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☆ Iran may not have been seeking to trigger a regional war with the drone strike that killed 3 US troops, say experts
  + stars: | 2024-01-29 | by ( Tom Porter | ) www.businessinsider.com   time to read: +4 min
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewThe Middle East appeared to have moved closer to a regional war on Sunday after three US troops were killed and dozens more were injured in an attack on a US base in Jordan. The drone attack was launched by the Islamic Resistance, an Iran-backed militia based in Iraq. It seemed to many analysts to signify an escalation in Iran's aggression toward the US and its allies in the region. However, several experts are warning against such a conclusion, claiming that Iran may not have been seeking to trigger an escalation in the conflict.
Persons: —, Joe Biden, Tobias Borck, Greg Brew, wasn't, Borck, Jordan, Biden, Robert Dover, Dover Organizations: Service, Business, Islamic, Royal United Services Institute, Eurasia Group, New York Times, CBS, University of Hull Locations: Jordan, Iran, Iraq, Syria, Israel, Gaza, Israel's, Yemen, Red, Tehran
☆ Iran is stepping up its shadow war with Israel to boost its clout — but it could backfire
  + stars: | 2023-10-25 | by ( Tom Porter | ) www.businessinsider.com   time to read: +8 min
But it appears wary of provoking a wider, regional war. As part of this covert war, Iran has funded and trained a network of militias stretching across the Middle East. Iran has threatened Israel with the prospect of a wider regional war if it invades Gaza, reported Al Jazeera. But Iran faces a dilemmaIranian officials have told Reuters that Iran faces a dilemma in its response to the Israel-Hamas war. "Iranian behavior is a key factor in whether this remains contained or spreads into a wider regional war.
Persons: —, Gaza Ilia Yefimovich, Israel, Trump, Trump administration's Abraham, Iran —, Tobias Borck, Al, Alex Vatanka, Abraham, Mahmud Abbas, Xi Jinping, Jade Gao, it's, Jonathan Fulton Organizations: Service, Hamas, CNN, dpa Israel, St, The New York Times, Trump administration's, Trump administration's Abraham Accords, Royal United Services Institute, Israel, Hezbollah, Reuters, US, West Bank, East Institute, Abraham Accords, of, People, The Atlantic Council Locations: Iran, Israel, Gaza, Lebanon, Saudi Arabia, Palestinian, Tehran, Saudi, Al Jazeera, China, Beijing
☆ Israel vowed to blaze through Gaza and destroy Hamas — a task it may find impossible
  + stars: | 2023-10-11 | by ( Tom Porter | ) www.businessinsider.com   time to read: +5 min
Israeli Prime Minister Benjamin Netanyahu has pledged to destroy Hamas. AdvertisementAdvertisementIn the wake of the devastating terror attacks by militant group Hamas in Israel, the country's prime minister, Benjamin Netanyahu, vowed to destroy the group. And even if Israel succeeds in its assault, it is unlikely to completely destroy Hamas. Hamas could use the hostages as human shields, placing them at military and other sites likely to be targeted by the Israeli military. According to a 2017 study by RAND, Israel has sought to contain Hamas, but not outright destroy it.
Persons: Benjamin Netanyahu, —, Netanyahu, Israel, Insider's Jake Epstein, Tobias Borck, It's, Israel didn't, Michael Eisenstadt, Daniel Byman, Vohra Organizations: Service, Hamas, Royal United Services Institute, NBC, RAND, Israel, Military and Security, Washington Institute for Near East, Georgetown University, Foreign Locations: Gaza, Israel, London, Hamas
☆ Oil price spikes on Israel war. Here’s what a wider conflict might mean
  + stars: | 2023-10-09 | by ( Anna Cooban | ) edition.cnn.com   time to read: +5 min
London CNN —Global oil prices climbed 4% Monday over fears that the unprecedented weekend attack on Israel by Hamas could escalate into a regional conflict embroiling oil-producing nations. The [attack] itself has no effect on the oil market directly,” Homayoun Falakshahi, a senior oil analyst at data provider Kpler, told CNN. Tighter oil sanctions? Should Washington decide to tighten the sanctions screw once more, “current flows to the global oil market might be compromised,” he added. “That would be a complete game-changer for the oil market,” Falakshahi said.
Persons: Brent, Israel, ” Homayoun, ”, Jon, “, Benjamin Netanyahu, Oded, Donald Trump, Barack Obama, Simone Tagliapietra, Bruegel, —, Tehran —, ” Falakshahi, “ it’s, Tobias Borck, Borck, Artemis Moshtaghian Organizations: London CNN —, Global, CNN, National, United Nations, Hamas, Washington, United Arab, Royal United Services Institute for Defence, Security Locations: Israel, Saudi Arabia, Russia, Iran, Washington, United States, Palestine, Gaza, Tel Aviv, Brussels, Ukraine, Hong Kong, China, Oman, United Arab Emirates, Gulf, Hormuz, Lebanese, Tehran, Shebaa Farms, Lebanon, “
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