Crude oil inventories in the United States fell by 4.339 million barrels for the week ending September 20, according to The American Petroleum Institute (API). Analysts had expected a drop, but a much smaller one at -1.1-million-barrels. So far this year, crude oil inventories are 15 million barrels under where they were at the start …
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An Israeli airstrike on the southern suburbs of Beirut on Tuesday killed a Hezbollah commander who was a leading figure in its rocket division, two security sources said, as fears of a full-fledged war in the Middle East mounted. The sources identified the commander who was killed as Ibrahim Qubaisi. The attack, in which six …
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China’s central bank unveiled a broad package of monetary stimulus measures to revive the world’s second-largest economy, underscoring mounting alarm within Xi Jinping’s government over slowing growth and depressed investor confidence. People’s Bank of China governor Pan Gongsheng cut a key short-term interest rate and announced plans to reduce the amount of money banks must hold in …
Oil futures rebounded on Tuesday after a period of volatility and uncertainty, Christopher Tahir, a Senior Market Strategist at Exness, said in a recent market analysis “The market has been under pressure for multiple weeks. However, changing conditions could help the market recover,” Tahir said in the analysis. “Traders reacted to new monetary stimulus measures …
The price of crude oil rose on Tuesday as the conflict between Israel and Hezbollah escalated further. Yesterday, Israeli military airstrikes killed almost 500 people in southern Lebanon. Mutual attacks continued today as the international community expressed concern about the growing possibility of an all-out war, with Iran warning of “irreversible consequences.” West Texas Intermediate (WTI) for …
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Iranian President Masoud Pezeshkian warned on Monday of “irreversible” consequences if the Israel-Hezbollah conflict broadens into a regional war. Speaking at the United Nations on Monday, Pezeshkian accused Israel of provoking Iran and the Middle East by intensifying strikes against Hezbollah in Lebanon. “We do not wish to be the cause of instability in the …
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The last 48 hours has seen the most intense exchanges of fire between Israel and Hezbollah in almost a year of war in Gaza, as the Lebanese militant group fired projectiles deeper into Israeli territory than has previously been seen. On Saturday Israel pounded Hezbollah targets with nearly 300 strikes it what they described as preemptive …
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The Israeli Defense Forces (IDF) reported conducting around 800 strikes on Hezbollah targets in Lebanon during the whole of Monday, increasing the 300 counts published earlier. These strikes have been focused on eliminating Hezbollah’s military infrastructure, which includes rockets, missiles, drones, and launchers located in southern Lebanon and Beqaa, deep inside Lebanese territory, the IDF said. According …
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Israel Defense Forces (IDF) revealed on Monday that over 300 Hezbollah targets have been attacked so far today and that IDF Chief of Staff Herzi Halevi has approved the attack on new Hezbollah targets in Lebanon. Earlier today, IDF announced on Telegram that it was attacking the southern area of Lebanon after the IDF spokesperson …
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Tighter ties among Russia, China, Iran, North Korea alarm US US global leverage under pressure as rivals push for influenc For months, the US has warned Iran not to send ballistic missiles to Russia and told China not to provide military components for Moscow’s war in Ukraine. But Iran is now doing just what Washington said not …
Continue reading “US Worries Deepen as Adversaries Team Up to Challenge Dominance”