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☆ Top Ducati executive explains how the Army helped him succeed and shares 2 traits that make veterans great hires
▼ + stars: | 2024-11-12 | by ( Benjamin Zhang | ) www.businessinsider.com time to read: +4 min

Ducati North America CEO Jason Chinnock enlisted in the US Army out of high school. Chinnock served as a tank driver with the Third Armored Division and is a veteran of Desert Storm. AdvertisementFor nearly a century, Ducati motorcycles have been some of the most sought-after in the world. Related VideoSince 2016, Ducati North America CEO Jason Chinnock has been the executive tasked with running the motorcycle maker's crucial US business, its largest market outside Italy. Chinnock said veterans can also be strong hires for their discipline and ability to persevere when facing challenges.

Persons: Jason Chinnock, Chinnock, —, it's, Allan Tannenbaum, that's Organizations: Ducati North, US Army, Third Armored Division, Desert, Service, Ducati, Audi, Business, Army, Division, Operation Desert, Chinnock, US Armed Forces Locations: Desert Storm, Italy, Iraq, Persian

☆ 'The Diplomat' season 2 finale completely shakes up Kate's bid for the vice presidency
▼ + stars: | 2024-10-31 | by ( Palmer Haasch | ) www.businessinsider.com time to read: +8 min

A major character death at the end of "The Diplomat" season two throws a wrench into the series. Keri Russell's titular diplomat, Kate Wyler, now faces a more challenging path to the vice presidency. AdvertisementNetflix's "The Diplomat" is a blisteringly fun political drama that leans into the melodrama of international politics — and like in its first season, season two concludes with yet another cliffhanger season finale. As she unravels the conspiracy behind the aircraft attack, she also has to contend with Vice President Grace Penn (an excellent Allison Janney) showing up in London. "The Diplomat" season two is streaming in full on Netflix.

Persons: Keri Russell's, Kate Wyler, —, Debora Cahn, It's, Grace Penn, Allison Janney, Kate, Grace, Keri Russell, Margaret Roylin, Nicolas Trowbridge, Trowbridge —, Trowbridge, Hal, Roylin, Rufus Sewell, she's, William Rayburn, Janney, that's, Russell, Rolling, Grace aren't, Hal ., Joe Biden's, Rayburn, Biden, Kamala Harris, Cahn Organizations: Service, British, Golden Globe, Netflix, United, State Department, United States Locations: United States, United Kingdom, Persian, States, London, Russian, Scotland, Europe, Russia, New York

☆ One of Republicans’ biggest inflation cudgels against Democrats has evaporated
▼ + stars: | 2024-10-29 | by ( Matt Egan | ) edition.cnn.com time to read: +5 min

It’s a crucial trend that undercuts one of the biggest arguments Republicans have used to hammer Democrats over the cost of living. Although gas prices are down and the rate of inflation has cooled sharply, consumers are still hurting from years of price hikes. After Russia invaded Ukraine, oil prices skyrocketed due to fears of massive supply disruptions. Drivers rolling up to gas stations in some battleground states are enjoying significant price drops, including Nevada (79 cents cheaper than a year ago), Arizona (78 cents cheaper), Pennsylvania (36 cents cheaper) and Wisconsin (32 cents cheaper). But for now the markets appear to be bracing for muted prices, a situation that should keep a lid on gas prices.

Persons: Harris, ” Patrick De Haan, It’s, we’re, ”, De Haan, Donald Trump, Kamala Harris, Biden, Trump, Tom Kloza, Kloza, Brent, “ Organizations: New, New York CNN, Biden, CNN, AAA, Drivers, Iran, Oil Price Information Service, Citigroup, ClearView Energy Partners Locations: New York, Nevada, Arizona, Russia, Ukraine, Pennsylvania, Wisconsin, Israel, Iran, Persian, China, United States

☆ I tried Elon Musk's Starlink WiFi on its first Qatar Airways flight. Making video calls at 36,000 feet is a game changer for business and leisure.
▼ + stars: | 2024-10-26 | by ( Pete Syme | ) www.businessinsider.com time to read: +5 min

I was on board Qatar Airways' first flight featuring Elon Musk's Starlink internet. AdvertisementQatar Airways launched its first flight featuring Elon Musk's Starlink WiFi on Tuesday — and Business Insider was invited to the event. I was flying in the QSuite business class for this media event, but Starlink WiFi is free for passengers in every cabin. By contrast, the Starlink WiFi was as high as 215 megabits — faster than most home internet speeds. Crucially, there's almost no downtime as Starlink operates gate-to-gate, while standard inflight WiFi is only activated at cruising altitude.

