Oil prices became a subject of debate after the conflict between Israel and Hamas. This news is circulating on the Internet and is attracting people’s attention. Oil rises on supply concerns after conflict between Israel and Hamas. This is a shocking time for everyone and countries are struggling due to price increases. As tensions rose rapidly in the Middle East following Hamas’s surprise attack on Israel over the weekend, crude oil prices rose on concerns of a wider conflict. People are looking for news about oil pirates. What happened? What is actually behind this news? Let’s continue the article.
According to the report, if we talk about oil prices. Oil prices rose 5% as tight supply pushed crude to $89 a barrel and U.S. futures topped $87 a barrel. Natural gas prices in Europe also rose after Israel ordered the shutdown of the Tamar gas field operated by Chevron Corp. in the eastern Mediterranean. The latest Middle East dispute is active at a time of constant geopolitical concerns and tensions over economic development. There are still a few things left to tell you about the news that you will find in the next section of the article.
Based on the report, the realignment of Israel and the Palestinian Islamist group Hamas has become a subject of tension, and the political balance has been disturbed due to this struggle. The result came from this because the Global Investigators don’t feel good about taking any risk. In addition, the Israeli military mentioned on Monday that it attacked Islamic Jihad targets in Gaza, and several were kidnapped in the Gaza Strip overnight in retaliation. They shared that it was the bloodiest attack in its history. Scroll down the page to find out more information about the news.
Furthermore, Israel also mentioned that its troops had killed armed infiltrators entering the country from Lebanon, raising fears that the fighting could spread to another front. , US stock indexes gained on Wall Street on Monday. At 11:33 a.m. ET, the Dow Jones Industrial Average was down 13.18 points, or 0.04%, at 33,394.40. The S&P 500 was down 6.67 points, or 0.15%, at 4,301.83. In addition, the Nasdaq Composite fell by 75.77 points, or 0.56%, to 13,355.57. We have shared all the news details that we have fetched from other sources to make this article for the readers. If we receive further details, we will notify you first on the same site. Stay tuned for more updates.
Categories: Trends
Source: HIS Education