Iran has significantly increased its stockpile of uranium enriched to near weapons-grade levels, according to the Associated Press on Monday, citing a confidential report by the United Nations’ nuclear watchdog, the International Atomic Energy Agency (IAEA). According to the report, Iran now possesses 142.1 kilograms of uranium enriched up to 60%, marking a 20.6-kilogram increase …
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The Israeli and Egyptian armies exchanged fire on Monday at the Rafah crossing, several media in Hebrew and Arabic languages reported. As per the reports, the uncommon and unexpected incident has not left any casualties so far. The Israeli Channel 13 said the height of tensions is followed by an investigation by the IDF into …
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United States President Joe Biden’s administration is aware of Israel’s latest attack on the Gazan city of Rafah, the White House told The Times of Israel. “We’re aware of the reports about the incident in Rafah and are gathering more information,” the White House said. Meanwhile, the Gaza Health Ministry claimed at least 35 Palestinian civilians were …
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Crude oil prices started this week by moving slightly following after a week when they booked the sharpest drop in a month on interest rate woes. The week is set to be dominated by the start of driving season in the United States and the OPEC+ policy meeting on Sunday. The first will provide a …
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The United States government is seeking to dissuade European Union countries from censuring Iran at the meeting of member states of the International Atomic Energy Agency (IAEA) to be held in June so that punitive measures do not take place before the US presidential elections in November. According to The Wall Street Journal on Monday, …
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Hezbollah claimed responsibility for an attack on an Israeli military post situated in the central sector of the Lebanon-Israel border, according to Al Jazeera Arabic. The attack reportedly targeted and successfully hit technical systems at the Al Abad military post. This comes after multiple air-raid alerts were sounded across northern Israel on Sunday morning. The …
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The Israeli military sounded sirens in Tel Aviv today, warning of potential rocket strikes, according to Al Jazeera. Qassam Brigades, Hamas’s armed wing, reportedly claimed responsibility for targeting the city, stating they did so in retaliation for what they termed “Zionist massacres against civilians. “Local media reported hearing fifteen explosions in the Tel Aviv area …
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WTI for July delivery rose 85 cents to settle at $77.72 a barrel in New York. Brent for July settlement gained 76 cents to settle at $82.12 a barrel. The prompt spread was 26 cents in backwardation, compared with 65 cents at the start of the month. Oil hovered near the lowest in three …
Houthis claim missile attacks on three ships (MSC Alexandria in the Arabian Sea, Yannis in the Red Sea, and Essex in the Mediterranean). The Essex manager denies the incident. U.S. Central Command confirms missile launches in the Red Sea. The attacks are part of a campaign against regional shipping, supporting Palestine, causing disruptions.
Major stock markets in the United States ended Friday’s session mostly higher with the Nasdaq 100 closing with a record value of 18,808.347. The Nasdaq 100 advanced by 0.99%, with Ross Stores Inc. skyrocketing 7.79%, Constellation Energy Corporation surging 4.28% and Qualcomm Inc. climbing 4.26%. Within the same index and after exceeding the $2.57 trillion of market …