live Oil prices fall as Iran vows retaliation over U.S. sanctions
Oil prices fell after the U.S. expanded economic sanctions on Iran, as Tehran vowed to retaliate and warned it had tools to respond, raising concer...
At least 22 Palestinians were killed Saturday in a series of Israeli airstrikes targeting homes and a civilian vehicle across several areas of the Gaza Strip, marking a new violation of the ceasefire that has been in place since October 10.
Civil Defense says women, children among those killed in multiple attacks that violated cease-fire in place since 10 October.
Gaza Civil Defense spokesperson Mahmoud Bassal said women, children, and elderly people were among the victims, with some attacks destroying entire buildings.
“Five people were killed and others wounded after an Israeli drone strike targeted a civilian vehicle near the Abbas Junction in western Gaza City,” Bassal said.
In the same city, four Palestinians were killed when a strike hit a home on al-Labbabidi Street. Two more were killed near the Bilal bin Rabah Mosque in western Deir al-Balah, while three died when a home next to Al-Awda Hospital in Nuseirat refugee camp was struck. Seven Palestinians were also killed in Camp 2 in Nuseirat after an airstrike hit a residential building. Bassal did not provide details on additional fatalities.
Israeli forces also shot and injured three Palestinians near al-Bureij in central Gaza and Jabalia in the north, medics said. The Israeli army stated it had “eliminated” a gunman who allegedly crossed the yellow line.
At dawn, Israeli forces carried out additional strikes in eastern Rafah, Khan Younis, al-Bureij, Deir al-Balah, and neighborhoods in eastern Gaza City, including Tuffah and Shujaiya. The military detonated booby-trapped vehicles and targeted residential buildings in areas under Israeli control, witnesses said.
Since October 2023, Israeli operations have killed nearly 70,000 people in Gaza, mostly women and children, injured more than 170,800, and left much of the enclave in ruins. The October 10 ceasefire temporarily halted large-scale attacks, but recent strikes show a resumption of hostilities in and around the yellow line.
Oil prices fell after the U.S. expanded economic sanctions on Iran, as Tehran vowed to retaliate and warned it had tools to respond, raising concerns over potential disruption to regional oil supplies.
Ukraine’s President Volodymyr Zelenskyy said on Monday that Kyiv wants peace but will not surrender to Russia, as foreign leaders joined Independence Day events marking 35 years since Ukraine’s independence.
Kyiv has recently received a small number of U.S.-made Patriot interceptors capable of downing Russian ballistic missiles, Ukrainian President Volodymyr Zelenskyy has said. It comes as Britain and France pledged stronger military support for Ukraine.
Only four commodity vessels crossed the Strait of Hormuz on Sunday, following 13 transits a day earlier, as disruptions continue to restrict traffic through the key energy chokepoint.
A newly created pro-government political party has secured a commanding victory in Kazakhstan's snap parliamentary election, according to exit polls, strengthening President Kassym-Jomart Tokayev's influence at a pivotal moment in the country's political transition.
Kyiv has recently received a small number of U.S.-made Patriot interceptors capable of downing Russian ballistic missiles, Ukrainian President Volodymyr Zelenskyy has said. It comes as Britain and France pledged stronger military support for Ukraine.
Canada has announced nearly $20 billion in retaliatory tariffs on U.S. goods and billions in support for workers and businesses, escalating its trade dispute with Washington after President Donald Trump's latest duties took effect.
Pakistani exporters are facing soaring shipping costs to the U.S., with freight rates more than tripling on some routes as the Iran-U.S. conflict drives up war-risk insurance and fuel costs.
The trial of a Libyan man accused of building the bomb that destroyed Pan Am Flight 103 over the Scottish town of Lockerbie in 1988, killing 270 people, has been postponed by a U.S. federal judge.
France and Saudi Arabia have agreed on plans for a $7 billion manga-themed amusement complex near Paris, inspired by the hugely popular Japanese franchise Dragon Ball Z.
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