Israeli Defense Forces (IDF) said on Friday in a statement that overnight, anti-tank missiles were launched from Lebanon toward Mount Dov. As a result, one individual died. Meanwhile, Israel’s Air Force struck Hezbollah sites in “the Shebaa area in southern Lebanon.” IDF specified that a weapons depot was one of the targets. IDF further …
Standard Chartered: Global Oil Demand Will Pick Up Strongly In May And June
The crude inventory build at the middle of the month triggered fears that oil demand could be weakening. StanChart has forecast that global oil demand will pick up strongly in May and June, exceeding 103 mb/d for the first time in May. With the next key ministerial meeting just six weeks away, concerns about demand …
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Israel Steps Up Cross-Border Strikes on Hezbolla……. IDF ready for Rafah operation, just waiting for green-light from gov’t h in Lebanon
The Israeli military said it struck about 40 sites linked to Hezbollah in southern Lebanon, an apparent escalation of the near daily skirmishes between the two sides since the start of the war in Gaza. The Israel Defense Forces said its rockets hit storage facilities, weaponry and “additional targets used by Hezbollah” in the area …
Reports Indicate Iran Intends to Disrupt Strait of Hormuz
Recent reports indicate that Iran intends to disrupt operations in the Strait of Hormuz, Dryad Global stated in its latest Maritime Security Threat Advisory (MSTA), which was released on April 22. “The most recent incident, the seizure of the MSC Aries, demonstrates that Iran, despite being preoccupied with missile operations against Israel, continues to interdict …
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IDF preparing to start Rafah operation ‘very soon’
Initially, the US had expressed firm opposition to an operation in Rafah, in fear of worsening the humanitarian crisis in Gaza, however now they are willing to move forward with the operation. The IDF is preparing to begin the ground operation in Rafah “very soon,” beginning with a massive evacuation of over a million Palestinians, Kan 11 …
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US Senate approves $95 billion aid package with TikTok provision
The United States Senate green-lit a $95 billion aid package aimed at assisting Ukraine, Israel and Taiwan. Of particular interest is a provision within the bill concerning TikTok. It included a clause that would compel ByteDance, the owner of TikTok, to either sell the popular social media platform or face a ban in the United States. This …
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Oil up 1% on geopolitical concerns
Prices of oil futures rose by more than 1% on Tuesday as markets remained wary of the potential spillover of Israel’s conflict with Iran to other parts of the Middle East, apparently resulting in market fears about the future of the global oil supply. West Texas Intermediate (WTI) for settlements in Jun rose by 1.14% …
U.S. Crude Oil And Gasoline Inventories FALLING
Crude oil inventories in the United States fell this week by 3.23 million barrels for the week ending April 19, according to The American Petroleum Institute (API). Analysts had estimated a 1.8 million barrel build for crude oil. For the week prior, the API reported a 4.09 million barrel build in crude inventories. On Tuesday, …
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Israel hit Iran with a half-ton supersonic ‘Rampage’ missile
Israel Used The ‘Rampage’ Missile During The Weekend Strike On An Iranian Military Base In Isfahan, Kan Reported. The Supersonic Missile Is Reportedly Designed To Strike Ground Targets Like Military Bases. On April 19, U.S. Media Reported An Israeli Missile Attack On A Military Base In Isfahan. However, Iran Downplayed The Incident, Saying No Israeli …
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Iran is producing nukes. Soon their will be proof as Israel glows in the dark
Tensions between Israel and Iran have turned the spotlight on Tehran’s nuclear capabilities. The West accuses Iran of using its civil nuclear program as a cover for developing weapons — which it denies. The head of the United Nations’ nuclear watchdog, Rafael Mariano Grossi, warns that Iran ‘is not cooperating with us in the way …
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