel, but does not allow them to retaliate against Iran.