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Oil Prices Soar After Israel Kills Hamas Leader and Hezbollah Senior Commander

OilPrice.com Wednesday, 31 July 2024 ()
Geopolitical risk has well and truly returned to oil markets after Israeli strikes killed Hamas leader Ismail Haniyeh and senior Hezbollah military commander Fuad Shukr.  Oil prices spiked immediately on the news and have continued to climb, with WTI rising toward $77 and Brent breaking back well above $80. The first of Israel’s two strikes on Tuesday was an airstrike on Beirut targeting Fuad Shukr who Israel claimed was responsible for Saturday’s rocket attack on the Golan Heights which killed 12 civilians, most under the age…
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Video Credit: Oneindia - Published
News video: Ismail Haniyeh’s Death: Washington Rejects Involvement in Haniyeh Killing as Iran Berates Israel

Ismail Haniyeh’s Death: Washington Rejects Involvement in Haniyeh Killing as Iran Berates Israel 03:03

Hamas leader Ismail Haniyeh was killed in Tehran, allegedly by Israel. This incident marks a significant blow to Hamas and embarrassment for Iran. Haniyeh, based in Qatar, was visiting Iran for presidential inauguration events. The assassination has heightened tensions, with Iran vowing retaliation....

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Oil Prices Spike After Hamas Political Leader Killed in Iran

Crude oil prices were up early on Wednesday morning following reports that the leader of Hamas, Ismail Haniyeh was killed in Iran. Hamas confirmed the reports of...
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