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☆ Travel news: Living the Italian dream just got easier, thanks to a new visa
▼ + stars: | 2024-05-04 | by ( Maureen O'Hare | ) edition.cnn.com time to read: +5 min

CNN —In travel news this week: submersible superyachts for billionaires, the megahub airport that could be the world’s busiest, plus new digital nomad visas in Turkey and Italy. New digital nomad visasPacking up your life and making a fresh start abroad is a dream for many, and new visa programs and tax incentives are making it a bit more achievable. Portugal, Spain and Costa Rica are some of the countries with popular digital nomad visas, and now there are two new options for remote workers. Turkey’s vibrant cities and glorious coastline can be enjoyed with its new digital nomad visa which is open to citizens of 36 countries, including the United States, Canada, France and the United Kingdom, ages 21 to 55. Italy’s long-anticipated digital nomad visa is also now accepting applications.

Persons: you’re, Hopper, he’d, “ It’s, ”, Latronico, there’d Organizations: CNN, European Union, European Economic, KSL, Mount Fuji Locations: Turkey, Italy, Portugal, Spain, Costa Rica, United States, Canada, France, United Kingdom, Italian, Italy London, Texas, Costa, Los Angeles, Basilicata, Austrian, Utah, Indonesia, Caicos, Mull, Kintyre, Miami

☆ Mexico questions three people over missing American and Australian tourists
▼ + stars: | 2024-05-03 | by ( Sandi Sidhu | Chris Lau | ) edition.cnn.com time to read: +3 min

CNN —Concerns are growing for a trio of missing tourists, including a US citizen, as Mexican authorities question three people in connection with their disappearance. American Jack Carter Rhoad and Australian brothers Jake and Callum Robinson were reported missing on April 29, according to the Baja California’s prosecutors’ office. Baja California has been plagued by cartel violence in recent years, though it rarely occurs in tourist areas like Ensenada. Jake Robinson/Instagram“Australian friends Jake and Callum Robinson have gone missing around Rosarita/Ensenada region of Baja California Norte Saturday morning,” Debra Robinson posted on Instagram alongside a photo of her two sons. And we just hope for a positive outcome.”Mexican authorities are liaising with US and Australian authorities, the Baja California state attorney’s office said.

Persons: Jack Carter Rhoad, Jake, Callum Robinson, Maria Elena Andrade Ramirez, Jake Robinson, Instagram, ” Debra Robinson, “, Callum, Anthony Albanese, they’ve, ” Organizations: CNN, ”, Seven, team, Australian Locations: Ensenada, Tijuana, Baja California, Perth, Western Australia, Rosarita, Baja California Norte, San Diego , California

☆ Opinion: Unable to ‘win’ in Gaza, Israel sets its sights elsewhere
▼ + stars: | 2024-05-02 | by ( Opinion Hussein Ibish | ) edition.cnn.com time to read: +10 min

CNN —An eerie relative calm has descended on the Middle East — Gaza obviously excluded — since a highly alarming exchange of missile, rocket and drone attacks by Israel and Iran in recent weeks. Now, the recent exchange of direct military attacks with Iran might have sealed Lebanon’s fate, unless team Biden can restrain Israel. On April 1, Israel struck an Iranian diplomatic facility in Damascus, killing a number of senior Iranian officials including Brig. As Israel’s forces moved south through Gaza, obliterating Hamas brigades with relative ease, its thinking relatively quickly turned north again. If this happens, a primary US goal regarding the Gaza war — conflict containment — would be shattered not by Washington’s adversaries, but ironically by its closest regional partner.

Persons: Hussein Ibish, Read, Biden, Israel, Mohammad Reza Zahedi, Haji Rahimi, Hossein Amirollah, Louai Beshara, Benjamin Netanyahu, Yoav Gallant, Charbel Mallo, Israel —, Joe Biden Organizations: Gulf States Institute, Israel, CNN, Biden, Hezbollah, Brig, Iran’s, Quds Force, Getty, Iranian, Israeli Locations: Washington, East, Gaza, Israel, Iran, Lebanon, Iranian, Damascus, Brig, Syria, AFP, Tehran, United States, Kafr Kila, Lebanese

