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CNN —President Joe Biden is weighing more US defenses in the Middle East as the US prepares for an Iranian retaliation against Israel that officials say could include an attack on American forces. The statement did not detail what new deployments would occur ahead of an anticipated Iranian attack in response to the assassination of Hamas leader Ismail Haniyeh in Tehran. The officials said an Iranian response could occur in the coming days. Israel Defense Forces spokesman Rear Adm. Daniel Hagari said that “international partners” have bolstered their forces in the region, though he did not specify which countries. The US is expecting the anticipated Iranian attack may be similar to the barrage of ballistic missiles and drones launched against Israel on April 13, officials said.
Persons: Joe Biden, Benjamin Netanyahu Thursday, Biden, Ismail Haniyeh, Theodore Roosevelt, “ We’re, Benjamin Netanyahu, ” Biden, Joint Base Andrews, Haniyah, , Daniel Hagari, Israel’s, Jordan, Hassan Nasrallah, Israel, Haniyeh Organizations: CNN, Israeli, Pentagon, US Central Command, Navy, USS, Marine, Joint Base, Islamic Revolutionary Guard Corps, Israel Defense Forces, Defense, Israel Locations: Israel, Tehran, Gulf of Oman, Aden, Lebanon, Iraq, Syria, Iranian, Jordan, Iran, Beirut, East
Oil rises on risk of broadening Middle East conflict
  + stars: | 2024-08-01 | by ( ) www.cnbc.com   time to read: +2 min
The most active contracts on both benchmarks jumped about 4% in the previous session. The killings fueled concern that the 10-month-old war in Gaza between Israel and Hamas was turning into a wider Middle East war, which could potentially lead to disruptions in oil supply from the region. Also pushing up oil prices was a set of data releases from the U.S., the world's top oil consumer, and a weaker dollar. U.S. oil demand was at a seasonal record in May as gasoline consumption surged to its highest since before the pandemic, a separate data release from the EIA showed on Wednesday. A weaker dollar can boost oil demand from investors holding other currencies.
Persons: Ismail Haniyeh, Shino Mitsuko Organizations: Global, Brent, U.S, West Texas, United Nations, U.S . Energy, Administration, Federal Reserve Locations: Iran, U.S, Tehran, Lebanon, Beirut, Gaza, Israel, . U.S
For months, diplomats and analysts in foreign capitals have worried that prolonged political upheaval in the United States could invite aggression abroad, whether in Russia’s waging of war in Ukraine, North Korea’s rogue nuclear ambitions or China’s expansionist designs in the South China Sea. Now, less than 100 days before Americans elect a new president, that broader geopolitical crisis has erupted in the familiar theater of the Middle East. The targeted killings of Hezbollah and Hamas leaders in Beirut and Tehran have deepened fears of a regionwide conflict — one that the United States, caught up in its own political drama at home, may have little capacity to avert or even contain. On Wednesday, Secretary of State Antony J. Blinken said the United States had not been involved in, or even informed of, the operation in Tehran, which the Iranian government swiftly blamed on Israel. To some, Mr. Blinken’s statement confirmed a dangerous power vacuum in the region.
Persons: Antony J, Blinken Locations: United, Ukraine, North, South China, Beirut, Tehran, United States, Israel
Opinion | The Dangerous Game That Iran Is Playing
  + stars: | 2024-08-01 | by ( Thomas L. Friedman | ) www.nytimes.com   time to read: +2 min
One of my ironclad rules of reporting in the Middle East is that sometimes you need to rereport a story to see things even more clearly than you did earlier. I’m having that experience with the Iran-Israel-Hamas-Hezbollah war, which could soon draw in the United States. Iran has been building that network to supplant America as the most powerful force in the Middle East and to bleed Israel to death by a thousand cuts inflicted by its proxies. But America must always be wary about what Israeli Prime Minister Benjamin Netanyahu is up to. As a former Israeli diplomat, Alon Pinkas, observed in Haaretz on Thursday, one has to wonder why Netanyahu chose now to assassinate the Hamas leader Ismail Haniyeh in Tehran — in the middle of delicate hostage talks.
