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Oil climbs as Gaza tensions rise, Saudi Arabia hikes prices
Credit: IndiaTimes- Published 2 weeks ago
Oil futures rose on Monday following an increase in June crude prices by Saudi Arabia for most regions. There are concerns that the Israel-Hamas conflict could escalate further in the important oil-producing region due to slim chances of a Gaza ceasefire agreement. Brent crude futures increased by 77 cents, or 0.9%, to reach...
Video credit: Oneindia
Published 2 weeks ago - 03:03
Israel’s Rafah Invasion: Saudi’s stark warning against the Rafah Ground Offensive | Details
Amid rising tensions, Saudi Arabia issues a stern warning to Israel against conducting a ground operation in Rafah City, Gaza. Israeli forces take control of Gaza's Rafah crossing with Egypt, leading to reports from Palestinians of extensive overnight attacks by the Israeli Air Force. The IDF confirms the airstrikes, stating they targeted Hamas and other militant sites. Saudi Arabia condemns Israel and expresses serious concern about the potential humanitarian catastrophe in Rafah City, accusing Israel of 'genocide'.
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