Oil prices dip as ceasefire talks prompt market caution
Oil prices slid on Monday as investors weighed the potential impact of ceasefire discussions between Russia and Ukraine, which could lead to an increase in Russian oil entering global markets.
Oil prices slid on Monday as investors weighed the potential impact of ceasefire discussions between Russia and Ukraine, which could lead to an increase in Russian oil entering global markets.
Israel has launched a series of airstrikes on Gaza, following the collapse of negotiations to extend a ceasefire. The strikes have resulted in significant casualties, while efforts to resume peace talks remain stalled.
Ukraine’s acceptance of a U.S. ceasefire proposal has salvaged its strained ties with Washington, securing the resumption of military aid and intelligence sharing. However, fundamental issues in the conflict with Russia remain unresolved.
World leaders welcomed the 30-day ceasefire proposal that Ukraine has agreed to, calling it a step toward ending the conflict with Russia.
Israel blocked the entry of aid trucks into Gaza on Sunday as a standoff over the truce that has halted fighting for the past six weeks escalated, with Hamas calling on Egyptian and Qatari mediators to intervene.
An Israeli delegation is in Cairo negotiating to extend the first phase of the Gaza ceasefire beyond Saturday, rather than moving into the next phase as Hamas demands, two Egyptian security sources said Friday.
Israel has begun mobilising military reservists as tensions rise over a looming deadline for Hamas to free Israeli hostages. U.S. President Donald Trump has warned that failure to release captives by Saturday will lead to renewed conflict.
Mossad, Shin Bet officials to resume negotiations as Israel awaits Hamas’ list of detainees amid concerns about Trump’s Gaza remarks.
In Gaza, another group of patients is preparing to leave the enclave to receive medical attention abroad. According to the World Health Organization, thousands in Gaza need medical evacuation.
Israel escalated airstrikes on Gaza just hours after a ceasefire deal was announced, set to begin Sunday. The agreement, brokered by Qatar, Egypt, and the U.S., calls for a six-week truce and the exchange of hostages and prisoners.
After 15 months of conflict, Israel and Hamas have agreed to a ceasefire that could halt the war in Gaza. The deal, brokered by the U.S. and Qatar, includes a hostages-for-prisoners exchange and a surge in humanitarian aid, offering a fragile hope for peace.
A ceasefire deal in Gaza is very close to completion, according to the US President Joe Biden. Speaking at the State Department Biden highlighted his administration's ongoing efforts to broker a deal between Israel and Hamas.
Protests erupted in Israel as negotiators announced a breakthrough in talks to end the Gaza conflict and secure the release of hostages. Some family members of the captives voiced concerns over the terms of the proposed deal, while others voiced their optimism.
The Lebanese army has sent troops to southern Lebanon on Wednesday. It's part of a U.S.-brokered ceasefire with Hezbollah aimed at de-escalating tensions.
The ceasefire between Israel and Hezbollah, effective this morning, aims to end 14 months of conflict. Brokered by the U.S. and France, it calls for a two-month pause, with both sides withdrawing to their borders.
World leaders have reacted to the ceasefire agreement between Israel and Hezbollah, which came into effect this morning. Many have expressed hope that the deal will bring greater stability to the region and encourage further diplomatic efforts.
A total of 127 countries have joined the ceasefire call thus far
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