☆ Here's who qualifies for Turkey's new digital nomad visa and how to apply
▼ + stars: | 2024-04-30 | by ( Jordan Hart | ) www.businessinsider.com time to read: +2 min

Turkey is the latest country to open its arms to remote workers keen to relocate. Here's what it takes to get the Digital Nomad Identification Certificate for Turkey. Related storiesThe Digital Nomad Identification Certificate, which is the first step to a digital nomad visa, is open to remote workers ages 21 to 55. If approved, it's as simple as applicants receiving a certificate with a barcode that they can use to apply for the digital nomad visa at the Turkish consulate. Earlier this month Italy announced that it would welcome remote workers and their families on renewable digital nomad visas.

Persons: — Organizations: Service, and Tourism Ministry Locations: Turkey, Canada, Italy, Turkish, Russia

☆ Opinion | Biden’s Small Win — and Bigger Failure — in the Middle East
▼ + stars: | 2024-04-21 | by ( Trita Parsi | ) www.nytimes.com time to read: +2 min

President Biden’s behind-the-scenes crisis management appears to have helped stop a wider war from igniting in the Middle East — for now. But that tactical win for the administration is actually part of its much larger strategic failure in the region. Prime Minister Benjamin Netanyahu didn’t heed the order, but Israel’s response was so muted that Tehran effectively ignored it. Mr. Netanyahu’s minister of national security called it “lame.”Mr. Biden deserves credit for orchestrating this crucial de-escalation. Instead, he has followed Mr. Netanyahu’s lead, even as Israel has put vengeance over interest.

Persons: Biden’s, Biden, Israel, Mr, Benjamin Netanyahu didn’t, Netanyahu’s Organizations: Iranian Consulate Locations: Israel, Iran, Iranian, Syria, Tehran’s, Tehran

☆ Live updates: Israel-Hamas war and the latest on the Middle East conflict
▼ + stars: | 2024-04-20 | by ( ) edition.cnn.com time to read: +1 min

The scope of Israel’s military response to Iran’s first-ever direct attack on the country remains murky. Israeli officials have yet to publicly acknowledge responsibility for reported overnight explosions in parts of Iran on Friday. Iran may be downplaying what was likely to have been a significant but limited Israeli attack, but that seems to be secondary to the larger forces at play. The latest flare-up brought the stakes into sharp focus, but it also exposed the limits of a direct confrontation between Iran and Israel. Remember: What happens between Iran and Israel rarely stays between Iran and Israel.

Persons: Iran’s Organizations: CNN, Washington Locations: Iran, Tehran, Israel, Damascus

☆ Trump’s first trial, Ukraine aid and other surprises from a major news week
▼ + stars: | 2024-04-20 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +7 min

House Speaker Mike Johnson arrives to speak with reporters to discuss his proposal of sending aid to Ukraine, Israel and Taiwan on April 17, 2024. Johnson, although a bona fide conservative and a skeptic at times of Ukraine aid, is finally on the cusp of getting the vote done in the House. This week, Iran responded to Israel’s strike on a Syrian diplomatic facility with its own strikes, which Israel responded to on Friday with a strike on Iran. Joe Biden is running hardWith all the Trump trial coverage, you might have missed that President Joe Biden is running a spirited presidential campaign. While Trump is spending most days at his trial, Biden is going all over the map.

Persons: Trump’s, you’ve, Donald Trump, Trump, Mike Johnson’s, Marjorie Taylor Greene, Thomas Massie of Kentucky, Paul Gosar, Arizona –, Johnson, Mike Johnson, J, Scott Applewhite, he’ll, It’s, Israel, Here’s Tamara Qiblawi, CNN’s Nic Robertson, Read, Joe Biden, Biden, Andrew CAballero, Reynolds, Pierre, Olivier Gourinchas Organizations: CNN, Trump, –, GOP, White, Getty, Monetary Fund, Federal Reserve Locations: Antarctica, New York, Ukraine, Israel, Taiwan, Johnson, Marjorie Taylor Greene of Georgia, Arizona, Iran, Syrian, CNN’s, Damascus, Qiblawi, Philadelphia, Wawa, Pittsburgh, Pennsylvania, AFP, Europe

☆ Israel's limited attack on Iran was to send a message that it can penetrate Iranian defenses whenever it wants, experts say
▼ + stars: | 2024-04-19 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +4 min

Israel carried out a limited military strike on Iranian soil on Friday morning. Analysts said the strike was likely a demonstration of Israel's capacity to reach Iranian nuclear sites. Two unnamed Israeli defense officials also told The New York Times that the Israeli military had mounted the attack. Related storyReports said that explosions were heard close to an Iranian military base near Isfahan, with Iranian state media outlet IRNA reporting that air defense systems had been activated. IAEA can confirm that there is no damage to #Iran’s nuclear sites.

