israel

Oil-based exchange-traded funds (ETFs) experienced a significant decline, dropping over 4%, following Israel’s recent military strikes on Iran. The strikes, which occurred over the weekend, were reported as “limited” by local media, leading analysts to downplay the potential...

Israel on Friday initiated strikes against Iranian military targets. This move comes as a response to Tehran’s attacks on Israel, marking a significant escalation in Middle East tensions. What Happened: The Israel Defense Forces (IDF) confirmed on X that they were executing precise strikes on...

Oil prices, as tracked by the United States Oil Fund (NYSE:USO), dropped 1% on Thursday amid progress in renewed diplomatic efforts toward a Gaza cease-fire deal. West Texas Intermediate (WTI) light crude fell to $70.7 a barrel, heading for its second straight day in the red. U.S. and Israeli...

U.S. Secretary of State Antony Blinken is urging a halt to hostilities in Gaza and Lebanon, stressing the need for diplomatic solutions as Israel continues its military offensive. In a meeting with Saudi Crown Prince Mohammed bin Salman, Blinken emphasized the urgency of ending the war and...

U.S. Secretary of State Antony Blinken is embarking on a high-stakes mission to the Middle East, as the Israel-Gaza conflict shows no signs of abating and concerns mount over spillover into Lebanon. Blinken's trip, his 11th since the Oct. 7, 2023 Hamas attack on Israel, aims to press regional...

The U.S. government has initiated an investigation into the unauthorized release of “highly classified” documents. These classified documents, which detail Israel’s plans to attack Iran, were found posted on the messaging platform, Telegram. What Happened: The documents are...

The death of Yahya Sinwar, the Hamas leader and mastermind behind the Oct. 7, 2023 attacks, marks a significant turning point in the year-long Gaza conflict, according to Israeli Prime Minister Benjamin Netanyahu. Sinwar was killed by Israeli forces in Rafah on Thursday, in what Israel sees as a...

The Israeli military confirmed on Thursday the death of Yahya Sinwar, the top leader of Hamas, with one word: “Eliminated.” What Happened: Israel Defense Forces killed Sinwar — Israel's most wanted target since the war with Hamas began on Oct. 7 — in a firefight in Gaza. Sinwar...

The Israel Defense Forces announced Thursday that it is investigating whether one of three militants killed in Israel’s recent operations in Gaza is Yahya Sinwar, the Hamas leader believed to be responsible for orchestrating the Oct. 7 attacks. Although the IDF and Israeli Security Agency...

French President Emmanuel Macron has issued a stern warning to Israel’s Prime Minister Benjamin Netanyahu, urging him not to overlook United Nations’ resolutions amidst the escalating tensions with Hezbollah. What Happened: The admonition came during a ministerial meeting on Tuesday, as...

The United States has issued a stark warning to Israel, urging the government to take swift and meaningful steps within the next 30 days to address the deteriorating humanitarian conditions in Gaza. Failure to act could result in potential restrictions on U.S. military aid, marking the strongest...

Oil prices took a sharp dive on Tuesday, tumbling over 5% in morning trading in New York, as geopolitical tensions in the Middle East slightly eased after Israeli Prime Minister Benjamin Netanyahu reportedly pledged that Iran's crude oil infrastructure would be spared from any potential retaliatory...

World’s second largest oil consumer, China has urged Israel and Iran to reduce escalating tensions, emphasizing the need to avoid a “vicious circle” of conflict. This appeal was made during separate phone calls on Monday between China’s top diplomat Wang Yi and his...

Trump-Era White House national security advisor, John Bolton, has called on Israel to target Iran’s nuclear program, despite worldwide appeals for moderation following Iran’s recent missile attack. What Happened: Bolton said on X on Monday, “The Israeli government should consider...

Crude oil prices dropped sharply late Monday afternoon after The Washington Post reported Israeli Prime Minister Benjamin Netanyahu told the Biden administration he is willing to strike military targets rather than oil or nuclear facilities in Iran.  The Details: Netanyahu told President Joe...