Persons: Biden, Israel, Benjamin Netanyahu, Alon Pinkas, Netanyahu, Ismail Haniyeh, Haniyeh, Israel “, Organizations: Hamas, Israeli Locations: Iran, Israel, United States, Jerusalem, America, Israeli, Tehran —
Israel's military on Thursday said it killed the chief of Hamas' military wing, Mohammed Deif, in an airstrike in July. "We can now confirm: Mohammed Deif was eliminated," the Israel Defense Forces posted on its official X account. The October attack set off the ongoing Israel-Hamas war, now in its tenth month, and the Israeli military offensive in the Gaza enclave that local authorities say has killed more than 39,000 people. The Israeli military said that the strike that killed Deif took place on July 13 and hit a compound on the outskirts of Khan Younis, near a tent encampment for displaced Palestinian people. Gallant added: "Israel's defense establishment will pursue Hamas terrorists — both the planners and the perpetrators of the 07.10 massacre.
Persons: Khan Yunis, Mohammed Deif, Khan Younis, Deif, Yahya Sinwar, Ismail Haniyeh, Yoav Gallant, Osama Bin Laden, Gallant, Organizations: Palestinian, Hamas, Israel Defense Forces, IDF, CNBC, Israeli Locations: Rafah, Gaza, Israel, Khan, Tehran, Hamas, Iran
Iranian state media and Hamas previously indicated that Haniyeh was killed by a rocket fired from outside the building in which he was staying. An image published by the New York Times shows the building where Haniyeh is believed to have been assassinated. He had a full schedule of public appearances and meetings before he was assassinated, according to Iranian state media press reports. Haniyeh was first pictured on Tuesday, before the inauguration, meeting with Iranian Supreme Leader Ayatollah Ali Khamenei. Afterwards, Iranian state media published images of Haniyeh meeting with Iran’s new President Masoud Pezeshkian.
Persons: Ismail Haniyeh, Haniyeh, Israel, Haniyeh’s, Ayatollah Ali Khamenei, Masoud Pezeshkian, IRNA, Iran’s, , Muhammad ibn Abd al, Umm, Abed, , Fu’ad Shukr, Hassan Nasrallah, Nasrallah, Shukr, Mustafa Badreddine, Israel’s, Daniel Hagari, ” Hagari, Magen David Adom, , Mohammed Deif, Deif, Khan Younis, CNN’s Mostafa Salem, Tamara Qiblawi, Kareem Khadder, Tamar Michaelis, Tim Lister, Eyad Kourdi, Paul P, Murphy Organizations: Israel CNN, CNN, The New York Times, Hamas, Islamic Revolutionary Guard Corps, New York Times, Iranian, Islamic, Assembly, Israel Defense Forces, IDF, MDA, Kibbutz, Thursday Locations: Haifa, Israel, Tehran, Doha, Iran, Qatari, Wahhab, Lusail city, Beirut, Lebanon, Golan, Yemen, Syria, Haniyeh, Kibbutz Afek, Al, Gaza, Qatar’s
Indeed, within hours, Iran’s supreme leader, Ayatollah Ali Khamenei, declared his intention to attack Israel. The almost certain escalation from the Haniyeh assassination signals a fundamental flaw in President Biden’s Gaza policy: the hope that the Gaza war could be contained to Gaza. But for months, the war has already been spreading — to Yemen, Lebanon, Syria, Iraq and now, to Iran. Some in the U.S. foreign policy establishment argue that since neither the United States nor Iran desires full-scale war, cooler heads will prevail. The current precarious moment is the result of a series of false assumptions that U.S. policy was built on since well before the war began.