Persons: Israel, —, IRNA, @rafaelmgrossi, Jonathan Conricus, they've, Richard Goldberg, Ahmad Haqtalab Organizations: Service, Washington Post, Post, New York Times, Nuclear Threat Initiative, International Atomic Energy Agency, IAEA, Israel Defense Forces, White House National Security Council, Iranian Revolutionary Guards Locations: Iran, Israel, Damascus, Iranian, Isfahan, Ifsahan, Jerusalem

☆ Why was Iran struck by drones?
▼ + stars: | 2024-04-19 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +7 min

Israel carried out the strike inside Iran Friday morning, a US official told CNN. There were no reports of a missile attack, Iran’s National Cyberspace Center spokesperson Hossein Dalirian said on social platform X. The US “didn’t green light” an Israeli response, another senior US official told CNN. Video Ad Feedback Iranian journalist on how Iranian media reported the Israeli attack 02:19 - Source: CNNWhy is this happening now? Israel last week pledged, however, that it would “exact a price” from Iran in response to that aerial barrage.

Persons: Hossein Dalirian, ”, Hossein Amir, Abdollahian, “, Mohammed Reza Zahedi, Mohammad Hadi Haji Rahimi, Israel, Beshara, ’, Yemen’s, Joe Biden, What’s, Benjamin Netanyahu, Amir, ” Amir, Maha Yahya Organizations: CNN, National Cyberspace Center, United Nations, Islamic, Palestinian, Hamas, Israel, Iranian, Revolutionary Guards, Pentagon, Getty, Wednesday, Carnegie Middle East Locations: Iran, Israel, Tehran, Isfahan, Iranian, Syria, Islamic Republic, United States, Gaza, Israeli, Damascus, Quds, AFP, Red Sea, Tabriz

☆ Iran and Israel have averted an all-out war – for now
▼ + stars: | 2024-04-19 | by ( Tamara Qiblawi | ) edition.cnn.com time to read: +5 min

Iran may be downplaying what was likely to have been a significant but limited Israeli attack, but that seems to be secondary to the larger forces at play. The latest flare-up brought the stakes into sharp focus, but it also exposed the limits of a direct confrontation between Iran and Israel. As part of Iran’s retaliatory attack on Israel, its weapons navigated over at least two neighboring countries that house US bases. What happens between Iran and Israel rarely stays between Iran and Israel. US forces had shot down more than 70 of Iran’s weapons as they headed to Israel.

Persons: Iran’s, CNN’s Nic Robertson, Israel, –, Ebrahim Raisi’s, Israel’s, Itamar Ben Gvir, “ Organizations: Lebanon CNN, Iran’s, Anadolu, Washington, United, United Arab Emirates, National Locations: Beirut, Lebanon, Iran, Tehran, Israel, Damascus, Syria, Iranian, Lebanon’s, Isfahan, Saudi Arabia, United Arab, Riyadh, China, Israel’s, Gaza, Iraq, Yemen

☆ Hossein Amir-Abdollahian: Iran’s response will be “immediate and at a maximum level,” foreign minister warns Israel
▼ + stars: | 2024-04-18 | by ( Simone Mccarthy | Tara John | ) edition.cnn.com time to read: +4 min

CNN —Iran’s response if Israel takes any further military action against it would be “immediate and at a maximum level,” Foreign Minister Hossein Amir-Abdollahian told CNN Thursday, as fears rise of an escalation of the conflict in the Middle East. The tit-for-tat strikes have brought a decades long shadow war between Israel and Iran out in the open and sent fear coursing through the Middle East. Israeli Prime Minister Benjamin Netanyahu on Wednesday said Israel will make its “own decisions” when responding to Iran’s airstrikes. The details of a potential “maximum response” have been planned by Iran’s armed forces, he added. “Our operations in response were carried out at a minimum because we were not seeking to hit multiple targets,” he said.