Persons: Elon Musk's, —, Elon, Starlink cupcakes, Pete Syme, Tom Boon, Thom, laud Organizations: Qatar Airways, Service, Business, Doha's Hamad International Airport, Skytrax, Airlines, United Airlines, Air Locations: Doha's, Qatar, London, Europe, Instagram, Air France, Persian

Israel is also heavily backed by the United States, which has supplied more than 29,000 guided bombs, artillery rockets and assorted missiles since 2009. A spiraling conflict between Iran and Israel, one of the United States’ closest allies, could pull U.S. forces positioned throughout the region into the fray. Israel has told the United States that it will not attack Iran’s nuclear or oil facilities in its expected attack. Though highly unlikely, an Israeli strike on Iran’s oil facilities could prompt Iran or its proxies to target refineries in Saudi Arabia or the U.A.E. This April, Iran’s attack involving more than 300 drones and missiles, in retaliation for Israel’s killing of seven Iranian officials in Syria, shattered that supposition.

Persons: Arash Khamooshi, Abbas Araghchi, Biden, emboldening Israel, Chang W, Lee, Yahya Sinwar, Israel Organizations: Iranian Revolutionary Guard, The New York Times, International Institute for Strategic Studies, United, Senior Pentagon, The Defense Department, Area Defense, Defense, New York Times, United Arab, United Nations Locations: Israel, Gaza, Yemen, Lebanon, Iran, United States, Tehran, U.S, Gulf States, Guam, Qatar, United Arab Emirates, Bahrain, Kuwait, Saudi Arabia, Hormuz, Persian, Palestine Square, Gaza . Credit, Syria

☆ The manufacturer of Nvidia, AMD chips soothes concerns that rocked the industry Tuesday
▼ + stars: | 2024-10-17 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +5 min

To be sure, a Bloomberg report earlier Tuesday that the U.S. government was considering a cap on AI chip exports to certain Persian Gulf nations may also have dampened industry sentiment. Investors are sensitive to any updates on AI chip demand, given the dramatic rise in the stocks of Nvidia, AMD, Broadcom and others over the past two years. Bottom line Artificial intelligence is alive and well, according to TSMC, which has emerged as the most valuable window into AI demand other than Nvidia itself. With Big Tech earnings in the coming weeks, it's particularly nice to see the AI chip trade stabilize after the ASML debacle. Jim said Thursday that AMD, which has way underperformed Nvidia, Broadcom and the broader market, is "still a bargain."

Persons: Wei, It's, Jensen Huang, TSMC, Jim, we're, Jim Cramer's, Jim Cramer Organizations: Taiwan Semiconductor Manufacturing Company, Nvidia, Devices, Broadcom, CNBC, Nvidia's, iShares Semiconductor, AMD, Bloomberg, Big Tech, Apple, Club, Getty Locations: U.S, Hsinchu, Taiwan

☆ We're adding to a tech stock that's been on our shopping list since last week
▼ + stars: | 2024-10-15 | by ( Jeff Marks | ) www.cnbc.com time to read: +2 min

Following the trade, Jim Cramer's Charitable Trust will own 575 shares of AMD, increasing its weighting to 2.70% from 2.35%. We also liked how she raised AMD's total addressable market forecast for AI chips to over $500 billion by 2028. As for fellow Club stock Nvidia , it's always good to remember that demand is so strong that its chips are on allocation. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer's, We've, Lisa Su's, Biden, it's, Jim Cramer, Jim Organizations: AMD, Bloomberg News, Nvidia, Microsoft, Club, CNBC

☆ Don't own the AI chip leaders? Jim Cramer says this might be your chance to act
▼ + stars: | 2024-10-15 | by ( Paulina Likos | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. "This is a very cheap stock versus Nvidia" Jim Cramer said. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Stocks, Jim, Johnson, Goldman Sachs, Jim Cramer's Organizations: CNBC, Nvidia, Devices, Bloomberg, AMD, Texas, Coterra Energy, Analysts, YouTube, Federal, Dow, Johnson, Bank of America, Walgreens Locations: Persian, Israel, U.S

☆ Hot chip stocks suffer a tough one-two punch, but there are winners in Tuesday's down market
▼ + stars: | 2024-10-15 | by ( Jeff Marks | ) www.cnbc.com time to read: +5 min

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street.

