Israeli Defense Minister Israel Katz on Friday called on Hamas to accept United States Special Envoy Steve Witkoff’s latest proposal for a ceasefire and hostage deal if it does not want to be demolished. “The Hamas murderers must now choose: accept the terms of the ‘Witkoff deal’ for the release of the hostages, or be …
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“You are going to see a crack in the bond market. It is going to happen,” JPMorgan Chase & Co. CEO Jamie Dimon warned on Friday while speaking at the 2025 Reagan National Economic Forum. He shared that while some investors are likely to panic, JPMorgan won’t, adding that the business “will be fine” and …
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May 30 (Reuters) – The U.S. plan for Gaza, seen by Reuters on Friday, proposes a 60-day ceasefire and the release of 28 Israeli hostages – alive and dead – in the first week, in exchange for the release of 1,236 Palestinian prisoners and the remains of 180 dead Palestinians. The document, which says the plan is …
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Israeli airstrikes killed at least 14 people in the Gaza Strip, hospital officials said Friday, while Hamas was reviewing a new Israeli-approved ceasefire proposal after giving it an initial cool response. President Donald Trump’s Mideast envoy had expressed optimism this week about brokering an agreement that could halt the Israel-Hamas war, allow more aid into Gaza, and return …
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Prince Khalid delivered King Salman’s urgent message during Tehran trip Riyadh urged rapid progress on US-Iran nuclear talks, sources say Prince said Trump’s approach leaves little room for drawn-out talks Stalled deal could risk triggering Israeli military action, he warned DUBAI, May 30 (Reuters) – Saudi Arabia’s defence minister delivered a blunt message to Iranian …
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Israeli Prime Minister Benjamin Netanyahu told hostage families that his government accepted United States Special Envoy to the Middle East Steve Witkoff’s proposal for a hostage and Gaza ceasefire deal, Axios correspondent Barak Ravid reported on Thursday, citing a person who attended the meeting. The reporter previously stated that Hamas, on the other hand, was not satisfied …
EIA petroleum report for the week ending May 23, 2025 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 2.8 million barrels from the previous week. At 440.4 million barrels, U.S. crude oil inventories are about 6% below the five year average for this time of year. U.S. crude oil …
In a historic breakthrough, the IDF on Wednesday announced that an unnamed laser defense system similar to the much celebrated Iron Beam laser system has shot down dozens of aerial threats during the war. According to the Defense Ministry, the Iron Beam and a related family of laser defense systems, produced by Rafael Advanced Defense …
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A U.S. trade court ruled President Trump exceeded his authority by imposing tariffs, reinforcing congressional control over trade. Oil prices rose over 1% as traders welcomed the ruling and bullish signals from demand forecasts countering glut concerns. Analysts remain cautious due to expected OPEC+ supply increases and the limited impact of new U.S. sanctions on …
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Crude oil inventories in the United States decreased by 4.2 million barrels in the week that ended May 23, private data from the American Petroleum Institute (API) revealed on Wednesday. In the reported week, distillate inventories repo increased by 1.3 million barrels, while gasoline stockpiles fell by 528,000 barrels. Meanwhile, reserves in Cushing, Oklahoma, allegedly …