Persons: Hossein Amir, Abdollahian, adventurism, ” Amir, CNN’s Erin Burnett, Benjamin Netanyahu, Israel, ”, Amir, “ Organizations: CNN, Amir, Palestinian, Hamas, Wednesday, Iranian, United Nations, White, Swiss Embassy Locations: Israel, Iran, New York, Tehran, Syria, Iranian, Isfahan, Iran’s, FARS, Damascus, United States, Gaza, Israeli, “, America

☆ U.S. unveils new sanctions targeting Iran's drone program following Israel attack
▼ + stars: | 2024-04-18 | by ( Ryan Anastasio | ) www.cnbc.com time to read: +2 min

The Biden administration on Thursday announced new sanctions targeting Iran's drone program for its recent attack on Israel. The sanctions target 16 individuals and two entities involved in Tehran's drone production. Executives at an Iranian-based company that manufactured engines used in the attack are among the individuals sanctioned. All of the sanctioned individuals' property in the United States will be frozen. Five companies that provide materials to Khuzestan Steel Company, one of Iran's largest steel producers, were also sanctioned.

Persons: Biden, Janet Yellen, Yellen, Joe Biden Organizations: Companies, Islamic Revolutionary Guard Corps, Qods Force, Khuzestan Steel Company, KSC Locations: Israel, Tehran, Iran, United Kingdom, Iranian, Syria, United States

☆ Isfahan, Iran: Iran’s air defense activated after explosions heard close to Isfahan airport and military base, reports say
▼ + stars: | 2024-04-18 | by ( Hamdi Alkhshali | Artemis Moshtaghian | ) edition.cnn.com time to read: +2 min

CNN —Israel has carried out a strike inside Iran, a US official told CNN Friday, a move that threatens to push the region deeper into conflict. Iran’s air defense systems were activated in several locations after three explosions were heard close to the airport and an army base in the Iranian city of Isfahan, state media reported early Friday morning. Three explosions were heard near a military base where fighter jets are located in the northwest part of Isfahan, Iran’s semi-official FARS news agency reported. Renée Rigdon/CNNOutgoing flights from several Iranian airports have been cancelled, according to an Iranian official, Iranian state media Press TV reported. FARS reported that the explosion was heard in the city of Ghahjaworstan, northwest of Isfahan, citing local sources.

Persons: CNN —, Renée Rigdon, Hossein Amir, Abdollahian, Israel Organizations: CNN, Press, Mehr, Army Air Force, Iranian Press, Iran’s Locations: CNN — Israel, Iran, Iranian, Isfahan, Iran’s, FARS, Israel, “ Tehran, Shiraz, West, North West, South West, Ghahjaworstan, Isfahan Airport, Tehran, Syria

☆ Israel's war cabinet is locked between restraint and revenge
▼ + stars: | 2024-04-16 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +2 min

A Monday meeting of Israel's five-person war cabinet, headed by Prime Minister Benjamin Netanyahu, concluded without comment on whether the Jewish state will honor its pledge to "exact a price" from Tehran or concede to calls for a measured response from international leaders. The prolonged deliberation came after the Israeli military said that Iran on Saturday fired more than 300 drones and missiles at its soil. It claimed that it and international allies eliminated 99% of these attacks as part of its now-dubbed "Iron Shield" operation. The Israeli war cabinet is set to meet again on Tuesday, according to Reuters. Concerns are mounting that the conflict — rooted in the Oct. 7 terror attack undertaken by Palestinian militant group Hamas and Israel's retaliatory war campaign in the Gaza Strip — will seep into the broader Middle East region.

