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ImageHERE’S WHAT’S HAPPENINGExxon Mobil strikes an agreement to win regulatory approval of its $60 billion megadeal. Elsewhere, shares in Shell were up after the producer reported $7.7 billion in adjusted quarterly earnings, beating analyst expectations. The U.S. imposes sanctions on Chinese companies over military support for Russia’s war effort. The Biden administration announced on Wednesday nearly 300 sanctions, including on more than a dozen Chinese businesses, aimed at disrupting Moscow’s full-scale invasion of Ukraine. The culprit: pressure on prices, amid growing competition from Eli Lilly’s Zepbound, supply constraints and scrutiny from lawmakers.
Persons: Scott Sheffield, Biden, Janet Yellen, Antony Blinken, Eli Lilly’s Zepbound, James Comer, Comer Organizations: Labor Department, Exxon Mobil, Natural Resources, Wall Street, Novo Nordisk, Republican, European Commission Locations: Shell, U.S, Ukraine, Danish, Kentucky, iRobot
Nearing the end of a whirlwind Middle East trip this week, Secretary of State Antony J. Blinken finished meetings with the Israeli president and relatives of American hostages held by Hamas, left his beachside hotel in Tel Aviv and shook hands with protesters gathered outside. He looked them in the eye and said there was a new hostages-for-cease-fire deal on the table that Hamas should take. “Bringing your loved ones home is at the heart of everything we’re trying to do, and we will not rest until everyone — man, woman, soldier, civilian, young, old — is back home,” he said. That public show of empathy with frustrated protesters is something that Prime Minister Benjamin Netanyahu has avoided since the war began in October. And, lately, he has focused his recent public comments on an imminent ground offensive — an invasion of the city of Rafah in southern Gaza “with or without” a cease-fire deal, as the Israeli leader put it on Tuesday.
Persons: Antony J, Blinken, , Benjamin Netanyahu Organizations: Hamas Locations: Tel Aviv, Rafah, Gaza
Israeli Prime Minister Benjamin Netanyahu has long sought relations with Saudi Arabia, home of Islam’s holiest sites, as the move could domino across the wider Muslim world. The first component includes a package of agreements between the US and Saudi Arabia, another component has the normalization of relations between Saudi Arabia and Israel, and a third component for a pathway to a Palestinian state. The subsequent Israeli assault on Gaza, which has left the enclave in ruins and killed more than 34,000 Palestinians, may have changed the parameters of the deal for Saudi Arabia, analysts say. However, there has been no indication that the Biden administration would opt to bypass Congress for the bilateral agreement with Saudi Arabia to pass. Saudi Arabia is rich in uranium deposits and has insisted on being able to enrich it domestically, which would be a first for an Arab state.
Persons: Benjamin Netanyahu, Matthew Miller, ” Miller, Antony Blinken, , Blinken, Prince Mohamed bin Salman, Netanyahu, Biden, Prince Faisal bin Farhan, Israel, Lindsey Graham, ” Graham, Firas Maksad, , Jamal Khashoggi, ” Maksad, Crown Prince, Karen Young, Edward J, Markey Organizations: CNN, State, Saudi, State Department, Abraham Accords, Israel, MBS, Saudi Foreign, Republican, Senate, Bahrain, Biden, Strategic Outreach, Middle East Institute, Washington DC, Congress, Washington Post, Crown, Columbia University’s Center, Global Energy, Neighboring United, Democratic, Nuclear Weapons, NATO Locations: Saudi Arabia, United States, Israel, Iran, Russia, China, Palestinian, Gaza, , Riyadh, Saudi, Washington, Turkey, “ Saudi Arabia, Emirates, Bahrain, U.S
Ukrainian servicemen ride on an armored personnel carrier in a field near Chasiv Yar, Donetsk, on April 27, 2024, amid the Russian invasion of Ukraine. The United States on Wednesday issued hundreds of fresh sanctions targeting Russia over the war in Ukraine in action that took aim at Moscow's circumvention of Western measures, including through China. The U.S. Treasury Department imposed sanctions on nearly 200 targets and the State Department designated more than 80 in one of the most wide-ranging actions against Chinese companies so far in Washington's sanctions aimed at Russia. China's support for Russia is one of the many issues threatening to sour the recent improvement in relations between the world's biggest economies. "The Chinese side firmly opposes the U.S.'s illegal unilateral sanctions," he said.
