Oil jumps as Iran steps up rhetoric with call for Israel embargo

Israel Reveals , 3-Phase Plan for , Military Campaign in Gaza. Al Jazeera reports that Israeli Defense Minister Yoav Gallant said that the planned military assault on Gaza is intended to end the country's responsibility over Palestinian territory. Al Jazeera reports that Israeli Defense Minister Yoav Gallant said that the planned military assault on Gaza is intended to end the country's responsibility over Palestinian territory. 2.3 million residents in Gaza have been almost completely cut off from the outside world amid a siege by Israel, which controls most of its land and sea borders. Israel's defense minister spoke before a parliamentary committee on October 20. According to Gallant, Israel plans to establish a "new security reality" in Gaza with a three-phase military campaign. Gallant said that the first phase involves the destruction of military infrastructure belonging to Hamas, which is already underway. The next phase reportedly would include "lower intensity" missions aimed at destroying "pockets of resistance.". The third phase will require the removal of Israel’s responsibility for life in the Gaza strip, and the establishment of a new security reality for the citizens of Israel, Yoav Gallant, Israel's defense minister, via Al Jazeera. The third phase will require the removal of Israel’s responsibility for life in the Gaza strip, and the establishment of a new security reality for the citizens of Israel, Yoav Gallant, Israel's defense minister, via Al Jazeera. Al Jazeera reports that despite suggestions that a ground assault may be imminent, officials have offered no exact timeline for when the battle could begin. Al Jazeera reports that despite suggestions that a ground assault may be imminent, officials have offered no exact timeline for when the battle could begin. According to experts, a ground offensive is likely to be an extreme challenge for Israeli military forces. Meanwhile, Iran has warned that an Israeli ground assault on Gaza could trigger a wider regional conflict, with other militant groups joining the battle alongside Hamas. Meanwhile, Iran has warned that an Israeli ground assault on Gaza could trigger a wider regional conflict, with other militant groups joining the battle alongside Hamas