Persons: Jim Cramer, Biden, ASML, Christophe Fourquet, We're, LVMH, Luis Vuitton, it's, Estee Lauder, JB Hunt, Morgan Stanley, Abbott, Wells Fargo, Jim Cramer's, Jim Organizations: CNBC, ., Energy, Technology, Dow, Semiconductors, Nvidia, Devices, Bloomberg News, U.S, Broadcom, Micron, Taiwan Semiconductor Manufacturing, United Airlines, Interactive, Abbott Laboratories, Jim Cramer's Charitable Locations: U.S, France, China, Estee

☆ Chipmakers tumble as ASML forecast cut issues a growth warning to the sector
▼ + stars: | 2024-10-15 | by ( Kelly Cloonan | ) www.businessinsider.com time to read: +3 min

Chip stocks tumbled Tuesday, with NVDA and AMD down 5% and ASML plunging 16%. The sector was also rattled by reports that the US is weighing a cap on chip exports. Other chip stocks followed, with NVDA dipping almost 5%, AMD falling 5.3%, and Broadcom tumbling 3.5% around midday Tuesday. Flows into AI stocks slowed over the summer as investors expressed worries about returns on huge spending on AI. AdvertisementReports that the US is weighing a cap on chip exports from American chipmakers only compounded the industry's tumultuous start to the week.

Persons: —, ASML, SMCI, Christophe Fouquet, Biden, Nvidia — Organizations: NVDA, AMD, Service, Semiconductor, Broadcom, Bloomberg, Investment, Nvidia Locations: Dutch, €, American, East, Africa, Asia, China

☆ Asia-Pacific markets open higher after key Wall Street benchmarks hit record highs
▼ + stars: | 2024-10-15 | by ( Dylan Butts | ) www.cnbc.com time to read: 1 min

The port at Busan, South Korea, in 2020. South Korea and Japan are especially dependent on shipping lanes that traverse the South China Sea, linking them to the Indian Ocean, Persian Gulf and beyond. Asia-Pacific markets opened higher Tuesday, following gains on Wall Street that saw the Dow Jones Industrial Average and the S&P 500 Nasdaq Composite reach new record highs. Investors assessed trade data out of South Korea, which showed a trade surplus of $6.7 billion in September, up from $3.7 billion in the previous month. South Korea's Kospi opened 0.05% higher, while the small-cap Kosdaq was up 0.4%.

Persons: Australia's Organizations: Dow Jones Industrial, Nasdaq, Kospi, Nikkei Locations: Busan, South Korea, Japan, China, Persian Gulf, Asia, Pacific

☆ Why oil and gas markets are dreading the risk of supply disruption in the Strait of Hormuz
▼ + stars: | 2024-10-08 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +5 min

In 2022, oil flow in the Strait of Hormuz averaged 21 million barrels per day, according to the U.S. Energy Information Administration (EIA). Saul Kavonic, senior research analyst at MST Financial, said supply disruptions along the Strait of Hormuz could send oil prices significantly higher. Oil prices traded more than 3% on Monday, extending gains even after notching their sharpest weekly gain since early 2023 last week. "But seeing where the oil price sits right now the market doesn't seem to hold much probability for such a development at all," he added. "A significant disruption to these flows would be enough to push oil prices to new record highs, surpassing the record high of close to $150/bbl in 2008," he added.

