Hamas' assault on Israel drove oil prices higher on Monday as markets priced in fears of a wider conflict in the Middle East, a day after Israel pounded the ...
LONDON - Hamas' assault on Israel drove oil prices higher on Monday as markets priced in fears of a wider conflict in the Middle East, a day after Israel pounded the Palestinian enclave of Gaza in retaliation for one of the bloodiest attacks in its history.
- The safe-haven dollar and Japanese yen edged higher. The dollar index was at 106.32, a touch firmer on the day."The events over the weekend and the Hamas atrocities in Israel, and the latter’s reaction to them and subsequent declaration of war, have prompted a move into the U.S. dollar, gold as well as a modest bid into bonds, as concerns over escalation risks move to front of mind.
"This being said, potential retaliation against Tehran is a serious upside risk for oil prices. We will keep an eye on developments, but don’t speculate on a full-blast rise in oil prices for now."Disturbing video shows a 25-year-old woman begging Hamas fighters not to kill her as she's taken hostage and driven into Gaza on a motorbike
A video shows the Israeli Navy blasting Hamas motorboats as they raced toward the coast, killing dozens, says the IDF A video appears to show at least a dozen Israeli soldiers involved in huge gunfight on a highway in second day of fighting Iran’s Islamic revolutionary government will derive great satisfaction from yesterday’s surprise attack launched by Hamas militants against Israel. Since the Iranian revolution back in 1979, the sine qua non for Iran’s Islamic rulers has been the complete destruction of the Jewish state. To this end, Tehran has directed tens if not hundreds of millions of dollars into Hamas’s coffers to assist the militant Palestinian movement in its unrelenting quest to destroy Israel.
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