Persons: Ismail Haniyeh, Israel —, Ayatollah Ali Khamenei, Israel, Biden’s Locations: Tehran, Gaza, Biden’s Gaza, Yemen, Lebanon, Syria, Iraq, Iran, U.S, United States, Israel, Saudi Arabia
Ismail Haniyeh, a top leader of Hamas, was assassinated on Wednesday by an explosive device covertly smuggled into the Tehran guesthouse where he was staying, according to seven Middle Eastern officials, including two Iranians, and an American official. The bomb had been hidden approximately two months ago in the guesthouse, according to five of the Middle Eastern officials. The guesthouse is run and protected by the Islamic Revolutionary Guards Corps and is part of a large compound, known as Neshat, in an upscale neighborhood of northern Tehran. The bomb was detonated remotely, the five officials said, once it was confirmed that he was inside his room at the guesthouse. Such damage was also evident in a photograph of the building shared with The New York Times.
Persons: Ismail Haniyeh, Haniyeh Organizations: American, Islamic Revolutionary Guards Corps, Revolutionary Guards, The New York Times Locations: Tehran
Rate cut on horizonThe Federal Reserve expectedly kept its benchmark rate steady at 5.25% to 5.50% on Wednesday, but Chairman Jerome Powell signaled the U.S. central bank could cut the rate in its September meeting. U.S. stocks rallyU.S. stocks jumped after Powell said a rate cut in September was "on the table." Oil gainsU.S. crude oil futures rose 4% on Wednesday after Hamas political leader Ismail Haniyeh was assassinated in Tehran. Japan currency interventionJapanese authorities spent 5.53 trillion yen, or $36.8 billion, to support the yen in July, official data showed. [PRO] Rate cut beneficiariesCNBC Pro screened for stocks in the S&P 500 that tend to rise the most when short-term rates start to decline.
Persons: expectedly, Jerome Powell, Powell, Ismail Haniyeh, Israel, Oil Organizations: CNBC, Nasdaq, Dow Jones, Nvidia, Devices, Boeing, Treasury, Facebook, Google, Meta, Oil, West Texas Intermediate, U.S Locations: U.S, Tehran, Iran, Israel, Beirut, Japan
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The strike on Beirut was the first time during this war that Israel has targeted such an influential Hezbollah leader in Lebanon’s capital. Hours later, the killing in Iran of Hamas’s political leader, Ismail Haniyeh, was considered the most brazen breach of Iran’s defenses in years. Image A protests in Tehran on Wednesday after Ismail Haniyeh, a senior Hamas leader, was assassinated in Iran. Despite his title as Hamas’s political leader, Mr. Haniyeh is replaceable, said Joost Hiltermann, the Middle East and North Africa program director for the International Crisis Group. In January, Israeli strikes killed a senior Hamas leader in Hezbollah’s stronghold in Beirut, leading to fears that Hezbollah would mount a particularly fierce response on Hamas’s behalf.
Persons: Amira, Hassan Fadlallah, Fuad Shukr, Ismail Haniyeh, Diego Ibarra Sanchez, Iran —, Michael Stephens, Haniyeh’s, Stephens, Mr, Andreas Krieg, Arash Khamooshi, ” Mr, Krieg, , it’s, Haniyeh, Joost Hiltermann, , Israel, Israel Katz, Katz, Itamar Rabinovich, Israel’s, Rabinovich, Benjamin Netanyahu, Netanyahu, Vivian Yee Organizations: Israel’s, The New York Times Iranian, Foreign Policy Research Institute, King’s College ,, The New York Times, International Crisis, United Nations, Hezbollah Locations: Dahiyeh, Beirut, Lebanon, Gaza, Israel, Iran, simultaneity, Yemen, Iraq, Credit, United States, Philadelphia, King’s College , London, Tehran, East, North Africa, Hezbollah’s, Syria, Bourj el Barajneh, U.S, Washington
Hamas chief Ismail Haniyeh, center, sits prior to the start of the swearing-in ceremony of newly-elected Iranian President Masoud Pezeshkian at the Iranian parliament, in Tehran, Iran, on July 30. APThe death of Hamas political leader Ismail Haniyeh is the “first most significant Israeli operation since October 7,” said CNN Political and Foreign Policy Analyst Barak Ravid. The Israeli military told CNN they “don’t respond to reports in the foreign media,” after Iranian state media reported Haniyeh’s death. “This assassination is, in a way, just a matter of when, not a matter of if,” Ravid said. Haniyeh, who was killed in Tehran, according to Hamas and Iranian media, was a longtime political leader of the militant group.