Persons: Alan Gelder, Wood Mackenzie, CNBC's, Iraq —, Gelder, Saul Kavonic, Kavonic, Bjarne Schieldrop, SEB, Brent, Schieldrop, Warren Patterson, Patterson Organizations: Nurphoto, U.S . Energy Information Administration, Energy, Brent, U.S, West Texas, ING, bbl, United Arab Emirates, Space Shuttle Columbia Locations: Persian, Bushehr, Iran, Hormuz, Oman, Strait, Israel, Saudi Arabia, Kuwait, Iraq, UAE, Gulf, Muscat

☆ Goldman Sachs says crude could spike by $20 on Iran oil shock
▼ + stars: | 2024-10-04 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +4 min

The oil tanker 'Devon' prepares to transfer crude oil from Kharg Island oil terminal to India in the Persian Gulf, Iran, on March 23, 2018. Oil prices could shoot up $20 per barrel if Iranian production sees a hit resulting from Israeli retaliation, according to Goldman Sachs. U.S. crude oil prices just saw a third consecutive session of gains after Iran launched a ballistic missile attack on Israel, heightening tensions in the region. If Israel hits Iran's oil industry, supply disruptions in the Strait of Hormuz could become of concern, other analysts echoed. This strategically significant waterway connects crude oil producers in the Middle East with major global markets.

Persons: Struyven, Daan Struyven, Goldman Sachs, CNBC's, Saul Kavonic, Joe Biden, Brent Organizations: U.S . Energy Information Administration, Oil, CNBC, White, bbl, USD150, Fitch Solutions, BMI Locations: Devon, India, Persian Gulf, Iran, Saudi Arabia, UAE, Israel, U.S, China, Hormuz, Strait, Oman, OPEC

☆ Satellite imagery shows Iranian oil tankers at country’s major terminal disappearing amid fears of Israeli counterattack
▼ + stars: | 2024-10-04 | by ( Natasha Turak | ) www.cnbc.com time to read: +5 min

A general view of the Port of Kharg Island Oil Terminal in Iran on March 12, 2017. Fatemeh Bahrami | Anadolu Agency | Getty ImagesSatellite imagery revealed a number of oil tankers vacating the waters around Iran's key Kharg Island oil loading terminal, amid fears of an Israeli counterattack on Tehran's energy infrastructure. Their empty VLCC supertankers vacated the country's largest oil terminal, Kharg Island, yesterday," tracking firm TankerTrackers.com wrote in a post on the X social media platform on Thursday evening. VLCC tankers are specifically designed to transport large volumes of crude oil. Kharg Island: Iran's largest oil terminalLocated fifteen miles off Iran's northwestern coast, the Kharg Island terminal handles more than 90% of the country's crude exports.

Persons: Fatemeh, TankerTrackers.com, Hassan Nasrallah —, Samir Madani, Sara Vakhshouri, Joe Biden, Biden Organizations: Anadolu Agency, Getty, National Iranian Tanker Company, Copernicus, Sentinel, Sentinel Hub CNBC, CNBC, Kharg, SVB Energy, Brent, West Texas Locations: Kharg, Iran, Israel, Persian, London

☆ Why oil prices haven't skyrocketed on Middle East supply fears — yet
▼ + stars: | 2024-10-04 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +6 min

Iran, which is a member of OPEC, is a major player in the global oil market. It's estimated that as much as 4% of global supply could be at risk if Israel targets Iran's oil facilities. For some analysts, the reason crude prices have yet to move even higher is because the oil market is short. watch nowTamas Varga, an analyst at oil broker PVM, told CNBC via email on Thursday that the oil market was pricing in some risk premium given the geopolitical concerns. These fears, however, will be greatly alleviated in [the] coming days unless oil supply from the region or traffic through the Strait of Hormuz are materially impacted," he added.

