Israel Financial News

Kharg Island, home to the country's main export terminal, and held talks with a naval commander on Sunday, the oil ministry's news website Shana reported, amid concern Israel could attack energy facilities. An Israeli military spokesman said on Saturday that Israel would retaliate in response to last week's missile attack by Tehran «when the time is right». U.S. news website Axios cited Israeli officials as saying Iran's oil facilities could be hit, while U.S. President Joe Biden said on Friday that he did not think Israel had yet concluded how to respond.

The families of such students are deeply perturbed over the unfolding of events, especially in the backdrop of the escalation in the Israel-Hezbollah conflict and Israel-Hamas war. Iran fired around 200 missiles into Israel on October 1 in response to Israel's killing of Hezbollah chief Hassan Nasrallah and other commanders of the militant outfit. Following the Iranian action, Israeli Prime Minister Benjamin Netanyahu said Iran will «pay» for it.

Since graduating with a degree in economics from the University of Birmingham in 2018, Joel has worked as a financial market/cryptocurrency analyst. He firmly believes that emerging crypto technology...

Since graduating with a degree in economics from the University of Birmingham in 2018, Joel has worked as a financial market/cryptocurrency analyst. He firmly believes that emerging crypto technology...

Since graduating with a degree in economics from the University of Birmingham in 2018, Joel has worked as a financial market/cryptocurrency analyst. He firmly believes that emerging crypto technology...

Hezbollah in Lebanon overnight and was assessing the damage on Friday after a series of strikes on senior figures in the group that Iran's Supreme Leader dismissed as counterproductive. The air attack on Beirut, part of a wide assault that has driven more than 1.2 million Lebanese from their homes, was reported to have targeted the potential successor to the leader of Hezbollah assassinated by Israel a week ago. Hashem Safieddine's fate was unclear and neither Israel nor Hezbollah have offered any comment.

Houthi media said seven strikes hit the airport in Hodeida, a major port city, and the Katheib area, which has a Houthi-controlled military base. Four more strikes hit the Seiyana area in Sanaa, the capital, and two strikes hit the Dhamar province. The Houthi media office also reported three air raids in Bayda province, southeast of Sanaa. The strikes come just days after the Houthis threatened «escalating military operations» targeting Israel after they apparently shot down a US military drone flying over Yemen. And just last week, the group claimed responsibility for an attack targeting American warships.

Harvey Hunter is a Junior Content Creator at Cryptonews.com. With a background in Computer Science, IT, and Mathematics, he seamlessly transitioned from tech geek to crypto journalist.

Sam is a financial journalist with a focus on cryptocurrency market news, based in London. With a Master’s Degree in Development Management from the London School of Economics, Sam’s passion for...

Middle East, India on Friday said that it has not yet initiated an evacuation process to bring back Indians from Israel, Iran, and other countries in the region. During the weekly briefing, Ministry of External Affairs (MEA) spokesperson Randhir Jaiswal emphasised that flight services are still available for those who wish to return to India. Jaiswal further talked about India's stance on the ongoing tensions, saying «We issued a statement a few days back expressing deep concern — we said that the violence and the situation is of deep concern for us. We had reiterated a call for restraint by all concerned and also the protection of civilians.»

Asian shares are mixed after worsening tensions in the Middle East sent shares lower on Wall Street

ballistic missiles and was largely thwarted by Israel's air defense systems. Below are some ways Israel, backed by the United States, could strike back.

Israel's military campaign to eradicate Hamas in retaliation for the October 7 attack has weakened it by killing several of its leaders and thousands of fighters, and by reducing swaths of the territory it rules to rubble. But the Palestinian militant group has not been crushed outright, and a year on from its unprecedented attack on Israel, an end to its hold over Gaza remains elusive. Hamas sparked the Gaza war by sending hundreds of fighters across the border into Israel on October 7, 2023, to attack communities in the south.

oil prices headed for their sharpest weekly gain in more than a year, as escalating tensions in the Middle East kept markets on edge ahead of a U.S. jobs report later in the day. U.S. President Joe Biden said on Thursday that the U.S. is discussing strikes on Iran's oil facilities as retaliation for Tehran's missile attack on Israel, while Israel's military hit Beirut with new air strikes in its battle against Lebanese armed group Hezbollah.

Since graduating with a degree in economics from the University of Birmingham in 2018, Joel has worked as a financial market/cryptocurrency analyst. He firmly believes that emerging crypto technology...

Arslan Butt is an experienced webinar speaker, market analyst, and content writer specializing in crypto, forex, and commodities. He provides expert insights, trading strategies, and in-depth analysis...

Crude prices jumped on worries about worsening tensions in the Middle East, while U.S. stocks pulled back further from their records

Since graduating with a degree in economics from the University of Birmingham in 2018, Joel has worked as a financial market/cryptocurrency analyst. He firmly believes that emerging crypto technology...

fertiliser prices, shipping through the Straits of Hormuz in addition to the current disruptions in the Red Sea, the peace and tranquillity in the Gulf and West Asia, and even the US presidential elections. The conflict has seen a step-bystep escalation, starting with the Hamas attack of October 7 last year. Israel, in response, has continued with its air and ground operations in Gaza. More than 40,000 have died from this action, nearly two million displaced and property and infrastructure severely damaged. The population there is suffering from food shortages and break down of health care. Intense multi-country efforts for ceasefire, led by the US, Egypt and Qatar, have floundered, buffeted by Israeli desire for a permanent end or irreplaceable degradation of Hamas military and governance structures, and countervailing Hamas’ demands for the ceasefire to be ‘permanent’. Around 100 Israelis remain hostages since October 7with no clarity on how many may still be alive. Anger against Israel and criticism of its actions in many countries has only grown.

Joe Biden said the US would not support disproportionate Israeli retaliation against Iran's missile attacks. Separately, US Federal Reserve chair Jerome Powell indicated subsequent interest rate cuts would not be as steep as the half-a-percentage-point initial drop. The US is not only keeping capital markets reasonably calm through its geopolitical stand and monetary policy, but it has also capped a spike in oil prices by adding impressive inventory.

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