'Carefully monitoring': India on rising crude prices after Israel-Hamas war

Tel Aviv, Israel: Daniel Carmon, Former Israeli Ambassador to India says " A state of war was declared yesterday. A war launched by a terrorist organisation called Hamas from Gaza. A terrorist organisation that during the past years has gained both political strength and military strength. It has become an army and the surprise attack that happened yesterday hit the country of Israel. Hundreds of terrorists probably have infiltrated the territory of Israel. We don't have the final numbers yet, but we're talking about more or less 300 people being massacred. Children, elderly, women, men, families, people who were in the middle of a festival not far away from that massacre...Israel's response will not be very gentle. Israel will respond very forcefully. We appreciate very much the international support that we get from so many countries. Prime Minister Modi tweeted a very clear and unequivocal message of solidarity of the Indian people. This is something which is very important to us in such a difficult and tragic day that we are going through." #Israel #Hamas #GazaStrip #DanielCarmon #DanielCarmonOnIsraelConflict #DanielCarmonOnIsraelAttack #IsraelStateOfWar #IsraelGazaConflict #IsraelDefenceMinister #YoavGallant #OperationAlAqsaFlood #BenjaminNatanyahu #OperationIronSwords ~PR.152~ED.102~GR.124~HT.96~

War in the Middle East has the potential to cause oil prices to surge to $140 a barrel, leading to a global recession, warns Ana Boata, head of economic research...

Oil prices fell on Monday, undoing some of Friday's gains, as investors are cautious about the potential impact of the Israel-Hamas conflict on oil supplies and...

Oil prices dropped over 1% as concerns about the Israel-Hamas conflict affecting supply eased. Investors also adopted caution ahead of the US Federal Reserve...