Persons: Fatemeh, Goldman Sachs, SEB, Jeff Currie, Carlyle, CNBC's, it's, Currie, we've, Amrita Sen, We've, Sen, Joe Biden, Biden, Tamas Varga, " Varga, Benjamin Netanyahu, Masoud Pezeshkian Organizations: Anadolu, Getty, Energy, OPEC, Brent, U.S, West Texas, CNBC, White House, Islamic Revolutionary Guard Corps, Persian, Nurphoto Locations: Isfahan Refinery, Iran, Isfahan, Israel, Swedish, backwardation, bearishness, U.S, Hormuz, Oman, Tehran, Qatar, Persian, Bushehr, Bushehr province

☆ From missile batteries to oil refineries to nuclear labs, Israel could hit a wide range of targets in Iran
▼ + stars: | 2024-10-03 | by ( Dan De Luce | Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Courtney-Kube-Circle-Byline-Template.Jpg | ) www.nbcnews.com time to read: +7 min

If Israel decides to go that route, it remains an open question what parts of Iran’s oil sector Israel would try to attack. An attack on Iran’s oil industry could drive up oil prices and jolt the global economy. NuclearBiden said this week that the U.S. opposed any strikes on Iran’s nuclear program. Iran denies it has ever sought to build nuclear weapons and says its nuclear program is designed for civilian purposes. A 2015 nuclear agreement between Iran and world powers limited Iran’s nuclear project in return for an easing of economic sanctions.

Persons: Israel, Iran’s, ”, Monica Alba, Joe Biden, “, ” Biden, Fatemeh Bahrami, Nuclear Biden, Benjamin Netanyahu, Donald Trump Organizations: U.S, Energy, NBC News, Persian Gulf, Nuclear, Getty, of Atomic Scientists Locations: Iran, Tehran, Israel, Strait, Hormuz, Persian, U.S, Persian Gulf Star, Bandar Abbas, Fordow, Isfahan, Khondab, Iranian

☆ $100 oil could be the October surprise no one wanted
▼ + stars: | 2024-10-03 | by ( Matt Egan | ) edition.cnn.com time to read: +7 min

New York CNN —The Middle East is in chaos, and the oil market is remarkably calm about it. The chill reaction in the oil market reflects a boy-who-cried-wolf mindset that has set in. Even just two years ago, oil prices skyrocketed to $130 a barrel in March 2022 after Russia invaded Ukraine. Oil prices skyrocketed in 2019 when Saudi oil facilities were damaged in an attack that US officials blamed on Iran. A disruption in the Strait of Hormuz could send oil prices above $100 a barrel, according to ClearView.

Persons: ”, Bob McNally, “, It’s, McNally, George W, Bush, Israel, ” Helima, Joe Biden, Croft, internationalize, Kevin Book, ClearView, it’s, Biden Organizations: New, New York CNN, Investors, Rapidan Energy Partners, Israel, RBC Capital Markets, CNN, CIA, ClearView Energy Partners, International Energy Agency, RBC, Strategic Petroleum Reserve, Citigroup, Citi Locations: New York, Iran, China, OPEC, Saudi Arabia, Russia, United States, ” Helima Croft, Ukraine, Israel, Saudi, Strait, Hormuz, Riyadh, Persian

☆ Crude oil jumps nearly 3% as Israel vows 'painful' response to Iran missile attack
▼ + stars: | 2024-10-02 | by ( Spencer Kimball | ) www.cnbc.com time to read: +1 min

U.S. crude oil rose nearly 3% on Wednesday as traders fear Israel could target Iran's oil infrastructure in retaliation for a ballistic missile attack. Israel's ambassador to the United Nations, Danny Danon, vowed late Tuesday that Israel will exact a "painful" response against Iran. Danon's threat came hours after the Islamic Republic launched around 180 ballistic missiles at Israel in retaliation for the assassination of top Hamas and Hezbollah leaders. Israel might take aim at Iran's oil industry to hit Tehran's income and degrade its ability wage war, they said. OPEC+ is planning to increase oil production in December, and U.S. output has been set records.

Persons: Danny Danon, Piper Sandler, Goldman Sachs, Yulia Zhestkova Grigsby Organizations: United Nations, Islamic Locations: Israel, Iran, Islamic Republic, Persian, China

☆ Israel retaliation may target Iran oil infrastructure, boosting prices further, Wall Street analysts say
▼ + stars: | 2024-10-02 | by ( Spencer Kimball | ) www.cnbc.com time to read: +3 min

The expanding war in the Middle East, however, has reached a new boiling point as Israel has vowed a "painful" response to Iran's attack. The government of Prime Minister Benjamin Netanyahu could take aim at the Islamic Republic's oil infrastructure in retaliation, geopolitical and crude market analysts say. "The next turn in this retaliation spiral may very well involve oil – via the degrading of Iran's oil capacityor Iran's proxies attacking oil and gas shipping from the Persian Gulf," Piper Sandler analysts told clients in a Wednesday research note. If Iran's oil exports of around 1.8 million bpd were taken offline, prices would likely jump by at least $5 per barrel, McNally said. An escalation on this scale could send oil prices higher in increments of $10 per barrel, the analyst said.