Persons: Ismail Haniyeh, Masoud Pezeshkian, , Barak Ravid, Ravid, , ” Ravid, Haniyeh Organizations: CNN Political, CNN Locations: Tehran, Iran, Gaza, Iranian
Al Jazeera, the influential Arab news network, said that two of its journalists were killed on Wednesday in an Israeli airstrike on their car in Gaza City. The Qatar-based network said the reporter Ismail al-Ghoul and his cameraman, Rami al-Rifee, were killed in Shati camp in northern Gaza after reporting from or near the house of the deceased Hamas political chief, Ismail Haniyeh, who was assassinated in Tehran on Wednesday. Mohammed Moawad, Al Jazeera’s managing editor, praised Mr. al-Ghoul’s courage in a post on social media. “Ismail was renowned for his professionalism and dedication, bringing the world’s attention to the suffering and atrocities committed in Gaza,” he said. The Committee to Protect Journalists has said the war in Gaza has led to the deadliest period for correspondents since it began gathering data in 1992, with at least 111 journalists and media workers among the more than 39,000 people killed in Gaza.
Persons: Al Jazeera, Ismail al, Rami al, Ismail Haniyeh, Ismail, Rami, , Mohammed Moawad, Al Jazeera’s, Mr, “ Ismail Organizations: ” Al Jazeera Media Network, Protect Journalists Locations: Al, Gaza City, Qatar, Gaza, Tehran
The predawn killing of a top Hamas leader in Tehran on Wednesday left the entire Middle East on edge, bringing vows of revenge from Iran’s leaders and threatening to derail fragile negotiations for a Gaza cease-fire. The Hamas leader, Ismail Haniyeh, 62, a top negotiator in the cease-fire talks who had led the militant group’s political office in Qatar, was killed after he and other leaders of Iranian-backed militant groups had attended the inauguration of Iran’s new president. Israeli leaders would not confirm or deny whether their country was behind the brazen breach of Iran’s defenses. But Iranian leaders and Hamas officials immediately blamed Israel and vowed to avenge the death of Mr. Haniyeh, heightening fears of a broader regional war. Iran’s supreme leader, Ayatollah Ali Khamenei, issued an order for Iran to strike Israel directly, according to three Iranian officials briefed on the order.
Persons: Ismail Haniyeh, Israel, Haniyeh, heightening, Iran’s, Ayatollah Ali Khamenei Organizations: Wednesday Locations: Tehran, Gaza, Qatar, Iran, Israel
Iran’s supreme leader, Ayatollah Ali Khamenei, has issued an order for Iran to strike Israel directly, in retaliation for the killing in Tehran of Hamas’s leader, Ismail Haniyeh, according to three Iranian officials briefed on the order. Mr. Khamenei gave the order at an emergency meeting of Iran’s Supreme National Security Council on Wednesday morning, shortly after Iran announced that Mr. Haniyeh had been killed, said the three Iranian officials, including two members of the Revolutionary Guards. Iran and Hamas have accused Israel of the assassination; Israel, which is at war with Hamas in the Gaza Strip, has neither acknowledged nor denied killing Mr. Haniyeh, who was in Tehran for the inauguration of Iran’s new president. Israel has a long history of killing enemies abroad, including Iranian nuclear scientists and military commanders. But even that show of force was telegraphed well in advance, nearly all the weapons were shot down by Israel and its allies, and little damage was done.
