British Prime Minister Rishi Sunak said on Wednesday that Israeli Prime Minister Benjamin Netanyahu must allow more aid into Gaza to “alleviate” the widescale destruction, mass displacement and the imminent threat of famine resulting from the conflict between Israel and Hamas. “I’ve also said repeatedly the situation in Gaza is increasingly intolerable, you know, the humanitarian …
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Fitch Ratings revised China’s outlook to negative from stable, saying the government is likely to pile on debt as it seeks to pull the economy out of a real estate-driven slowdown. Growing uncertainty about the outlook for the world’s second-biggest economy, amid Beijing’s drive to make growth less dependent on housing, “could keep debt on …
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OPEC+ once again extended its oil production cuts this month. The decision was anything but unexpected and, unlike previous production policy announcements, it had the desired effect on prices. However, it could only work for so long. Soon, OPEC will need to make a decision. Last year, oil traders were almost exclusively focused on demand …
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Crude oil inventories in the United States rose this week by 3.034 million barrels for the week ending April 5, according to The American Petroleum Institute (API). Analysts had expected an inventory build of 2.415 million barrels. On Tuesday, the Department of Energy (DoE) reported that crude oil inventories in the Strategic Petroleum Reserve (SPR) …
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Hamas is said to be rejecting Israel’s demand to free 40 hostages as part of a potential ceasefire agreement, Israeli public broadcaster Kan reported. According to the report, Hamas is refusing to release any male soldiers and claims it does not have 40 living elderly or female hostages remaining. On the other hand, Israeli officials …
IA Director Bill Burns presented a new proposal to try to bridge the gaps in ongoing negotiations to broker a deal to bring about a ceasefire in the war between Israel and Hamas in Gaza and the release of the Israeli hostages held by the group, according to a source familiar with the discussions. The latest …
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Oil prices retreated at the start of the week on signs that there is a possibility of a ceasefire between Hamas and Israel. “It appears the catalyst is Israel saying it has withdrawn all troops except one brigade from the Southern Gaza strip, likely in response to growing international pressure and to deescalate tensions after …
Continue reading “Oil Prices Soften As Israel With draws Some Troops From Gaza…….”
Partial troop withdrawal may be signal to Hamas on deal Far-right coalition partners express alarm and threats Partial troop withdrawal may be signal to Hamas on deal Far-right coalition partners express alarm and threats Senior Israeli officials said progress has been made in negotiations for a cease-fire in Gaza that would include the release of …
White House National Security Communications Advisor John Kirby announced on Monday that a proposal for the hostage release with Israel has been presented to Hamas and that the parties involved are now waiting for the group’s response. Speaking to reporters, Kirby confirmed that Central Intelligence Agency (CIA) Director William Burns was a member of the …
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The United States Department of State’s spokesman Matthew Miller said on Monday that Washington was not briefed about Israel’s plan to launch a ground operation in the Gazan city of Rafah and voiced his country’s stance against it. “We have made clear to Israel that we think a full-scale military invasion of Rafah would have …