Iran’s supreme leader Ayatollah Ali Khamenei vowed to defeat the country’s “enemies” in his rare Friday sermon, backing Palestinians and Lebanese movements against Israel. Addressing a gathering of thousands of supporters at a mosque in central Tehran, Khamenei called the October 7 attacks as the “correct move. “No international law has the right to object…
A general view of Isfahan Refinery, one of the largest refineries in Iran and is considered as the first refinery in the country in terms of diversity of petroleum products in Isfahan, Iran on November 08, 2023. Fatemeh Bahrami | Anadolu | Getty Images Oil prices have jumped more than $5 a barrel since the…
Stocks slipped on Thursday as Wall Street awaited the key jobs report and dissected a slew of economic data ahead of it. Meanwhile, the possibility of an Israeli retaliatory attack against Iran’s oil facilities sent oil soaring for a third day. The S&P 500 (^GSPC) dropped almost 0.2%, while the Dow Jones Industrial Average (^DJI)…
RECASTS with scale of Israeli strikes on Beirut, ADDS Iranian foreign minister due in Beirut, Israeli and Lebanese quotes, Israeli sirens Israel bombarded south Beirut at least 10 times late Thursday, Lebanese sources said, after it launched its deadliest strike on the occupied West Bank in decades. The escalating assaults by Israel come as it…
The oil tanker ‘Devon’ prepares to transfer crude oil from Kharg Island oil terminal to India in the Persian Gulf, Iran, on March 23, 2018. Ali Mohammadi | Bloomberg | Getty Images Oil prices could shoot up $20 per barrel if Iranian production sees a hit resulting from Israeli retaliation, according to Goldman Sachs. U.S….
Published on Oct 04, 2024 09:22 AM IST The United States has dropped a big hint on possible strikes on Iranian oil facilities as Israel mulls a strong response to the October 1 missile blitz. US President Joe Biden was asked about the possible strikes on Iranian oil facilities. Biden said, “We’re discussing that.” Hebrew…
(Reuters) – Oil prices inched up in early Asian trading hours on Friday, holding on to their strong weekly gains, as investors weighed the Middle East conflict and the potential disruption in crude flows against an amply-supplied global market. Brent crude futures were up 9 cents, or 0.12%, to $77.71 a barrel as of 0010…
Just 33 days ahead of the election, a top Justice Department official is warning of an “onslaught of foreign election interference” from Russia, Iran and China. Matthew Olsen, head of the department’s National Security Division, said in an interview with CBS News that the U.S. is facing a multi-pronged offensive from the three nations. Among…
Biden said Israel’s response to Iran would not come on Thursday, but US officials declined to offer more detail. US officials say they have been having “a number of conversations” with their Israeli counterparts in the aftermath of Iran’s missile attack on Tuesday, but declined to say when or how Israel planned to respond, and…
US stocks (^DJI,^GSPC, ^IXIC) are under pressure after initial jobless claims data ticked higher. Oil prices (CL=F, BZ=F) are climbing once again as Wall Street reacts to President Biden’s remarks that revealed discussions taking place about Israel striking Iran’s oil facilities. This comes after Prime Minister Benjamin Netanyahu vowed to retaliate against Iran’s missile attack…