Oil prices fell to their lowest level since July last week. Money-manager shorts across the four main Brent and WTI contracts rose w/w by 31.7 mb to 209.5 mb in the latest positioning data. Standard Chartered: the current price weakness is a significant undershoot, and oil markets may soon record a big rally comparable to …
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The United States will tighten sanctions on Iran’s oil industry amid the Israel-Hamas conflict aiming to bring exports down by more than 1 million bpd, White House energy security adviser Amos Hochstein told Bloomberg. “We are going to enforce those sanctions,” Hochstein said. “Those numbers will come down.” Talk about tighter sanctions against Iran’s oil …
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Over 20 rockets were fired from Lebanon toward Kiryat Shmona, Matat, Shlomit, and other areas along the Lebanese-Israeli border on Wednesday, according to the IDF Spokesperson’s Unit. Hezbollah took responsibility for the rocket fire toward Kiryat Shmona. The IDF responded to the rocket fire with artillery fire targeting several sites in southern Lebanon, including a …
Continue reading “Over 20 rockets fired from Lebanon toward Israel, IDF strikes Hezbollah”
US President Joe Biden says Hamas “plan on attacking Israel again” and it is “not realistic” they will stop after Israel entered the largest hospital in Gaza which housed Hamas command centres. Israeli troops launched an operation on Gaza’s Al-Shifa Hospital on Wednesday, which Israel said sits on a large network of tunnels, where they …
Prime Minister Benjamin Netanyahu has said Israel will have “overall security responsibility” for the Gaza Strip “for an indefinite period”. Mr Netanyahu’s first comments on Israel’s plan for Gaza after the war came in an interview with the ABC News network in the US. However, he did not elaborate on the kind of security mechanism …
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The Israel Defense Forces revealed that its fighter aircraft hit several “terror targets” in Lebanon, including “infrastructure and military posts belonging to the Hezbollah terrorist organization.” The Israeli armed forces also noted that a Lebanon-based Hezbollah group used rockets to target northern Israel. “In response, an IDF aircraft struck the terrorist cell and launch pad …
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https://youtu.be/CqncA56EzF8 JERUSALEM —The Washington Post. Story by William Booth, Judith Sudilovsky, Ellen Nakashima, Alex Horton. Early in Israel’s invasion of Gaza, an antitank missile fired by Palestinian militants struck an armored personnel carrier, killing — by incineration, concussion, shrapnel — at least nine Israeli soldiers. Other armored assets in the convoy were also hit. That …
Continue reading “Hamas antitank strikes show depth of ‘powerful’ arsenal facing Israel”
Israeli Defense Forces (IDF) claimed that its air defense system, the Arrow 3, intercepted a missile targeting the country’s southern city of Eilat. According to the military, the missile was launched from Yemen and was intercepted over the Red Sea. “The target did not cross into Israeli territory,” IDF said on its official website. Previously, …
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https://youtu.be/dX23SJR6pLU WASHINGTON/BAGHDAD (Reuters) – A defective drone in Iraq may have helped keep America from being dragged deeper into a widening Middle East conflict. The drone, which was launched at the Erbil air base by an Iranian-backed militia before sunrise on Oct. 26, penetrated U.S. air defenses and crashed into the second floor of the …
Continue reading “U.S. Forces Under Fire in Middle East as America Slides Towards Brink”
Israeli Defense Forces (IDF) said on Friday that it attacked an organization located in Syria, which it holds responsible for launching an unmanned aerial vehicle that struck a school in the southern Israeli city of Eilat. “The IDF holds the Syrian regime fully responsible for every terror activity emanating from its territory. The IDF will …