Persons: Benjamin Netanyahu, Jordan, —, Bashar Assad's Organizations: Saturday, Reuters, CNBC, Washington, NBC, Palestinian, Hamas, Yemeni Locations: Israel, Iran, Tehran, U.S, France, Iranian, Damascus, Syria, Gaza

☆ Oil prices rise as Israel weighs response to Iran attack
▼ + stars: | 2024-04-16 | by ( ) www.cnbc.com time to read: +2 min

Oil prices rose on Tuesday amid heightened tensions in the Middle East after Israel's military chief said his country would respond to Iran's weekend missile and drone attack amid calls for restraint by allies. Oil prices rose on Tuesday amid heightened tensions in the Middle East after Israel's military chief said his country would respond to Iran's weekend missile and drone attack amid calls for restraint by allies. Oil prices had ended Monday's session lower after Iran's weekend attack on Israel proved to be less damaging than anticipated, initially easing concerns of a quickly intensifying conflict that could displace crude barrels. Iran produces more than 3 million barrels per day of crude oil as a major producer within the Organization of the Petroleum Exporting Countries, or OPEC. That would maintain pressure on policymakers to unveil more economic stimulus measures that could boost oil prices.

Persons: Brent, Benjamin Netanyahu Organizations: Israel's, Monday, Organization of, Petroleum Locations: Israel, Iran, Damascus, China

☆ Treasury Department plans to impose new sanctions on Iran after Israel attack
▼ + stars: | 2024-04-16 | by ( Ryan Anastasio | ) www.cnbc.com time to read: +1 min

US Treasury Secretary Janet Yellen attends a press conference at US Ambassador's residence in Beijing on April 8, 2024. U.S. Treasury Secretary Janet Yellen is preparing new sanctions on Iran after the country launched hundreds of drones and missiles at Israel over the weekend. "The attack by Iran and its proxies underscores the importance of Treasury's work to use our economic tools to counter Iran's malign activity." Israel said it intercepted 99% of the more than 300 projectiles from Iran. The U.S. has imposed hundreds of sanctions on Iran and its proxies in recent years for their connections to terrorism and for the country's missile program.

Persons: Janet Yellen, Yellen Organizations: US, Treasury, International Monetary Fund, country's Locations: Beijing, Iran, Israel, Iranian, Syria, The U.S, Red

☆ China is refusing to condemn Iran's strike on Israel — and it's part of a Middle East power play
▼ + stars: | 2024-04-16 | by ( Tom Porter | ) www.businessinsider.com time to read: +3 min

China refused to condemn Iran's missile attack on Israel. AdvertisementChina refused to condemn Iran's missile and drone attack on Israel as it seeks to position itself as a key player in the Middle East. The statement was notable because it contained no condemnation of Iran's attack on Israel on Saturday. The US has sought to enlist China is helping to prevent a bigger regional war, the State Department said. In the readout, China praised Iran for acting with restraint in its response to Israel's embassy attack.

Persons: —, Wang Yi's, Hossein Amir, Amir, Abdollahian, Wang, Israel's, Xi Jinping, Ebrahim Raisi, Benjamin Netanyahu Organizations: Service, Foreign, Saturday, Iran, Iranian, Lebanese, Hezbollah, Israel's, US, State Department Locations: China, Israel, Iran, Damascus, Syria, Iranian, Saudi Arabia, Gaza, Beijing

☆ Analysis: Can Netanyahu avoid triggering a regional war?
▼ + stars: | 2024-04-16 | by ( Nic Robertson | ) edition.cnn.com time to read: +6 min

In a paradigm shift after decades of shadow proxy war, Tehran is usurping Israel’s strategy. “We have decided to create a new equation,” Iran’s Islamic Revolutionary Guard Corps (IRGC) Commander Hossein Salami said. When faced with existential threats in the past, Israel has executed the most audacious raids the region has ever witnessed. The damage that can be inflicted on Iran is huge, is huge.”So the most important question right now must be, can Netanyahu read the room right – with Iran threatening to attack, allies warning him not to – and avoid triggering a regional war. Iran, he implied, won’t attack Israel as long as it fears America’s reaction.

