WTI sinks 4.6% as conflict in the Middle East lingers

WTI sinks 4.6% as conflict in the Middle East lingers

Crude oil prices experienced a further decrease on Tuesday as the lingering conflict in the Middle East and concerns regarding demand, particularly from China, persist. Investors are closely monitoring Israel’s potential response to last week’s missile attack from Iran, with Iran’s oil facilities considered a possible target. West Texas Intermediate (WTI) for settlements in November fell by 4.63% at 10:44 am ET …

Israel Defense Chief to Head to US as Response to Iran Looms

Israel Defense Chief to Head to US as Response to Iran Looms

Gallant to be in US Wednesday as Israel weighs its retaliation CIA chief warns of ‘actions that take on a life of their own’ Israel’s defense minister is traveling to Washington soon as the country continues to weigh how to respond to an Iranian missile attack and the US urges restraint. Yoav Gallant will on …

Netanyahu: War will continue as long as Israel is threatened

Netanyahu: War will continue as long as Israel is threatened

Prime Minister Benjamin Netanyahu vowed Monday that Israel will continue to fight as long as its existence is threatened. “As long as the enemy threatens our existence and the peace of our country, we will continue to fight,” the prime minister said at the state’s memorial ceremony to mark one year since the October 7 …

Israel to retaliate against Iran soon, sources say

Israel to retaliate against Iran soon, sources say

Israel will soon respond to Iran’s missile attack on October 1, Israel’s Channel 13 reported on Monday, citing an unnamed United States security official. No further details were provided. Previously, Israel vowed to retaliate against Iran amid ongoing speculations about whether the potential attack would target the country’s oil fields. Today marks the anniversary of the …

Harris: Israel needs help amid threats from Hamas, Hezbollah, Iran…….. Walz: Iran at the heart of disruption in Middle East

Harris: Israel needs help amid threats from Hamas, Hezbollah, Iran…….. Walz: Iran at the heart of disruption in Middle East

United States Vice President and Democratic presidential nominee Kamala Harris said in an interview set to be broadcast on Monday that the US needs to help Israel to “defend itself” from the threats posed by Hamas, Hezbollah and Iran. “When we think about the threat that Hamas, Hezbollah… Iran present, I think that it is …

Biden Comments Temper Oil Rally After Week of Surging Prices

Biden Comments Temper Oil Rally After Week of Surging Prices

Oil pared gains after President Joe Biden sought to discourage Israel from attacking Iran’s oil fields. West Texas Intermediate rose 0.9% to settle above $74 a barrel on Friday, after earlier surging as much as 2.5%. The advance faded after Biden told reporters at the White House, regarding Israeli’s potential retaliation against Iran for its …

Hezbollah leader Safieddine missing after Israeli strike

Hezbollah leader Safieddine missing after Israeli strike

Hezbollah leader Hashem Safieddine, expected to succeed Hassan Nasrallah, has been unreachable since an Israeli airstrike in Beirut targeted an underground bunker, according to three Lebanese security sources on Saturday. The strike hit Hezbollah’s intelligence headquarters in the southern suburbs of the city. Rescue efforts have been hindered by ongoing airstrikes in the area, making …

Trump: Israel should hit nuclear first, worry about rest later…….. ‘The President Should Blow That Country To Smithereens’

Trump: Israel should hit nuclear first, worry about rest later…….. ‘The President Should Blow That Country To Smithereens’

Former United States President and Republican nominee in the 2024 presidential election Donald Trump criticized incumbent President Joe Biden for his statement that Israel should avoid attacking Iran’s nuclear facilities, stating that the answer should have been to “hit the nuclear first and worry about the rest later. “”If they’re gonna do it they’re gonna do it …

Iran to target Israeli energy, gas sites if attacked

Iran to target Israeli energy, gas sites if attacked

Iran considers targeting Israeli oil refineries and gas sites if it is attacked by Israel, the semi-official Iranian news agency SNN on Friday quoted Iran’s Islamic Revolutionary Guard Corps deputy commander Ali Fadavi as saying. According to the media outlet, Al Fadavi warned Israeli authorities against making a “mistake,” stressing that Tehran will “target all …