Persons: Ayatollah Ali Khamenei, Ismail Haniyeh, Khamenei, Haniyeh, Israel Organizations: Iran’s, National Security, Revolutionary Guards, Hamas Locations: Iran, Israel, Tehran, Gaza, Damascus, Syria
Hamas and Iran on Wednesday accused Israel of assassinating Ismail Haniyeh, one of the Palestinian militant group’s most senior figures, in Tehran. Iran and Israel have fought a covert war for years, blaming each other for sabotage, abductions and targeted killings across the region. Tehran has also accused Israel of past assassinations inside Iran. Mr. Fakhrizadeh was one of Israeli intelligence’s top targets for years, and Iran angrily accused Israel of killing him. He wasn’t the first scientist linked to the nuclear program to be attacked on Iranian soil.
Persons: Israel, Ismail Haniyeh, Mr, Haniyeh, Mohsen Fakhrizadeh, Fakhrizadeh, Sayad, Khodayee, Qassim Suleimani, Ayoub, Kamran Aghamolaei Organizations: Revolutionary Guards, Islamic Revolutionary Guards Corps, Quds Force Locations: Iran, Tehran, Israel, U.S, United States, Iraq
CNN —The assassination of Hamas political leader Ismail Haniyeh in the Iranian capital Tehran has rocked the Middle East – threatening to further destabilize the region and jeopardize ceasefire negotiations between Israel and Hamas over the war in Gaza. And will this strike inside Iran prove to be the catalyst for a potential full-blown regional war? Despite that designation – and unlike Hamas’ military leadership – Haniyeh travelled globally, meeting with world figures as the political head of the organization. During the war with Israel in Gaza he has taken a central role in hostage and ceasefire talks between Israel and Hamas. Video Ad Feedback The assassination of Hamas' political leader deepens fears of an all-out war in the Middle East 03:58 - Source: CNNWhat has the world said?
Persons: Ismail Haniyeh, Haniyeh, , Masoud Pezeshkian, IRNA, , – Haniyeh, Israel, ” Haniyeh, Barak Ravid, Lloyd Austin, Hezbollah’s, Fu’ad Shukr, , Mustafa Badreddine, Shukr Organizations: CNN, Hamas, AP, CNN Political, Palestinian, US Locations: Tehran, Israel, Gaza, Iran, Fars, United States, Qatar, Egypt, Russia, Turkey, Lebanon, Yemen, Beirut, Syria
Hamas Political Bureau Chairman Ismail Haniyeh attending an exclusive interview with Anadolu in Istanbul, Turkiye on April 20, 2024. Anadolu | Anadolu | Getty ImagesThe Middle East is on edge after a dramatic escalation that saw top Hamas leader Ismail Haniyeh killed in a strike in the Iranian capital of Tehran early Wednesday. Coming hours after the killing of Fuad Shukr in Beirut, the Middle East is on an absolute knife-edge now." Iran's leadership meanwhile has said that the alleged Israeli strike is grounds for "severe punishment" and that the country must "pay a heavy price." An all-out war between Israel and Iran — and Iran's proxies such as Hezbollah — would be devastating to all sides involved.