Persons: CNN —, Joe Biden’s, Ebrahim Raisi’s, ” Israel, Hossein, “, Bashar al, Israel, Benjamin Netanyahu, Yoav Gallant, Benny Ganz –, David Barnea, Staff Herzi Halevi, Netanyahu, Bezalel Smotrich, of National Security Itamar Ben, Gvir, Ganz, Gallant, – Ganz, ” Netanyahu, ” Netanyahu’s, Saleh Al, Amos Yadlin, Yadlin, ” Yadlin, Bashar, Iran’s, Mohammad Reza Zahedi, Biden Organizations: CNN, Islamic Revolutionary Guard Corps, –, Staff, of National Security, IDF’s Military Intelligence, UN Security Locations: CNN — Israel, Israel, Iran, Tehran, Osirak, Syria, Tel Aviv, Gaza, Lebanese, Beirut, Lebanon, Damascus, America

☆ Oil prices fall for second day as U.S. expects limited Israel response to Iran attack
▼ + stars: | 2024-04-16 | by ( Spencer Kimball | ) www.cnbc.com time to read: +1 min

Iran on April 14 urged Israel not to retaliate militarily to an unprecedented attack overnight, which Tehran presented as a justified response to a deadly strike on its consulate building in Damascus. (Photo by ATTA KENARE / AFP) (Photo by ATTA KENARE/AFP via Getty Images)Crude oil futures fell for a second day Tuesday as the U.S. expects a limited response from Israel to an unprecedented air assault by Iran, reducing fears that the Middle East is on the verge of a broader regional war. Four U.S. officials told NBC News they expect an Israeli response to Iran's attack to be limited in scope and most likely to involve strikes on Iranian forces and their proxies outside Iran. Israel's War Cabinet met for several hours Monday to weigh how Israel should response. An Israeli official told NBC News after the meeting that a response may be "imminent."

Persons: ATTA KENARE, Brent, Jorge Leon Organizations: Getty, West Texas Intermediate, U.S, NBC News, Rystad Energy Locations: Persian, Israel, Tehran, Iran, Damascus, AFP

☆ Iran will learn from its failed attack on Israel and work to make its next big attack more devastating, war analysts warn
▼ + stars: | 2024-04-15 | by ( Ella Sherman | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewIsrael thwarted Iran's retaliatory missile attack, but experts said Iran can use this loss to learn and plan a more effective strike. AdvertisementIran's missiles and drones were overwhelmingly intercepted by Israel, its neighboring countries and allied forces, however, experts say this attack could offer Iran lessons for its next big hit. While many of Iran's missiles and drones were intercepted, the number of weapons that were able to break through Israel's defenses is notable enough for concern. Iran's drones and cruise missiles were launched earlier in order to hit Israel's defense air system at the same time as ballistic missiles.

Persons: —, Israel, Brian Carter, Frederick Kagan, ISW Organizations: Service, Business, Ukraine, NATO Locations: Iran, Israel, Washington, Iranian, Syria, Ukraine, Russia, Moscow, Tehran

☆ Photos show Israel's F-35I Adir stealth fighter jets used to defend against Iranian missiles
▼ + stars: | 2024-04-15 | by ( Talia Lakritz | ) www.businessinsider.com time to read: +1 min

Iran appeared to target Israel's Nevatim Airbase with over 350 drones and missiles on Sunday. Nevatim houses Israel's F-35I "Adir" stealth fighter jets produced by US company Lockheed-Martin. AdvertisementEarly Sunday morning, Iran fired hundreds of drones, missiles, and rockets at Israel in a retaliatory attack following Israel's strike on the Iranian consulate in Damascus, Syria. The missiles appeared to target Israel's Nevatim Airbase in the Negev desert, which houses its fleet of F-35I stealth fighter jets. The Israeli variant of the US-made Lockheed Martin Lightning II Joint Strike Fighter plane is known as "Adir," meaning "Mighty One" in Hebrew.

Persons: Martin, —, Lockheed Martin Organizations: US, Lockheed, Iranian, Service, Israel Defense Forces, Lockheed Martin Lightning Locations: Iran, Airbase, Israel, Damascus, Syria, Jordan, France

☆ Oil prices fall after Iran attack as market draws down risk premium
▼ + stars: | 2024-04-15 | by ( ) www.cnbc.com time to read: +2 min

Oil prices fell at Asia's open on Monday, as market participants dialed back risk premiums following Iran's attack on Israel late on Saturday which the Israeli government said caused limited damage. The attack involving more than 300 missiles and drones was the first on Israel from another country in more than three decades. Oil benchmarks had risen on Friday in anticipation of a retaliatory attack by Iran, touching their highest levels since October. But prices still ended the week down about 1% after the International Energy Agency lowered its forecast for oil demand growth this year. A "less certain path to Fed rate cuts" because of persistent U.S. inflation also weighed on prices, Sycamore said.

