Three Hongkongers have been evacuated from Lebanon with the help of the Chinese embassy, authorities have disclosed. Hong Kong’s Immigration Department said on Wednesday that the evacuation was coordinated with the foreign ministry’s office in the city and the Chinese embassy in Beirut. They were safely transported by vessel and a flight was arranged, a…
Any Israeli response to Iran’s missile barrage should be ‘proportional’, says the US president. United States President Joe Biden has voiced opposition to any strikes on Iran’s nuclear sites in response to Tehran’s missile attack on Israel. When asked by reporters on Wednesday whether he would back such retaliation, Biden stated “the answer is no”….
By Georgina McCartney and Liz Hampton HOUSTON/DENVER (Reuters) -The oil industry and markets have had a muted reaction to growing conflict in the Middle East, a sign of just how well stocked oil supplies are as U.S. output grows and OPEC+ prepares to lift production. The global oil benchmark Brent jumped 5% on Tuesday after…
Since the beginning of Israel’s attack on Lebanon, and especially the Friday killing of Hezbollah leader Hassan Nasrallah in Beirut, the mood in Iraq has been one of anger and mourning. 30-year-old Imad Qusay Abbas, from the Nineveh Plain to the north-east of Mosul in northern Iraq, said he received the news of Nasrallah’s killing…
Longshoremen carry signs and chant Tuesday, Oct. 1, 2024, outside the Bayport Container Terminal in Seabrook. Kirk Side | Houston Chronicle | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are….
European stock futures and Hong Kong shares advanced after more stimulus measures from China sparked a risk-on mood. Oil rose and gold hovered near a record after tensions flared up in the Middle East with Iran firing a barrage of missiles at Israel. An index of Chinese equities soared as much as 8.4%, the most…
The last time the Israeli military had boots on the ground in Lebanon was a debacle. The monthlong war that began in July 2006 saw Israeli soldiers bogged down in fierce fighting, as Hezbollah fighters led one tank column after the next into carefully prepared ambushes. At least 20 tanks were destroyed and 121 Israeli…
Iran’s missile attack on Israel is testing widely held bearish views on oil prices, with the strike raising concerns over potential supply disruptions from the Middle East should tensions increase further. Prime Minister Benjamin Netanyahu has threatened to retaliate to the barrage, and there’s a risk that could spur a tit-for-tat escalation. Brent crude surged…
Stock markets (^DJI, ^IXIC, ^GSPC) are experiencing sharp sell-offs as Middle East tensions escalate, following Iran’s launch of approximately 200 ballistic missiles at Israel on Tuesday. CFRA Research Chief Investment Strategist Sam Stovall joins to discuss the implications for markets. Stovall advises investors to consider the potential duration of the Middle East tensions. He observes,…
Russia slammed US after Iran’s missile attacks on Israel on Tuesday. Moscow: Russia on Tuesday said the United States’ approach in the Middle East was a “complete failure” after Iran launched a massive missile attack on Israel. “Complete failure of the Biden administration in the Middle East,” foreign ministry spokeswoman Maria Zakharova said in a…