Persons: Janet Yellen, Antony Blinken, Yellen, Liu Pengyu Organizations: The U.S . Treasury, State Department, The U.S, Treasury, World Trade Organization, U.S Locations: Chasiv Yar, Donetsk, Ukraine, United States, Russia, China, The U.S, The, Hong Kong, Washington, U.S
On a visit to Israel on Wednesday, Secretary of State Antony J. Blinken put the onus squarely on Hamas to accept the proposal. But Israeli officials have said, consistently and emphatically, that the offensive will take place. The number of Palestinians Israel is offering to free in exchange is unclear. More than 100 were released in a weeklong cease-fire in November, and Israeli officials say they believe that more than 30 — possibly many more — are dead. Gazan health officials say that Israel’s subsequent bombing and invasion have killed more than 34,000 people, and injured far more.
Persons: Osama Hamdan, Al Manar, , Antony J, Blinken, wouldn’t, , Yair Lapid, Benjamin Netanyahu, Mr, Hamdan, Biden, Netanyahu’s, ” Mr, Netanyahu, Israel Organizations: Israel, Hezbollah, Hamas, United Nations Locations: Jerusalem, Washington, Gaza, Lebanese, Israel, United States, Qatar, Egypt, Rafah, masse
CNN —Israeli Prime Minister Benjamin Netanyahu is coming under fierce pressure from far-right members of his government not to agree to the ceasefire proposal currently on the table, which could prevent an Israeli military offensive in Rafah from moving forward. Relatives and supporters of Israeli hostages protest in Tel Aviv, Israel, April 27, 2024. Jack Guez/AFP/Getty ImagesFormer Israeli Prime Minister and opposition leader Yair Lapid hit back at Strook’s remarks. In the first phase, between 22 and 33 hostages are to be released over several weeks in exchange for the pause and the release of Palestinian prisoners. A woman looks at a wall of photos of hostages captured by Hamas on October 7, displayed in Tel Aviv.
Persons: Benjamin Netanyahu, Antony Blinken, Biden, Benjamin Netanyahu’s, Orit Strook, Strook’s, Netanyahu mulls, Bezalel Smotrich, , Netanyahu, Jack Guez, Yair Lapid, , Benny Gantz, Gantz, ” Strook, Amir Levy, Blinken, Jordan, “ We’re, ” Blinken, Isaac Herzog, wouldn’t, Herzog, Joe Biden Organizations: CNN, Israeli, Israel’s Army, Hamas, Getty Locations: Rafah, Egypt, Gaza, Israel, Tel Aviv, AFP, , Saudi Arabia
The talks have been stalled for months, and Israeli officials said Monday that they had agreed to lower their demands. Mr. Blinken is scheduled to meet Mr. Netanyahu later. Mr. Blinken and other U.S. officials say Hamas has a narrow window to take the deal since Mr. Netanyahu is pressing for the offensive in Rafah. U.S. officials say they would prefer that Israel do targeted operations against Hamas leaders and fighters in Rafah, where Israeli officials say Hamas still has four battalions. “We want to see in the coming days this agreement coming together.”When asked about Mr. Netanyahu’s statements on Rafah, Mr. Blinken said that U.S. efforts were focused on a hostage and cease-fire deal.
