The Palestinian militant group Hamas stressed on Tuesday that there will be no new rounds of discussion with the Israeli party until it approves the last draft proposal that the group previously agreed to. “We did not accept to receive what was offered to us by the mediators, because we do not want to start from square …
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The price of crude oil for front-month deliveries hovered around its lowest point in three months on Tuesday after the recent OPEC+ meeting sparked concerns about a possible commodity oversupply in the face of weakening consumption in the United States. OPEC+ unexpectedly rolled out a plan to restore some production to the market this year, …
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United States President Joe Biden’s explanation of a new Gaza ceasefire proposal was “not accurate,” NBC News reported on Monday, citing a senior Israeli official. According to the report, Israel did not change its conditions for a ceasefire and did not agree to withdraw its forces from Gaza. “Israel has not changed its conditions to reach …
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It wants a pause and hostages for prisoners but no end to war White House says Israel has reached most of its military goals Two days after US President Joe Biden laid out what he called an Israeli proposal to end its war on Hamas, it’s clear that key aspects of the deal have not, …
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Israeli Prime Minister Benjamin Netanyahu extended an invitation to National Security Minister Itamar Ben Gvir for a meeting to address the new proposal for the release of hostages and a potential ceasefire agreement with Hamas, local media reported on Monday. The invitation came in response to Ben Gvir’s threat of government dissolution if Netanyahu’s administration “continues …
Continue reading “Netanyahu: Draft doesn’t include stopping the war”
The Israeli Defense Forces (IDF) on Sunday disclosed its unsuccessful attempt to intercept a drone launched from Lebanon towards Nahariya. The drone crashed in the city, sparking a fire that firefighters are said to be extinguishing. There have been no reported injuries resulting from the incident and authorities are assessing the situation and investigating the …
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OPEC and its partners in OPEC+ this weekend decided to extend their production cuts, including both voluntary and group-wide cuts, until 2025. Energy Intelligence’s Amena Bakr reported that the voluntary cuts specifically would be extended until the third quarter of 2024, after which the countries currently cutting would begin to bring back production if the market …
Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC oil-producing nations at a meeting on Sunday reached a tentative agreement to prolong production cuts until the year’s end, the Wall Street Journal reported, citing delegates. Delegates reportedly indicated that OPEC+ outlined a plan to extend significant oil supply reductions into the latter half of the …
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OPEC+ ministers are gathering to discuss oil production policy They already have the outline of a deal to extend “voluntary” supply cuts into the second half, delegates said Talks continue on extending separate, group-wide curbs into 2025 One factor that could provoke OPEC+ to unveil a surprise today is the recent buildup in short positions in …
The dramatic policy shift follows the Kremlin’s assault on the city of Kharkiv and a chorus of pressure from European allies. President Biden will allow Ukraine to use U.S.-provided weaponry against limited military targets inside Russia, officials said Thursday, a dramatic reversal of a long-standing precautionary measure that comes as Kyiv struggles to defend its …