Syria Financial News
22.10 / 06:13
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Israeli strikes knock out Damascus, Aleppo airports: Syria state media
Israeli strikes on Sunday put out of service war-torn Syria's two main airports, state media reported citing a military source, with the transport ministry saying flights were re-routed to Latakia. While Israeli strikes have repeatedly caused the grounding of flights at the government-controlled airports in the capital Damascus and the northern city of Aleppo, it is the second time simultaneous strikes have hit the facilities since this month's conflict between Israel and Hamas began. «At around 5:25 am (0225 GMT), the Israeli enemy carried out… an air attack… targeting Damascus and Aleppo international airports, leading to the death of a civilian worker at Damascus airport and wounding another,» the military source said in the statement carried by state news agency SANA. «Material damage to the airports' runways put them out of service,» the statement added.
22.10 / 06:13
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Gold gains for second consecutive week as Middle-East tension intensifies
Middle East, which has created significant uncertainty in financial markets. The week began with a slight dip in COMEX gold prices, but a remarkable one-sided rally ensued.
21.10 / 15:13
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Oil reports second straight weekly gain on Israel-Hamas concerns; Brent settles lower at $92/bbl
₹7,357 per bbl, having swung between ₹7,317 and ₹7,474 per bbl during the session so far, against a previous close of ₹7,330 per barrel. Also Read: Indian crude basket to average $87/bbl, OMCs to bear the brunt as oil surges 6% over Israel-Hamas war -Supporting oil prices were wide forecasts of a tightening market in the fourth quarter after top producers Saudi Arabia and Russia extended supply cuts of around 1.3 million barrels per day (bpd) till the end of the year.
20.10 / 06:51
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U.S. shoots down missiles, drones fired from Yemen as Middle East tensions grow
Israel Thursday and American bases in Iraq and Syria were repeatedly targeted by drone attacks.The USS Carney, a Navy destroyer in the northern Red Sea, intercepted three land attack cruise missiles and several drones that were launched by Houthi forces in Yemen. The action by the Carney potentially represented the first shots by the U.S. military in the defense of Israel in this conflict.Brig.
18.10 / 12:20
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Crude Oil: Will Israel-Hamas Conflict Escalation Fuel a Surge Past $100?
In recent weeks, the Middle East has plunged into its most significant conflict in decades. The catalyst for Israel's military action was a series of brutal Hamas terrorist attacks and rocket fire, primarily affecting civilians.
18.10 / 02:11
17.10 / 14:53
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A short history of Gaza
attacked Israel, killing 1,300 people and taking dozens of hostages. Israel has responded with force: strikes on Gaza had killed around 1,400 Palestinians by October 12th. Residents of the strip, a 360-square-kilometre block of land wedged between Egypt, Israel and the Mediterranean, are no strangers to tragedy.
17.10 / 06:55
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America Isn’t at War, but Iran Is
As the Israel Defense Forces prepare to move into Gaza to destroy Hamas, one truth cuts through the fog: The greatest obstacle to peace in the Middle East is the Islamic Republic of Iran. When I worked for President George W. Bush, he would remind us that al Qaeda was at war with America long before we were at war with them.
17.10 / 05:55
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Putin begins visit in China underscoring ties amid Ukraine war and Israeli-Palestinian conflict
Russian President Vladimir Putin has arrived in Beijing on a visit that underscores China’s support for Moscow during its war in Ukraine as well as Russian backing for China’s bid to expand its economic and diplomatic influence abroad through its decad...
16.10 / 22:55
16.10 / 13:35
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Putin's visit to Beijing underscores China’s economic and diplomatic support for Russia
Russian President Vladimir Putin is expected to meet this week with Chinese leaders in Beijing on a visit that underscores China’s support for Moscow during its war in Ukraine
16.10 / 12:15
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Commodities Week Ahead: Oil in Wary Trading, Eyes Iran Role in Mideast War
That one of the world’s fiercest wars now is being fought right next some of the biggest oil exporters probably justifies some geopolitical risk to be attached to crude prices. But a daily move of up to a few percent will require the supply of oil itself to be impacted — not just hypothetically but in real barrel terms.
15.10 / 16:53
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Pain of West Asia needs salve of humanitarianism
Jumma (Friday), but decided against it as a result of some “back door diplomacy". By killing innocent hostages, Hamas could risk losing support in the Islamic world. Millions had taken to the streets in Jordan’s capital Amman after Friday prayers to protest against the bombardment of Gaza.
15.10 / 16:09
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Israel-Hamas war: Evacuation deadline over, IDF awaiting ‘political nod’ for Gaza ground offensive; what we know so far
head towards the southern part of the region, between 10 am and 1 pm local time. Once the deadline exhausted, the IDF warned that it would “implement a wide range of offensive operative plans" in the region to target the Hamas militants. - The ground invasion, which would reportedly involve 10,000 soldiers along with aerial and naval forces, will be set off following “a political decision", military spokesmen Lieutenant Richard Hecht and Daniel Hagari said in a press briefing.
15.10 / 06:35
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Palestinian deaths soar past 2,300, making it deadliest of five wars for Gaza
Gaza Health Ministry says 2,329 Palestinians have been killed since the latest fighting erupted, making this the deadliest of the five Gaza wars for Palestinians. The death toll on Sunday surpassed that of the third war between Israel and Hamas, in the summer of 2014, when 2,251 Palestinians, including 1,462 civilians, were killed, according to U.N.
15.10 / 03:29
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Diplomatic tensions rise as Iran warns Israel amid Gaza conflict; Top updates
Axios. This comes as the diplomatic sources said that on Saturday in Beirut, the capital city of Lebanon, Iranian Foreign Minister Hossein Amir-Abdollahian met with UN ambassador to the Middle East Tor Wennesland.
15.10 / 02:43
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Reuters' Issam Abdallah covered world's biggest events with bravery and insight
BEIRUT (Reuters) — Reuters visuals journalist Issam Abdallah, 37, who was killed on Friday while filming Israeli missile attacks at the Israeli-Lebanon border, brought courage, compassion and insight to his work covering some of the biggest news stories of the past decade.
14.10 / 19:03
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SOLIDARITY
What is Hamas? A closer look at the group behind deadly attack on Israel
Israeli Prime Minister Benjamin Netanyahu has vowed to “crush and destroy” the militant group Hamas in response to its surprise weekend attack that has shaken the Middle East and the world.
14.10 / 17:05
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Iran's foreign minister warns Israel from Beirut it could suffer ''a huge earthquake''
Israel to stop its attacks on Gaza, warning that the war might expand to other parts of the Middle East if Hezbollah joins the battle, and that would make Israel suffer «a huge earthquake.» Hossein Amirabdollahian told reporters in Beirut that Lebanon's Hezbollah group has taken all the scenarios of a war into consideration and Israel should stop its attacks on Gaza as soon as possible. Israel considers Hezbollah its most serious immediate threat, estimating it has some 150,000 rockets and missiles, including precision-guided missiles that can hit anywhere in Israel.
14.10 / 09:49
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Israel faces multi-pronged Middle East war? Iran warns of ‘axis’ response as Hezbollah says it's ‘fully prepared'
AFP report, Hezbollah deputy chief Naim Qassem said, "We, as Hezbollah, are contributing to the confrontation and will (continue) to contribute to it within our vision and plan," Qassem told a pro-Palestinian rally in Beirut's southern suburbs. "We are fully prepared, and when the time comes for action, we will take it," he said.
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