Crude oil prices started the week with a dip after booking a gain of 6% last week, fueled mostly by geopolitical factors as the war between Russia and Ukraine escalated. At the time of writing, Brent crude was trading at $74.58 per barrel, with WTI at $70.65 per barrel. At the same time, Iran changed its tune on …
‘We are close to deal,’ Michael Herzog says to Army Radio Still unclear if Hezbollah will agree to Israeli proposals Israel is potentially days away from a cease-fire deal with Lebanon’s Hezbollah, the Israeli ambassador to the United States said, following a new round of shuttle diplomacy by a senior envoy for the outgoing Biden …
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Nov. 23 (UPI) — Russian President Vladimir Putin says the new Oreshnik hypersonic missile used against Ukraine this week will go into serial production and is “ready to be used” again if necessary. Speaking on Friday during a televised meeting with members of his Security Council, defense industry officials and missile developers, the Russian leader said the …
Oil rose as geopolitical tensions from Russia to Iran ratcheted higher while strength in equity markets increased the appeal of risk assets. West Texas Intermediate climbed more than 1% to settle above $71 a barrel, an increase of more than 6% for the week, while Brent settled above $75 for the first time since Nov. …
Israel’s Prime Minister Benjamin Netanyahu’s Office and Foreign Ministry confirmed Sunday in a joint statement that the body of missing rabbi Zvi Kogan was found in the United Arab Emirates (UAE.) “The murder of Zvi Kogan, of blessed memory, is an abhorrent act of antisemitic terrorism. The State of Israel will use all means and …
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United States President-elect Donald Trump has chosen hedge fund manager Scott Bessent as his pick for Treasury secretary, The founder and CEO of investment firm Key Square Group. He played a major role as an economic adviser and fundraiser during Trump’s campaign. Bessent has long been seen as a top choice for the role, especially …
Russian President Vladimir Putin said during a meeting with Defense Ministry officials and weapons developers on Friday that the country plans to continue testing its new intermediate-range Oreshnik missiles. Russia first used the missiles in an attack on Ukraine earlier this week, in what Putin called “successful” tests. He added that his country has a “stockpile” …
Ukraine launched a surprise offensive into Russia’s Kursk region, catching enemy forces off guard. The shock invasion allowed Ukrainian forces to capture about 488 square miles of Russian territory. Despite the wreckage left, Ukraine is making a point of helping civilians in occupied territories. Ukrainian forces launched a bold offensive into Russian territory earlier this …
Continue reading “Ukraine’s First-Ever ATACMS Strike in Russia”
Crude oil prices extended their gains today and were set to end the week higher after Russia shot a new kind of ballistic missile at Ukraine in the latest sign that the escalation there continues. The strike, featuring a hypersonic medium-range missile that has not been used before in warfare, came in response to a …
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WASHINGTON — If Russian President Vladimir Putin makes good on his threat to use nuclear weapons in Ukraine, the United States would likely respond with a sweeping economic embargo combined with a massive conventional attack on Russian military positions that could quickly wipe out the Russian president’s invading military forces, said Joseph Cirincione, a national security …
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