Thirty-nine people were injured in a Hezbollah drone strike in the Binyamina area, the Israeli Army Radio confirmed, citing a military source. Two drones reportedly approached Israel, with air defenses shooting down one over the sea while the second struck. Magen David Adom head Eli Bin reported that three victims are in critical condition, five …
Thirty-nine people were injured in a Hezbollah drone strike in the Binyamina area, the Israeli Army Radio confirmed, citing a military source. Two drones reportedly approached Israel, with air defenses shooting down one over the sea while the second struck. Magen David Adom head Eli Bin reported that three victims are in critical condition, five …
Continue reading “Hezbollah drone attack on central Israel wounds 39”
United States President Joe Biden’s administration is considering sending Terminal High Altitude Area Defense (THAAD) air defense systems to Israel, a US official told The Times of Israel. Previously, Israeli media reported that the US plans to deploy the anti-ballistic missile system in Israel and send American forces to operate it in order to be …
Continue reading “US said to mull sending THAAD defense system to Israel”
The Israel Defense Forces (IDF) said on Friday that two unmanned aerial vehicles (UAV) penetrated the country’s airspace from Lebanon, with one drone causing damage to a building in Herzliya north of Tel Aviv. According to the military, one drone was successfully shot down, after several interception attempts were made. No casualties were reported but …
Israel’s security cabinet met Thursday night to discuss how to retaliate against Iran for its missile attack last week, as US efforts to influence the decision remained in question. A final decision on the timing of the strike was to be made by Prime Minister Benjamin Netanyahu and his defense minister, Yoav Gallant, public broadcaster Kan said. …
Continue reading “Israel’s Security Cabinet Meets on Iran as Biden Urges Caution”
As Iran visits Gulf states to scrounge up support in the face of what many believe is an impending strike by Israel, Reuters reports that Saudi Arabia, UAE and Qatar are lobbying Washington to thwart Israel. On Thursday, Iranian Foreign Minister Abbas Araghchi told the media that the country was seeking support from Gulf nations to …
US President Joe Biden’s first call in over a month with Benjamin Netanyahu threw into focus his limited ability to influence Israel’s prime minister over what could be an imminent strike against Iran. “Our attack on Iran will be deadly, precise and above all surprising,” Israeli Defense Minister Yoav Gallant said on Wednesday. “They will not understand what happened and …
Continue reading “US Sway Over Netanyahu Tested as Israel Vows ‘Deadly’ Iran Hit”
Israeli Prime Minister Benjamin Netanyahu said that the country has a “historic opportunity” to strike Iranian nuclear or oil facilities, “which shouldn’t be missed,” after United States President Joe Biden advised him not to hit these sites, Israel’s Channel 14 reported on Thursday .Israel’s security cabinet is set to meet later today to discuss and vote on …
Continue reading “Netanyahu allegedly sees ‘historic opportunity’ to hit Iranian nuclear, oil sites”
Summary of Weekly Petroleum Data for the week ending October 04, 2024 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 5.8 million barrels from the previous week. At 422.7 million barrels, U.S. crude oil inventories are about 4% below the five year average for this time of year. …
The war premium has started to evaporate, especially after the recent rally ING commodities strategists Warren Patterson and Ewa Manthey wrote in a note on Tuesday “China’s National Development and Reforms Commission (NDRC) failed to announce any new supportive measures. Without policy support, an economic slowdown could keep China’s oil demand subdued in the short to …
Continue reading “Oil Prices Tumble 4% as Demand Fears Override Middle East Risk”