Persons: Antony J, Blinken, Biden, Biden’s, Benjamin Netanyahu, Isaac Herzog of Israel, Netanyahu, Herzog, Mr, , Organizations: Israel, U.S, Hamas Locations: Gaza, Rafah, Tel Aviv, U.S, Israel, Jordan
Secretary of State Antony J. Blinken delivered twin messages to Hamas and Israel on Wednesday, pressing Hamas to accept a cease-fire proposal while at the same time urging Israeli leaders to put off a major ground invasion into the thickly populated southern Gaza city of Rafah. On the last day of a Middle East trip, his seventh visit to the region since the war began in October, Mr. Blinken tried to turn up the pressure on Hamas. “We are determined to get a cease-fire that brings the hostages home and to get it now, and the only reason that that wouldn’t be achieved is because of Hamas,” Mr. Blinken said at the start of a meeting in Tel Aviv with Isaac Herzog, the president of Israel. “There is a proposal on the table, and as we’ve said: No delays, no excuses. The time is now.”The proposed agreement calls for the release of 33 hostages in the initial stage of a cease-fire, and would lead to the release of Palestinian prisoners being held in Israel.
Persons: Antony J, Blinken, , wouldn’t, ” Mr, Isaac Herzog, Israel, we’ve Organizations: Israel, Mr Locations: Gaza, Rafah, Tel Aviv, Israel
One of the Israeli officials said those returning to the north would be subject to no inspections or limitations, while the second said there would be nearly no restrictions, without elaborating. It was not clear whether Hamas would accept the most recent Israeli proposal, which is part of negotiations that the two sides are conducting indirectly through mediators from Egypt and Qatar. The cease-fire talks were a focus of Secretary of State Antony J. Blinken as he visited Israel on Wednesday. The Israeli offer, according to one of the Israeli officials, doesn’t include language that refers explicitly to an end to the fighting. On Monday, The New York Times reported that, as part of its proposal, Israel had reduced the number of hostages Hamas would need to release in the initial phase of a deal.
Persons: hadn’t, Antony J, Blinken, we’ve, ” Mr, Isaac Herzog, Benjamin Netanyahu, Israel, Netanyahu, Bezalel Smotrich, Mr, doesn’t, , , Aaron Boxerman Organizations: Hamas, The New York Times, Mr, Finance Locations: Israel, Gaza, Egypt, Qatar, Rafah
CNN —The United States imposed sanctions on more than a dozen companies in China and Hong Kong for their support of Russia’s war in Ukraine as part of a tranche of nearly 300 new sanctions unveiled Wednesday. “The almost 300 targets being sanctioned by both Treasury and the Department of State include sanctions on dozens of actors that have enabled Russia to acquire desperately needed technology and equipment from abroad,” the Treasury Department said in a news release. The sanctions also hit targets within Russia, as well as Azerbaijan, Belgium, Slovakia, Turkey and the United Arab Emirates. The sanctions are aimed at cracking down on sanctions evasion and support for Russia’s military-industrial base and its biological and chemical weapons programs. The Treasury Department also targeted those involved in providing precursor materials to Russia used in explosives.
Persons: Janet Yellen, Antony Blinken, Organizations: CNN, Ukraine, Treasury, Department of State, Treasury Department, United, United Arab Emirates Locations: United States, China, Hong Kong, Ukraine, Russia, Azerbaijan, Belgium, Slovakia, Turkey, United Arab
A camp in Rafah in the southern Gaza Strip near the border with Egypt on Sunday. One official also suggested that Israel was using the threat of an imminent military maneuver to press the armed group into a hostage deal. Prime Minister Rishi Sunak of Britain spoke to Mr. Netanyahu on Tuesday, his office said in a statement. A senior Hamas official said on social media on Monday that the group was studying a new Israeli proposal. A Hamas delegation met with officials in Egypt’s intelligence service on Monday, according to a senior Hamas official, who spoke on condition of anonymity to talk about sensitive discussions between Hamas and Egypt.
