Crude oil futures rallied on Wednesday, jumping more than $1 a barrel on geopolitical concerns after Iran confirmed the missile test and bulls found support in reports on production cuts.
Flynn said the missile launch was in defiance the 2015 security council resolution.
The Islamic Republic has test-fired several ballistic missiles since the nuclear deal in 2015, but the latest test was the first since Trump took office last month.
Flynn, in his first appearance in the White House press briefing room, said the missile launch and an attack against a Saudi naval vessel by Iran-allied Houthi militants off the coast of Yemen underscored “Iran’s destabilising behaviour across the Middle East.”
Richard Nephew, a former Obama administration official who was a U.S. negotiator with Iran on the deal, said Flynn’s comment could backfire.
