A Tweet By Israel Defense Force Spokesman Unit On An Israeli Air Force Attack On Syrian Airfields 40 Years Ago Raises Oil Prices

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Israel Air Force
Israeli air force F-15Is conduct an aerial refueling during the air force pilots' graduation ceremony at Hatzerim air base in southern Israel June 27, 2013. Some 30 cadets graduated on Thursday where they were addressed by Israel's Prime Minister Benjamin Netanyahu.

A tweet from the Israel Defense Forces on Thursday caused oil markets to jump by $1 after oil traders thought an attack was carried out on Syria.

Oil traders mistakenly took the IDF spokesman unit’s tweet about an Israeli attack on Syria that happened on this date 40 years ago during the Yom Kippur War for a new announcement. 

This week marks the anniversary of the beginning of the Yom Kippur War, when Egypt and Syria, in a surprise attack, tried to regain land lost in previous wars with Israel.

Each day since Oct. 6, which is the day the war started in 1973, the unit has been tweeting major events during the war and somewhere down the line the message was interpreted as happening Thursday. The tweet referenced an attack by the Israeli Air Force on Syrian airports that were being used to fly in arms from the Syrians' Soviet allies.

The tweet read:

 

 

 

An IDF spokesman tweeted back saying

 

 

"Obviously this was part of our Yom Kippur Twitter series. The facts are there and simple to read. It was apparent within the tweet itself," Peter Lerner, an IDF spokesman, said, according to Reuters.

The tweet went out just before 10:30 a.m. EDT, and in just three hours the price of a barrel of oil jumped up to its highest in a month.

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