Persons: Benjamin Netanyahu, Israel, Antony J, Blinken, Netanyahu, , , Netanyahu’s, Rishi Sunak, Adam Rasgon Organizations: Hamas, State Department, Mr Locations: Rafah, Gaza, Egypt, Gazan, United States, Qatar, Israel, Jordan
He is expected to meet with senior Israeli government officials, including Prime Minister Benjamin Netanyahu. US officials have signaled some optimism about the potential of reaching an agreement to secure a ceasefire and release of the hostages held by Hamas after Israel put forward what Blinken described Monday as an “extraordinarily generous” proposal. Israel is awaiting a response from Hamas before deciding whether to send its own delegation to Cairo. Blinken’s visit is his latest since the deadly Israeli strike on a World Central Kitchen aid convoy in Gaza in early April. “We have not yet seen a plan that gives us confidence that civilians can be effectively protected,” Blinken said Monday.
Persons: Antony Blinken, Benjamin Netanyahu, Israel, Blinken, ” Israel “, , , ” Blinken, Biden, Netanyahu Organizations: CNN, Israel Defense Forces Locations: Israel, Rafah, Gaza, Tel Aviv, Saudi Arabia, Jordan, Egypt, Qatar, Cairo
And Musk notably skipped a recent visit to India, underscoring how important China is for Tesla. AdvertisementElon Musk's two-day trip to Beijing looks like a mutually-beneficial win for Tesla and for China — and a snub for India. AdvertisementMusk needs China — but China also needs Musk, as a sign that the country is open for business with high-profile US companies. Musk's visit was going to include an announcement about Tesla entering India, Reuters reported. AdvertisementMusk's India visit would have been a win for Modi, who is seeking to boost India's status as a manufacturing hub, especially as businesses leave China.
Persons: Elon Musk, , Elon Musk's, China —, Premier Li Qiang, That's, Tesla, Dan Ives, Ives, India Musk, Janet Yellen, Antony Blinken, Musk, crackdowns, Bain —, Narendra Modi, Musk's, Modi Organizations: Tesla, Service, India, Premier, Baidu, Reuters, EV, FSD, Financial Times, China, Communist Party, Gucci, Apple Locations: China, Beijing, India, Shanghai
Prime Minister Benjamin Netanyahu of Israel vowed anew on Tuesday to launch an invasion into the southern Gaza Strip, even as a renewed push for a cease-fire agreement was showing glimmers of a potential breakthrough. After seven months of an Israel-Hamas war in Gaza, the United States, Qatar and several other countries have been hoping to broker a cease-fire, and Secretary of State Antony J. Blinken is visiting the Middle East to press for an agreement. But with Hamas arguing that any agreement should include an end to the war, and with right-wing politicians in Israel threatening to leave the government coalition if the long-planned incursion into the southern Gazan city of Rafah is delayed, Mr. Netanyahu said that Israel reserved the right to keep fighting.
Persons: Benjamin Netanyahu, Israel, Antony J, Blinken, Netanyahu Locations: Gaza, Israel, United States, Qatar, Gazan, Rafah
Construction of the temporary pier began at sea last week and the images show crew from several military vessels building the platform. Deputy Pentagon Press Secretary Sabrina Singh said Monday the pier will cost the US about $320 million. The temporary pier is intended to help deliver humanitarian aid to Gaza. Instead, the Israel Defense Forces will partner with the US military to anchor the causeway to the shore in Gaza “on day one,” the military official said. A working-level Israeli delegation of intelligence agencies and military officials is expected to travel to Cairo on Tuesday, the Israeli source and another Israeli official said.
Persons: Sabrina Singh, Joe Biden, Antony Blinken, Israel Organizations: CNN, United States Central Command, Planet Labs, Pentagon, Gaza . U.S . Central Command, U.S . Central Command, Israel Defense Forces, British Navy, Royal Navy, Food Programme, USAID, United Nations, PBC CNN, Integrated Locations: Gaza, Gaza . U.S, , Cardigan, Cyprus, British, Gaza’s Rafah, Rafah, Egypt, Israel, Cairo
Oil prices fell as reports on Monday indicated that Israel and Hamas could engage in cease-fire talks this week. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementOil prices dropped Monday with energy markets eyeing fading geopolitical risks as Israel and Hamas reportedly move toward cease-fire talks. Cease-fire discussions could begin as soon as Tuesday if both parties agree to meet Cairo, the report said. Analysts say they see as much as a 20% surge for stocks in the sector as conflict and supply disruptions keep prices elevated.
