United States Secretary of State Antony Blinken said in a visit to Egypt on Monday that Hamas is the “only outlier” in ceasefire negotiations. He said the Palestinian group has shown “extraordinary cynicism” and urged regional leaders to “press” Hamas to accept the terms of the ceasefire deal. Blinken continued to insist that the “best …
Senior Hamas official Sami Abu Zuhri called on the United States to exert pressure on Israel to halt its military campaign against the organization in Gaza, The Times of Israel reported on Monday. “We call upon the US administration to put pressure on the occupation to stop the war on Gaza and the Hamas movement …
Israeli Prime Minister Benjamin Netanyahu praised Israeli security forces for their mission to rescue four hostages in the central Gaza Strip on Saturday. He highlighted that Israel’s forces demonstrated the country’s refusal to surrender to “terrorism.” “We are committed to doing so in the future as well. We will not let up until we complete the …
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The United States State Department announced on Friday that Secretary of State Antony Blinken will address the necessity of achieving a ceasefire agreement between Israel and Hamas during his upcoming visit to the Middle East and Europe. Blinken is expected to emphasize the importance of Hamas accepting Israel’s current proposal on a ceasefire “which is …
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syndicators made big purchases that are unraveling with high interest rates, adding distress to an already troubled US property market. The collision of social-media fueled investing will wipe out millions f people. Wall Street’s securitization machine and sharply higher interest rates — also shows how FOMO and easy money once again combined to burst an …
U.S. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve (SPR), increased by 1.2 million barrels from the week ending May 24 to the week ending May 31, according to the U.S. Energy Information Administration’s (EIA) latest weekly petroleum status report. The country’s crude oil stocks, not including the SPR, stood at 455.9 …
The price of crude oil for front-month deliveries increased on Thursday in the aftermath of the European Central Bank’s first rate cut in five years which appeared to alleviate some of the concerns about the bloc’s economic stability, seemingly pushing the commodity prices to rise. The labor market data coming from the United States showed an underwhelming figure …
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Russian Deputy Prime Minister Alexander Novak told reporters on Thursday that after the most recent meeting of the Organization of the Petroleum Exporting Countries and its allies (OPEC+), oil prices declined due to “wrong interpretations.” “There are many speculative factors,” he explained. Novak further added that he believes oil prices will be between $80 and $85 per barrel until …
It is perhaps unwise to attempt to rationalize the market reaction to the various June 2 OPEC+ meetings, analysts at Standard Chartered Bank, including Commodities Research Head Paul Horsnell, said in a report by Horsnell late Tuesday. “It may be best to categorize the price undershooting as the consequence of markets that are dominated by …
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