Israel Financial News

Gaza when Israeli hostages and Palestinian prisoners would be released, sources told Reuters, as Israel pressed ahead with its assault on southern Gaza's main city. Qatar, the US and Egypt have for weeks shuttled between Israel and the militant group that runs Gaza trying to broker terms for a break in fighting, which would also allow in more food and medical supplies. But the two sides remain at odds over how to permanently end the Gaza war, which Hamas insists must be decided as part of any ceasefire agreement, the sources said. Israeli spokesperson Eylon Levy said on Tuesday there would be no ceasefire that left Hamas in power and hostages in Gaza, following the militant group's cross-border rampage on Oct.

By Steven Scheer

NEW DELHI : UN General Assembly president Dennis Francis warned that the ongoing conflict in the Red Sea posed an extremely disturbing situation that could trigger another mass war on a global level. Speaking at a press briefing in New Delhi on Wednesday, Francis said the possibility of escalation and regionalization of the conflict in the Red Sea had created a dangerous situation. “That is an extremely disturbing situation.

Hedge fund billionaire Bill Ackman and his wife Neri Oxman are buying a nearly 5% stake in the Tel Aviv Stock Exchange, the exchange reported in a press release Wednesday.

The Israel-Hamas war has halted progress on what’s known as the India-Middle East-Europe Economic Corridor (IMEC)— a project touted last year by Washington and key allies that envisages building new rail links across the Arabian peninsula. As Houthi attacks disrupt Red Sea shipping and turmoil spreads across the region, IMEC is effectively on ice.

ceasefire, but the framework plan is being held up by the two sides' differences over how to bring a permanent end to the Gaza war, three sources said. Intense mediation efforts led by Qatar, Washington and Egypt in recent weeks have focused on a phased approach to release different categories of Israeli hostages — starting with civilians and ending with soldiers — in return for a break in hostilities, the release of Palestinian prisoners and more aid to Gaza.

Houthi militant attacks that followed the commencement of the Israel-Hamas conflict have not been stopped despite numerous rounds of retaliatory strikes by the US and its allies as well as a multinational naval operation to patrol the waters. Here are top 10 updates on Houthis-Red Sea attack 1) The United States has carried out airstrikes in Iraq targeting facilities used by "Iranian-backed militias" in the country following repeated attacks on US forces, Defence Secretary Lloyd Austin said in a statement on Tuesday (local time).

Bloomberg reported. In an official statement, the US Central Command on Tuesday said the facilities are also used by other militant outfits.

Iraqi airline Fly Baghdad is denying U.S. allegations that have resulted in it being hit with sanctions from the Treasury Department

The U.S. Navy’s top Mideast commander says Iran is “very directly involved” in ship attacks by Yemen’s Houthi rebels during Israel’s war against Hamas

Investing.com — Oil prices fell Tuesday, handing back early gains as worries over rising supply countered continued Middle East tensions.

Yemen's Huthis on Tuesday over their attacks on Red Sea shipping, as the Iran-backed rebels vowed to hit back. The latest raids, heard by residents of the rebel-held capital Sanaa around midnight (2100 GMT), hit eight Huthi targets, a joint US-UK statement said, while the Huthis listed 18 strikes across their territory. US and British forces carried out a first wave of strikes against the rebel group earlier this month, and the United States launched further air raids against missiles that Washington said posed imminent threats to both civilian and military vessels. But the Huthis have vowed to continue their attacks — just one part of a growing crisis in the Middle East linked to the Israel-Hamas war, which has raised fears of a broader war directly involving Iran. The latest strikes were against «eight Huthi targets in Yemen in response to the Huthis' continued attacks against international and commercial shipping as well as naval vessels transiting the Red Sea», Washington and London said in a joint statement with other countries that supported the military action. «These precision strikes are intended to disrupt and degrade the capabilities that the Huthis use to threaten global trade and the lives of innocent mariners,» the statement said. The US Central Command said in a separate statement that the targets of the strikes «included missile systems and launchers, air defence systems, radars, and deeply buried weapons storage facilities». — Attacks won't go 'unpunished' - British Foreign Secretary David Cameron said the Huthis had carried out more than 12 attacks on shipping since the first wave of joint strikes on January 11. «What we have done again is send the clearest possible message that we will

Gaza Strip in the deadliest attack on Israel's forces since the October 7 Hamas raid that triggered the war, the military said Tuesday, a major setback that could add to mounting calls for a cease-fire. Prime Minister Benjamin Netanyahu mourned the soldiers but vowed to press ahead with the offensive until «absolute victory» over Hamas. He has also promised to return over 100 hostages held captive in Gaza.

permanent membership of the United Nations Security Council (UNSC). In a post on X (formerly Twitter), the Tesla CEO wrote, “India not having a permanent seat on the Security Council, despite being the most populous country on Earth, is absurd." “At some point, there needs to be a revision of the UN bodies.

British forces carried out a fresh round of strikes on Monday in Yemen, targeting a Houthi underground storage site as well as missile and surveillance capabilities used by the Iran-aligned group against Red Sea shipping, the Pentagon said. The Houthis, who control the most populous parts of Yemen, have said their attacks are in solidarity with Palestinians as Israel strikes Gaza. The Houthi attacks have disrupted global shipping and stoked fears of global inflation. They have also deepened concern that fallout from the Israel-Hamas war could destabilize the Middle East. In the latest response, U.S.

Oil prices eased in early trade on Tuesday as anxiety over the global demand outlook for oil offset geopolitical tensions in the Middle East and supply worries following an attack on a Russian fuel export terminal over the weekend.

The United States Department of the Treasury’s Office of Foreign Assets Control has imposed new sanctions on facilitators and networks involved in crypto transactions linked to the Palestinian militant group Hamas.

Alba Wheels Up International founder Salvatore Stile breaks down the impact that Houthi rebel attacks have had on international and domestic business.

Gaza, at meetings with the top diplomats from the two sides and key Arab states in Brussels. The surprise Hamas attack on October 7 on Israel and the subsequent devastating military response from Israel has plunged the Middle East into fresh turmoil and sparked fears of a broader conflict.

Brent crude experienced a 90-cent increase, reaching $79.46 per barrel by 1450 GMT. Simultaneously, the front-month US West Texas Intermediate crude futures contract for February delivery saw a $1.10 rise, reaching $74.42 per barrel in subdued trading conditions as the contract approached its Monday expiration. The March WTI contract, which was more actively traded, rose by 91 cents to reach $74.16.

United Arab Emirates and Bahrain in September 2020. Sudan normalised relations with Israel the following month and Morocco in December 2020. Negotiations between Israel and Saudi Arabia were disrupted by the war between Israel and Hamas which began in October 2023.