Israel Financial News

Israel-Hamas conflict in Gaza. He emphasised the immense human suffering endured in the enclave, stressing the urgent need for peace to prevent further loss of life, according to a report by Reuters. In an unexpected move for a member of the royal family, Prince William highlighted the critical importance of delivering aid to Gaza's population and demanded the release of hostages held by Hamas.

BEIJING (Reuters) — Oil prices regained some ground in early Asian trade on Wednesday, as investors weighed concerns over output cuts by key producers and attacks on shipping in the Red Sea against dimmed expectations of U.S. rate cuts.

Qatari Foreign Ministry said that Hamas has started delivering medication for the approximately 100 hostages held in Gaza, a month after the medications arrived in Gaza. Foreign Ministry spokesperson Dr. Majed Al-Ansari said on Tuesday evening that Hamas confirmed they had begun to deliver the medications to the hostages in exchange for medicines and humanitarian aid for Palestinians in the Gaza Strip. France and Qatar mediated a deal in January for the shipment of medicine for dozens of hostages held by Hamas arrived in Gaza. The deal was the first agreement between Israel and the militant group since a weeklong cease-fire in November, but there was no evidence that the medications had arrived.

Israel hit Gaza with air strikes on Tuesday as world powers grappled with how to broker a ceasefire ahead of a UN Security Council vote that was expected to be blocked by a US veto. A total of 103 Palestinians were killed in the past 24 hours of Israeli strikes and ground combat in the besieged Hamas-ruled territory, its health ministry said.

Also Read: Oil remains range-bound as rate cut hopes fade away: Here's how US Fed policy decision affects prices Brent futures dipped 22 cents or 0.26 per cent to $83.34 a barrel. The six-month spread for Brent on Tuesday was also at its highest since October, in a sign of a tighter market. US West Texas Intermediate (WTI) crude for April delivery fell 26 cents, or 0.33 per cent, to $78.20 a barrel, after earlier paring $1.

A gunman shoots at a Montreal Jewish school. A Jewish-owned grocery store is set on fire in Toronto. In Ottawa, police disrupt an alleged terrorism plot against the Jewish community.

Elon Musk has chipped into the online discourse on the United States government's financial package to Ukraine, with recent his posts on self-owned social media site X suggesting that he supports calls for a ceasefire in the Russia-Ukraine war and the allocation of funds towards American infrastructure projects instead. Replying to multiple user opinions on venture capital founder David Sacks' thread on the subject on X, Musk said a peace deal should have been "done a year ago", adding that Russia looks poised to win the war with Ukraine. Also Read | Russia-North Korea ties: Vladimir Putin gifts ‘luxury car’ to Kim Jong Un Responding to an X user who wrote: "It is time for a ceasefire and peace talks between Ukraine and Russia.

Palestinian foreign minister Riyad Al-Maliki told the International Court of Justice (ICJ) on Monday that Palestinians are suffering “colonialism and apartheid" under Israelism and urged judges to order an “immediate and unconditional end to Israel's occupation". “The Palestinians have endured colonialism and apartheid... There are those who are enraged by these words.

Lula da Silva's comparison of Israel's military campaign in Gaza to the Holocaust has unleashed a diplomatic firestorm, with Brazil recalling its ambassador Monday and Israel declaring Lula «persona non grata.» The row erupted the day before when Lula said the ongoing conflict in the Gaza Strip «isn't a war, it's a genocide,» and compared it to «when Hitler decided to kill the Jews.»

Israel-Hamas war: Benny Gantz, a minister of Israel's war cabinet has warned Hamas that they must return all the hostages by March 10 or Israeli forces will launch a ground invasion in Rafah. The warning came as the 1.5 million Palestinians in Gaza are seeking refugee in Rafah, a small city close to the Egypt border. The international agencies have raised concerns that any attack on Rafah will lead to a “massacre." The death toll in Israeli strikes on Gaza has crossed 28,000 and the peace proposals moved by Egypt, Qatar, and the United States are not creating much movement on the ground.

By Natalie Grover

A small sewing workshop making cloth diapers with cotton padding in Gaza's crowded city of Rafah is helping desperate parents with babies afford a basic necessity

Norway says it will transfer tax funds to the Palestinian Authority that have been frozen for months because of a dispute with Israel

₹84,560 crore. In its report, brokerage house Nuvama Institutional Equities stated that the Ministry of Defence had taken a tactical move based on lessons learned.

Israel will launch its long-threatened offensive against Rafah next month if Hamas has not freed the remaining hostages held in Gaza by the start of Ramadan, Israeli war cabinet member Benny Gantz said. «The world must know, and Hamas leaders must know — if by Ramadan our hostages are not home, the fighting will continue everywhere, including the Rafah area,» Gantz, a retired military chief of staff, told a conference of American Jewish leaders in Jerusalem Sunday. Ramadan, the Muslim holy month, is expected to begin on March 10.

Oil prices edged down on Monday morning as markets digested comments from U.S. Federal Reserve officials pointing to a more patient stance regarding potential interest rate cuts, in thin early trade on what is a public holiday in the United States. Brent crude futures were down 58 cents, or 0.69%, at $82.89 a barrel. U.S. West Texas Intermediate crude was 35 cents, or 0.44%, lower at $78.84 at 0138 GMT.

Israel for carrying out genocide in Gaza and voiced support for South Africa's case against Israel at the UN's International Court of Justice. However, it was the first time he directly compared Israel's actions to the Holocaust. As per Israeli Prime Minister Benjamin Netanyahu, the remark “crossed a red line".

veto. Algeria, the Arab representative on the council, put the draft resolution in a final form that can be voted on. Council diplomats, speaking on condition of anonymity because they weren’t authorized to speak publicly, said the vote will take place Tuesday morning. In addition to a ceasefire, the final Algerian draft, obtained by The Associated Press, reiterates council demands that Israel and Hamas “scrupulously comply” with international law especially the protection

Israeli cabinet unanimously approved a declaration strongly opposing any plan for Palestinian statehood, the Times of Israel reported. This comes in the wake of reports that the US and several Arab partners were preparing a detailed plan for a comprehensive peace deal between Israel and the Palestinians that includes a «firm timeline» for a Palestinian state.

Hamas, and envisions a wider resolution of the Israeli-Palestinian conflict. Israeli Prime Minister Benjamin Netanyahu has called Hamas' demands “delusional" and rejected US and international calls for a pathway to Palestinian statehood.

Israel accused Brazilian President Luiz Inacio Lula da Silva of trivialising the Holocaust and causing offence to the Jewish people on Sunday after he likened the Israeli war against Hamas militants in Gaza to the Nazi genocide during World War Two. «What is happening in the Gaza Strip with the Palestinian people has no parallel in other historical moments. In fact, it did exist when Hitler decided to kill the Jews,» Lula told reporters during the 37th African Union Summit in Addis Ababa.