Persons: Ali Mohammadi, Benjamin Netanyahu, Helima Croft, Jack Jacobs, Jacobs, Croft, Piper Sandler, Bob McNally, McNally Organizations: Persian Gulf, Bloomberg, Getty, OPEC, RBC Capital Markets, U.S, Army, Rapidan Energy Locations: Bandar Abbas, Iran, Israel, China, Persian

☆ Israel's Iron Dome missile defense system almost didn't get built
▼ + stars: | 2024-09-21 | by ( Michael Peck | ) www.businessinsider.com time to read: +8 min

Some of the IDF brass feared that missile defense would lead to a defensive mentality, rather than taking the war to the enemy. Ran Kochav, the former head of Israel's air and missile defense system. Indeed, there were similar criticisms in the US as to whether President Ronald Reagan's "Star Wars" missile defense would work. Israel's missile defense system faced its most difficult test in April, when Iran launched hundreds of missiles and drones at Israel. Ultimately, the virtue of missile defense may be that it is the least bad alternative.

Persons: Sidharth Kaushal, Ran Kochav, Israel Defense Forces —, Critics, Kochav, Ronald Reagan's, Yitzhak Rabin, Saddam Hussein, Israel, JALAA MAREY, RUSI, Michael Peck Organizations: Service, Israel Defense Forces, Royal United Services Institute, Business, Cricket, Israeli Air Force, General Staff, Getty, Arrow, Israel, Iron, IDF, Forces, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: Israel, British, Iran, Brig, Lebanon, Israeli, AFP, Gaza, Hezbollah, Britain, Jordan, Ukraine, Russia, Forbes

☆ Israel and US brace for Iranian attack as diplomats push hard for Gaza ceasefire
▼ + stars: | 2024-08-12 | by ( Christian Edwards | ) edition.cnn.com time to read: +6 min

CNN —Israel and the United States are preparing for a potential Iranian attack on Israel as efforts to secure a ceasefire in Gaza intensify, with talks set to resume this week amid intense diplomacy to avert a wider regional war. A major Iranian attack reprisal against Israel could risk derailing the ceasefire talks that US officials have said were at an advanced stage prior to the assassination of Hamas’ political leader Ismail Haniyeh in Tehran, which Iran blamed on Israel. But the country’s mission to the United Nations said on Saturday that Tehran’s retaliation to Israel’s suspected killing of Haniyeh is “totally unrelated to the Gaza ceasefire,” adding that it has a right to self-defense. Palestinians pray next to the bodies of those killed in an Israeli strike on a school sheltering displaced people in Gaza City on Saturday. Egyptian and Qatari mediators have told Israel that Sinwar wants a deal, an Israeli source familiar with the matter told CNN.

Persons: CNN —, –, Ismail Haniyeh, Israel hasn’t, Israel, hasn’t, Iran’s, Ayatollah Ali Khamenei, “, ”, Haniyeh, Lloyd Austin, Israel “, William Gore, Lebanon –, Fu’ad Shukr, Abed Sabah, Yahya Sinwar –, Israel –, Joe Biden, Sinwar, Benjamin Netanyahu, Bibi, Netanyahu Organizations: CNN, Qatari, Doha, United, Islamic Revolutionary Guard Corps, United Nations, US, USS, Pentagon, Congress, UN, Spc, US Navy, Reuters, –, US National Security Council, Israel Defense Forces Locations: CNN — Israel, United States, Israel, Gaza, Iran, Cairo, Egypt, Qatar, Tehran, France, Germany, United Kingdom, USS Georgia, Manama, Bahrain, Lebanon, Beirut, Gaza City

☆ The US Navy is on its fourth aircraft carrier as its warships react to fighting in the Middle East
▼ + stars: | 2024-08-05 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

Read previewThe US Navy is sending another aircraft carrier to the Middle East. AdvertisementThe aircraft carrier USS Abraham Lincoln, right, follows the guided missile cruiser USS Cape St. George as the ships transit the Strait of Hormuz in May 2012. A carrier strike group consists of a carrier, its air wing, and other warships like destroyers and cruisers. The US also deployed the Dwight D. Eisenhower Carrier Strike Group to the Eastern Mediterranean as regional tensions flared. It then pivoted to the Middle East to defend merchant shipping lanes in the Red Sea and Gulf of Aden from Houthi attacks.