Persons: Brent, Tony Sycamore, Jorge Leon, Analysts, Sycamore Organizations: West Texas, Israel's, Iran, International Energy Agency, Rystad Energy Locations: Tutong district, Brunei, Israel, Iran, Damascus, Gaza, U.S, Syria, Strait, Hormuz, East, Europe

☆ Arab states unexpectedly helped Israel fight off Iran's attack
▼ + stars: | 2024-04-15 | by ( Tom Porter | ) www.businessinsider.com time to read: +5 min

Jordan shot down an Iranian missile, and other Arab states may've provided intel. In March, Saudi Arabia and Iran restored ties with the help of China, agreeing to reopen embassies in their respective capitals. AdvertisementHowever, according to reports, Saudi Arabia and other Arab states are willing to continue discussions with Israel once fighting in Gaza has abated. There is a risk for Arab states though in being seen to come to Israel's aid, Giorgio Cafiero, CEO of Gulf State Analytics, told Business Insider. AdvertisementAs the conflict between Israel and Iran intensifies, Arab states face a tough choice between their security priorities and addressing public anger over Gaza.

Persons: Israel, Jordan, may've, —, Samih, Marj Al, Yasmine Farouk, Farouk, Abraham, Trump, Israel's, Giorgio Cafiero Organizations: intel, Service, Deutsche Welle, St, Anadolu, Getty, Israel, Carnegie Endowment, International Peace, New York Times, Abraham Accords, Analytics Locations: Iranian, Israel, Iran, Damascus, Jordan, Gaza, Jordanian, Saudi Arabia, UAE, Gulf, Marj, Amman , Jordan, China, Bahrain, Amman

☆ Half of the missiles Iran fired at Israel failed on launch or malfunctioned and crashed, reports say
▼ + stars: | 2024-04-15 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +4 min

Around 60 of Iran's missiles failed on their own, multiple reports say. AdvertisementHalf of the missiles Iran fired at Israel over the weekend failed on launch or malfunctioned and crashed, according to reports. But around 60 of Iran's missiles failed on their own, according to several reports. An estimated 50% of Iran's 120 ballistic missiles failed to launch or crashed in flight, unnamed US officials told CBS News and The Wall Street Journal. President Biden said on Friday that he expected Iran to attack Israel "sooner, rather than later."

Persons: —, Gilad Erdan, CHARLY TRIBALLEAU, Amir Saeid Iravani, Israel, Biden, Sean McFate, McFate, They've Organizations: Service, CBS News, Street Journal, United Nations Security Council, Getty, Israel Defense Forces, Navatim Air Force Base, UN, Sky News, Syracuse University, Israel, Iran's Ministry of Foreign Affairs, US Department of Defense Locations: Israel, Iran, Syria, France, Jordan, Gaza

☆ Oil prices could see 'super spike well above $100' if conflict escalates after Iran's attack on Israel
▼ + stars: | 2024-04-15 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +3 min

Any disruption in its capacity to supply global markets could send oil prices higher, analysts told CNBC. Insufficient investment makes supply more fragile and increases the chance of a super spike well above $100 if supply is disrupted. Stock Chart Icon Stock chart icon Oil prices since the start of the year. "I think oil prices will go to all time highs this cycle, due to a decade of under-investment in exploration and development," Young added. Oil prices have climbed in recent months on trade disruptions and delays caused by Red Sea maritime attacks from the Houthis, who claim solidarity with the Palestinian people.

Persons: Saeid Arabzadeh, Israel reigniting, Andy Lipow, Daniel Hagari, Josh Young, Brent, Young, Morgan Stanley's Organizations: Afp, Getty, OPEC, CNBC, Brent, Lipow Oil Associates, Israel Defense Forces, Bison, Iran's United Nations, underinvestment, U.S, West Texas Locations: Persian, Iran, Hormuz, Oman, Israel, Damascus, Syria, Asia

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