Persons: Ismail Haniyeh, Israel, Charles Lister, Fuad Shukr, Hezbollah's, Haniyeh, Hamas, Torbjorn, Sheikh Mohammed bin Abdulrahman Al Thani, Yahya Sinwar, Sinwar, Victor Tricaud, Tricaud, Antony Blinken, Will, Yoav Gallant, Iran's, Atta Kenare Organizations: Anadolu, Getty, Middle East Institute, Hezbollah, politburo, Verisk, Qatari, Foreign, CNBC, U.S . State Department, Israel, Israeli, Israel Defense Forces, AFP Locations: Istanbul, Turkiye, Tehran, Israel, Washington, Doha, Beirut, Golan, Iranian, Lebanese, Gaza, Iran, Qatar, Singapore, Palestine Square
Most new Iranian presidents have months to settle into the decades-old cadence of gradual nuclear escalation, attacks against adversaries and, episodically, secret talks with the West to relieve sanctions. Mr. Haniyeh had not only attended the swearing-in, but had also been embraced by the new president and met that day with the supreme leader, Ayatollah Ali Khamenei, making the assassination a particularly brazen act. Now Mr. Pezeshkian — along with Ayatollah Khamenei and top military generals — will be immersed in critical choices that may determine whether war breaks out between two of the Mideast’s most potent militaries. He spent his first day in office in national security meetings. The final decision on how to retaliate rests with Mr. Khamenei and on Wednesday he where ordered Iranian forces to strike Israel directly for what appeared to be its role in killing Mr. Haniyeh.
Persons: Masoud Pezeshkian, Ismail Haniyeh, Haniyeh, Ayatollah Ali Khamenei, Pezeshkian, Ayatollah Khamenei, , Mr, Khamenei Organizations: Islamic Revolutionary Guard Corps Locations: Tehran, Israel
Hamas and Iranian state media said Wednesday that the 62-year-old had been killed in the Iranian capital Tehran. Hamas claimed Haniyeh was killed in an Israeli “strike” on his residence, while the Israeli military declined to comment when contacted by CNN. Haniyeh’s death strikes a significant blow to Hamas at a time when tensions are flaring across the Middle East over the devastating war in Gaza, and raises fraught questions about the future of negotiations between Israel and Hamas. Haniyeh was born in a refugee camp near Gaza City, and joined Hamas in the late 1980s during the First Intifada, or uprising. Iranian President Masoud Pezeshkian (right) meets Hamas political leader Ismail Haniyeh (left) at the president's office in Tehran, Iran, on July 30, 2024.
Persons: CNN — Ismail Haniyeh, Haniyeh, Masoud Pezeshkian, Ismail Haniyeh, , Sheikh Ahmed Yassin, Abdel Aziz Rantisi, Donald Trump, – Haniyeh, Israel, , Bashar Taleb, Benjamin Netanyahu, Barak Ravid, Wang Kejian Organizations: CNN, Hamas, Ministry of Health, Getty, CNN Political, International Criminal Locations: Israel, Gaza, Hamas, Tehran, Israeli, East, Gaza City, Askalan, Ashkelon, Iran, United States, Washington, Jerusalem, Deir el, Qatar, Egypt, Rome
ET) in Tehran, will dictate what comes next, as Iran looks to present a narrative that justifies and fashions its response. Iran's Supreme Leader Ayatollah Ali Khamenei is seen with Haniyeh -- hours before his assassination. There is no shortage of furious rherotic the day after the strikes, but there is no easy route for Iran. Iran has also tried an unprecedented direct all-out attack on Israel before, in April, after senior IRGC commanders were killed in an Israeli strike on Damascus. In short, the 300 drone and missiles fired - straight from Iran at Israel - just didn’t get through.
Persons: Ismail Haniyeh, Haniyeh, Israel, Ayatollah Ali Khamenei, Mohsen Fakhrizadeh, Qasem Suleinami, rherotic, Ahmad Al, Ali Khamenei’s, , Masoud Pezeshkian, group’s, Fuad Shukr Organizations: CNN, Revolutionary Guards, Iran's Locations: Iran, Tehran, Israel, Beirut, Lebanon, Golan, Quds, Damascus
Top Hamas leader Ismail Haniyeh killed in Iran: Hamas
  + stars: | 2024-07-31 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTop Hamas leader Ismail Haniyeh killed in Iran: HamasThe Hamas militant group said in a statement that the chairman of its political bureau, Ismail Haniyeh, was killed in his residence in Tehran, after attending the inauguration ceremony of the new Iranian president.