Persons: —, Abraham Lincoln, Israel, It's, Lincoln, George, Alex R, Forst, Gerald R, Dwight D, Eisenhower, Theodore Roosevelt Carrier, Roosevelt Organizations: Service, US Navy, Pentagon, Saturday, Abraham Lincoln Carrier Strike, Business, Hamas, Ford Carrier Strike Group, Israel, US, Eisenhower Carrier Strike Group, Ford, Eisenhower, AP, Theodore Roosevelt Carrier Strike, Lincoln, USNI, Fleet, Department of Defense, US Central Command, Command Locations: Israel, Iran, Tehran, Cape St, Hormuz, Gaza, Yemen, Lebanon, Iraq, Syria, Gulf, Aden, Persian, United States

Thousands packed Qatar’s largest mosque on Friday for the funeral of Ismail Haniyeh, Hamas’s political leader, hours after President Biden said his killing could hurt the monthslong effort to negotiate a cease-fire in Gaza. Mr. Haniyeh, who was based in the Persian Gulf nation, had been a negotiator in the cease-fire talks between Israel and Hamas. His death in an explosion in Iran on Wednesday and the assassination of the Hezbollah commander Fuad Shukr in an Israeli airstrike in Lebanon on Tuesday have put the Middle East on edge, bracing for a possible escalation in retaliatory violence. Asked by a reporter on Thursday night whether the killing of Mr. Haniyeh had ruined the prospect of a negotiated cease-fire in Gaza, Mr. Biden said, “It has not helped.”He added that he had a “very direct” conversation with Prime Minister Benjamin Netanyahu of Israel earlier that day and had urged him to agree to a deal to stop the war in Gaza and free the remaining people kidnapped in the Hamas-led attack on Israel on Oct. 7.

Persons: Ismail Haniyeh, Biden, Haniyeh, Fuad Shukr, Mr, Benjamin Netanyahu, Israel Organizations: Hamas Locations: Gaza, Persian, Israel, Iran, Lebanon

☆ Destroyer captain says the US Navy's Red Sea fight is more intense than even the Tanker War in the 1980s
▼ + stars: | 2024-07-20 | by ( Jake Epstein | ) www.businessinsider.com time to read: +8 min

One rare exception to this was the Tanker War that was a part of the larger Iran-Iraq War in the 1980s. "And that's why I compare that more so to World War II than, I'd say, even outpacing what was seen during the Tanker War." Specifically from the perspective of the almost non-stop air-defense engagements, the Red Sea fight has definitely been more intense than anything the US Navy has seen since World War II, including the Tanker War, he said. AdvertisementThe Second World War was much more intense given the fleets that were facing off. "Certainly, it's the most intense air-defense challenge we've encountered in a long time," Macy said of the Red Sea fight.

Persons: —, Houthi, Mason, Dwight D, Cmdr, Justin Smith, Samantha Alaman, Carney, Smith, Eisenhower, Archer Macy, Mark Duncan, Macy, we've Organizations: Service, US Navy, Business, Eisenhower Carrier Strike Group, Navy, Tanker, AP, Center for Strategic, Studies ' Missile Defense, US Locations: Gulf of Aden, Korea, Vietnam, Iran, Iraq, Gulf, Aden, Persian Gulf, Tehran, Iraqi, Red, Persian, Salle, La Salle, Okinawa, Yemen

☆ The US Navy's Red Sea fight is more intense than even the Tanker War in the 1980s, destroyer captain says
▼ + stars: | 2024-07-20 | by ( Jake Epstein | ) www.businessinsider.com time to read: +8 min

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