Persons: Antony Blinken, , Brent, Israel, David Rosenberg Organizations: Service, Hamas, West Texas Intermediate, The New York Times, United, Reuters, Bank Locations: Israel, Cairo, United States, Saudi Arabia, Rafah, Russia, Ukraine, OPEC
President Biden spoke with Prime Minister Benjamin Netanyahu on Sunday, three weeks after telling him that he could rethink U.S. support for Israel’s war in Gaza. An administration official said that about three-quarters of Mr. Biden’s nearly hourlong call to Mr. Netanyahu focused on the possible cease-fire and hostages deal. The two leaders also discussed hostage videos released by Hamas last week, including those showing two hostages with American citizenship. Israel, heeding pleas by Mr. Biden for restraint, fired back only a token counterattack, and both sides have indicated they want to avoid further escalation. With the immediate threat of a wider war seemingly fading, Mr. Biden and his team could shift their attention back to Gaza.
Persons: Biden, Benjamin Netanyahu, Antony J, Blinken, “ That’s, John F, Kirby, Biden’s, Netanyahu, Israel, Mr, Biden “, , Bernie Sanders, , Yahya Sinwar, ” Edward Wong Organizations: Israel, Hamas, State Department, Mr, Economic, White, ABC, Biden, American, , CNN, , U.S Locations: Gaza, Rafah, Washington, Saudi Arabia, Riyadh, Jordan, Israel, , U.S, Vermont, “ State, Iran
Why Elon Musk went to ChinaJust days after Secretary of State Antony Blinken traveled to Beijing and warned China about unfair trade practices, Elon Musk landed in the Chinese capital. 2 official may have paid off: Musk reportedly cleared two obstacles to introducing a fully autonomous driving system in the world’s biggest car market. Musk is betting big on self-driving, and China is key. Tesla last week reported its worst quarter in two years as a price war hurts profit. Fully autonomous driving is also crucial.
Persons: Elon Musk, Antony Blinken, Tesla, China’s, they’ve, Musk, Organizations: Elon Locations: China, Beijing
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBlinken's China visit went 'well and predictably,' says professorGraham Allison, Douglas Dillon professor of government at Harvard University and former assistant secretary of defense for policy and plans under the first Clinton administration, discusses U.S. Secretary of State Antony Blinken's visit to China and says "we're in a period of fairly intense conversations between the parties, and the relationship is becoming slightly more stable, even though fundamentally it remains a struggle between competition on the one hand and cooperation on the other."
Persons: Graham Allison, Douglas Dillon, Clinton, Antony Blinken's Organizations: Harvard University, U.S Locations: China
Israeli officials said today that they had reduced the number of hostages they were asking Hamas to free in exchange for a temporary cease-fire in the war in Gaza. For months, cease-fire talks have been at a standstill as Israel had demanded that Hamas release at least 40 hostages. Now Israeli officials say they are prepared to settle for only 33, in part because they believe that some of the 40 have died in captivity. Israel’s new offer included a 40-day cease-fire and the release of potentially thousands of Palestinian prisoners, according to Britain’s foreign minister. A mid-ranking delegation from Israel is planning to fly to Cairo tomorrow to resume talks if Hamas agrees to attend.
Persons: Antony Blinken Organizations: Hamas Locations: Gaza, Israel, U.S, Cairo
A view of the damaged buildings and streets after months of Israeli bombardment which have turned the city into piles of rubble and ash in Khan Yunis, Gaza on April 19, 2024. Crude oil futures fell Monday as the U.S. Secretary of State made a renewed diplomatic push in the Middle East to secure a cease-fire in Gaza and head off an Israeli offensive against Rafah. A successful cease-fire agreement would likely further ease the geopolitical risk premium factored into oil prices on fears that the war in Gaza could trigger a broader conflict in the Middle East that disrupts crude supplies. Here are today's energy prices:Secretary of State Antony Blinken held talks with Arab leaders in Saudi Arabia on Monday. He will travel to Israel and Jordan on Tuesday.