Persons: Ismail Haniyeh Locations: Iran, Tehran
Read previewTop Hamas leader Ismail Haniyeh has been killed in Iran, according to a statement from Iran's Islamic Revolutionary Guards Corps early Wednesday. Haniyeh, 62, was the leader of Hamas' political wing. He had traveled to Tehran to attend the inauguration of Masoud Pezeshkian, Iran's new president, according to multiple reports. Khan collectively accused Haniyeh, Yahya Sinwar, Hamas' leader in Gaza, and Mohammed Deif, commander of Hamas' military wing, of war crimes and crimes of humanity on October 7. When contacted for comment on Iranian state media reports, the Israeli military told CNN they "don't respond to reports in the foreign media."
Persons: , Ismail Haniyeh, Israel, Haniyeh, Masoud, Ayatollah Ali Khamenei, Benjamin Netanyahu, Israel's, Karim Khan, Khan, Yahya Sinwar, Mohammed Deif, Haniyeh's Organizations: Service, Islamic Revolutionary Guards Corps, Tasnim, Wednesday, New York Times, Associated Press, CNN, Business, Hamas, The Times, Criminal, Pentagon, Israel Defense Forces Locations: Iran, Tehran, Qatar, Israel, Gaza, Beirut, Golan
Iran says Hamas leader Ismail Haniyeh was assassinated in Tehran
  + stars: | 2024-07-31 | by ( ) www.cnbc.com   time to read: +3 min
Hamas said Haniyeh was killed "in a Zionist airstrike on his residence in Tehran after he participated in the inauguration of Iran's new president." Hamas leader Ismail Haniyeh was assassinated in Tehran, Iran's paramilitary Revolutionary Guard said early Wednesday, and Hamas blamed Israel for the attack. Hamas officials did not immediately respond to requests for further comment. In April, an Israeli airstrike in Gaza killed three of Haniyeh's sons and four of his grandchildren. Haniyeh was in Tehran to attend Iran's President Masoud Pezeshkian's swearing-in ceremony on Tuesday, along with other Hamas officials and officials from Hezbollah and allied groups.
Persons: Ismail Ismail Haniyeh, Haniyeh, Ismail Haniyeh, Israel, Sinwar, Masoud Pezeshkian's, Fouad Shukur, Shukur, Biden, Bill Burns, Brett McGurk, Mohsen Fakhrizadeh Organizations: Revolutionary Guard, Al, Israel, Guard, CIA, White, Hamas, Gaza Health Ministry Locations: Tehran, Israeli, Israel, Palestine, Gaza, Qatar, Al Jazeera, Iran, Beirut, Lebanese, U.S, Rome, East, North Africa
Brent futures topped the $80-per-barrel-threshold on Wednesday, as Iran's claim that Hamas political leader Ismail Haniyeh was assassinated reignited tensions in the Middle East. The Ice Brent contract with September expiry were trading at $80.32 per barrel at 09:45 a.m. London time, up by 2.15% from the Tuesday close price. Oil gained ground amid exacerbated hostilities in the oil-rich Middle East region, where Israel has been fighting Iran-backed Palestinian militant group Hamas since the latter's terror attack in October. The Jewish state's decision to carry out a retaliatory campaign in the Gaza Strip has since broadened the conflict, with Israel trading fire with other Iran-supported factions, such as Lebanon's Hezbollah and Yemen's Houthi. "But now we're moving into a phase of deterioration into the Middle East that we believe is going to capture oil traders' attention and get them to return some material risk premium into the price of Brent.
Persons: Brent, Ismail Haniyeh, Ice Brent, Yemen's, Israel, Ayatollah Ali Khamenei, Clay Seigle, Emily Tan Organizations: Ice, Hamas, Revolutionary Guard, Republic News Agency, CNBC, Israeli Ministry of Foreign Affairs, Minister's Office, Rapidan Energy Group Locations: London, Israel, Iran, Gaza, Tehran, Iran's, Ukraine, Brent
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