Oil Market Blind-sided By Israel's War On Hamas

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The situation in energy markets bears a striking resemblance to the Russian military buildup on Ukraine's borders in 2022, when nobody believed anything significant would happen

Israel is on the brink of a full invasion of the Gaza Strip, with the Israeli Armed Forces IDF prepared to implement a range of military strategies. While regional tensions are escalating, a full-scale war has not yet erupted on Israel's northern borders with Lebanon and Syria, involving Hezbollah, a Shia terrorist organization, and its supporters. Diplomatic pressure from the USA and Arab nations is currently preventing Hezbollah from launching a large-scale offensive.

Related Europe’s LNG Imports Set To Surge By 30% In November Since the Hamas terrorist attack on Israel, US forces in the Middle East have been repeatedly targeted by missiles, drones, and rockets in Iraq, Syria, and even in response to Yemen-based missile launches in the Red Sea region. All these attacks have been linked to Iranian-backed operations. Washington's recent call for US citizens to evacuate Lebanon and other Arab capitals should not be underestimated.

 

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