propaganda video Hezbollah Secretary General Hassan Nasrallah (pictured) welcomed a Hamas delegation in Beirut, Lebanon, the Al Mayadeen channel reported on Wednesday. According to the media outlet, at the front of the Hamas delegation was Khalil al-Hayya, the militant group’s deputy head in Gaza. He was accompanied by Mohammed Nasr, a member of the group’s …
Agency trims 2024 growth forecast by 140,000 barrels a day Market still set for deficit if OPEC+ extends production cuts The outlook for global oil demand growth this year continues to soften amid an economic slowdown and mild weather in Europe, the International Energy Agency said. World fuel consumption will increase by 1.1 million barrels a day …
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Crude oil inventories in the United States fell this week by 3.104 million barrels for the week ending May 3, according to The American Petroleum Institute (API). Analysts had expected a 1 million barrel build. For the week prior, the API reported a 509,000 barrel build in crude inventories. On Tuesday, the Department of Energy …
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A recent release by Bloomberg Intelligence (BI) warned that, according to a new analysis by BI and Bloomberg Economics (BE), “an escalation to a direct war between Israel and Iran could result in oil prices rising to $150 a barrel and global output cut by $1 trillion”. Ziad Daoud, Chief Emerging Markets Economist at BE …
The Organization of the Petroleum Exporting Countries (OPEC) said on Tuesday in its latest version of its Monthly Oil Market report that the global oil demand growth estimates for 2024 remained “broadly” the same compared to the last month’s assessment, standing at 2.2 million barrels per day (bpd). While there were “minor upward adjustments to …
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Hundreds of Israelis stormed the courtyards of the Al-Aqsa Mosque in Jerusalem on Tuesday, Al-Jazeer and Palestinian news agency WAFA reported. According to the reports, the Israelis raised the Israeli flag at the site. The incident took place on Israel’s Independence Day amid calls from Jewish groups to take control of the mosque. Meanwhile, Israeli …
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United States Secretary oRafah’sa f State Antony Blinken (pictured above discussed Monday the Israeli military operation in Rafah, the displacement of Palestinians, and the state of the border crossings with Egypt’s Foreign Minister Sameh Shoukry (right) in a phone call, the State Department said in a statement. Blinken reaffirmed that the US “does not support …
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Sky News host Chris Kenny says the West must be “very sceptical” of death toll claims coming from Gaza as they are numbers only Hamas allows out of the region. “I have said before that we have to be very sceptical … about claims made when it comes to casualties in Gaza … the only …
Continue reading “UN ‘quietly’ lowers Gaza civilian death toll by ‘almost half’”
An Israeli fighter jet intercepted a drone as it approached Israeli airspace from the east, the Israel Defense Forces (IDF) announced. The military clarified that the drone was downed before breaching Israeli territory, hence no alarms were triggered. This incident comes amidst heightened tensions in the region, as Israel continues its war on Gaza while fighting a …