israel

Hezbollah has launched a massive rocket and drone attack on Israel. This comes as a response to the assassination of a senior commander in Beirut last month. Israeli jets retaliated with airstrikes on Hezbollah targets in Lebanon. What Happened: Hezbollah, an Iranian-backed group, launched over 320...

Protests over the U.S. response to the war in Gaza have become a crucial issue for the 2024 election, with an interview of Nancy Pelosi being interrupted near the Democratic National Convention. What Happened: Former Speaker of the House Pelosi is on a tour to promote her new book "The Art of Power...

Oil prices, tracked by the United States Oil Fund (NYSE:USO), dropped sharply Friday morning, with West Texas Intermediate (WTI) light crude futures falling 3% below $76 per barrel at 8:00 a.m. in New York, as traders reacted to developments in Gaza ceasefire negotiations and disappointing economic...

Israeli Prime Minister Benjamin Netanyahu has said that he supports at least a partial truce with Hamas militants. The latest developments from the war-torn Gaza region indicate otherwise. According to the New York Times, Netanyahu is reportedly preventing a cease-fire to appease several far-right...

West Texas Intermediate (WTI) crude oil futures, closely followed by the United States Oil Fund (NYSE:USO), surged 3.6% to close at $79.60 per barrel on Monday amid rising tensions in the Middle East. This marked the fifth consecutive day of gains and the second-strongest one-day surge year-to-...

The Israeli Defense Forces (IDF) have reported that approximately 30 rockets were launched from Lebanon towards northern Israel. The IDF has confirmed that there were no casualties as a result of the attack. Hezbollah, a Lebanese militant group, has claimed responsibility for the attack. What...

The Middle East is experiencing heightened tensions Wednesday, prompting renewed and significant diplomatic efforts from global leaders to prevent a conflict that could escalate into a wider regional war. Last week, Iran, alongside its Lebanese ally Hezbollah, vowed to retaliate against Israel...

Palantir Technologies Inc (NYSE:PLTR) CEO Alex Karp issued a stark warning about potential conflicts in the Middle East, in the second-quarter earnings call. What Happened: Karp warned of a possible escalation of conflicts in the Middle East, emphasizing the company’s commitment to supporting...

John Bolton, a Trump-Era National Security Advisor, has expressed concern over the Biden administration’s handling of Iran’s recent aggressive actions in the Middle East, which he believes endangers American and allied interests. What Happened: Bolton took to X on Monday, to voice his...

Global markets may fall into disarray if Iran follows through on its imminent threat to attack Israel, very much in the same way they did when Russia attacked Ukraine in late February 2022. Secretary of State Tony Blinken on Sunday informed G7 countries that Iran may attack Israel in retaliation...

Global financial markets are experiencing heightened volatility as investors grow anxious about recession risks in the world’s largest economy and move away from riskier assets while seeking refuge in safe-haven investments. The Japan’s Nikkei 225 closed dramatically lower by 13.47%...

The Sunday airstrike on a hospital compound in central Gaza has resulted in the death of five individuals, bringing the total of Palestinians killed on Sunday to 19. What Happened: The airstrike, which targeted a tent within the Al-Aqsa Hospital compound, resulted in a fire and injured at least 18...

Amid escalating geopolitical tensions in the Middle East, Israeli stocks are experiencing their steepest weekly decline since early October 2023, when Hamas launched a devastating attack on Israel, killing over 1,000 people and abducting 250 civilians to the Gaza Strip. The Tel Aviv 125 index has...

Markets experienced a sharp downturn, driven by heightened geopolitical tensions and economic uncertainties that negatively impacted investor risk sentiment, just a day after the Federal Open Market Committee (FOMC) meeting signaled a potential interest rate cut in September. U.S. economic data...

U.S. Treasury bonds are drawing significant safe-haven demand on Thursday as escalating geopolitical tensions in the Middle East heighten risk aversion among traders seeking liquidity shelters. The iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) saw a 1% increase, reaching its highest level since...