Persons: Antony Blinken, Jordan Organizations: U.S, State, Rafah Locations: Khan Yunis, Gaza, Saudi Arabia, Israel
CNN —The US State Department has determined that five Israeli security units committed gross violations of human rights prior to the outbreak of the war with Hamas in Gaza, but is still deciding whether to restrict military assistance to one of the units under US law. The other four “have effectively remediated these violations,” deputy State Department spokesperson Vedant Patel said Monday. The US is still deciding whether to restrict assistance to the remaining unit – reported to be the ultra-Orthodox Netzah Yehuda battalion. They have submitted additional information as it pertains to that unit, and we’re continuing to have those conversations,” Patel said. Patel also declined to detail the units or speak about specifics of the remediation process.
Persons: Vedant Patel, Netzah Yehuda, ” Patel, they’ve, , Antony Blinken, Leahy, Patel, Israel, , Benjamin Netanyahu Organizations: CNN, US State Department, Government, Leahy Law, State Locations: Gaza, Israel, United States
A working-level Israeli delegation of Mossad, Shin Bet and the Israeli military officials is expected to travel to Cairo on Tuesday, the Israeli source and another Israeli official said. Hamas has insisted that a permanent ceasefire and a full Israeli withdrawal from Gaza should be part of the agreement. But Israeli sources have characterized the latest Egyptian effort to broker a deal as the last chance to avert that offensive. “The only chance to stop Rafah is a deal,” the Israeli source familiar with the negotiations said. Twenty people, including at least one infant and a toddler, died following an Israeli airstrike over Rafah, Gaza, overnight into Monday, according to hospital officials.
Persons: Shin Bet, Yahya Sinwar, Antony Blinken, , Børge Brende, , Sameh Shoukry, Israel, ” Shoukry, Blinken, John Kirby, Biden, we’ve, “ They’ve, Benjamin Netanyahu, Joe Biden, Mahmmoud Basal, Hijazi Organizations: Jerusalem CNN, CNN, Mossad, Hamas, Economic, White, National Security Council, US, ABC, Israeli, Gaza Civil Locations: Riyadh, Jerusalem, Egypt, Israel, Gaza, Rafah, United States, Cairo, Saudi, , Israeli, Rafah “, Gaza City
President Biden and his national security team see a narrow window to finally seal an agreement that would at least temporarily halt the war in Gaza and possibly end it for good even as they deflect pressure from college campus protests to abandon Israel in its fight against Hamas. Several factors converging at once have renewed the administration’s hopes that it can break through the stalemate in the next week or two. Mr. Biden’s team wants to capitalize on the successful defense of Israel from Iranian attack, rising public pressure in Israel to free the hostages and Saudi eagerness for a new diplomatic and security initiative. The president’s advisers are pressing for a cease-fire deal before Israel can begin its long-threatened assault on the southern Gaza city of Rafah, an operation with the potential for many civilian casualties that could thwart any short-term chances of peace. But administration officials have gone down this road before over the last several months, repeatedly expressing optimism only to see the chances for a deal collapse.
Persons: Biden, Biden’s, Antony J, Blinken Organizations: Hamas, Israel Locations: Gaza, Israel, Rafah, Saudi Arabia
Israeli negotiators, offering a hint of hope for negotiations over a cease-fire in the Gaza Strip, have reduced the number of hostages they want Hamas to release during the first phase of a truce, three Israeli officials said on Monday. For weeks, cease-fire talks have been at a standstill. Hamas did not respond to a request for comment about whether it would send representatives to Cairo. A senior Hamas official said on social media on Monday that the group was studying a new Israeli proposal. The American secretary of state, Antony J. Blinken, who was meeting in Saudi Arabia on Monday with Arab diplomats, said the onus was now on Hamas.
Persons: Antony J, Blinken Organizations: Hamas Locations: Gaza, Israel, Cairo, Saudi Arabia
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