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☆ 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

☆ 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

☆ A trio of crises threatens to upend the race 5 weeks before Election Day
▼ + stars: | 2024-10-03 | by ( Alice Tecotzky | Erin Snodgrass | ) www.businessinsider.com time to read: +10 min

A trio of emergencies has all struck just five weeks ahead of the 2024 presidential election. Both Donald Trump and Kamala Harris will be forced to reckon with the crises in the final days of their campaigns. AdvertisementViolence in the Middle East, a massive labor strike among East Coast and Gulf Coast dockworkers, and the devastation of Hurricane Helene all struck with only five weeks before the 2024 presidential election. "What we've seen out of Vice President Harris is we've seen steady leadership," he said when talking about the Middle East. What matters most now is how the candidates' messaging lands with specific communities impacted by these crises, Loge said.

Persons: Hurricane Helene, Donald Trump, Kamala Harris, —, Israel, Peter Loge, David Jones, Trump, Joe Biden, Randall Adkins, Adkins, Loge, it's, Sen, JD Vance, Tim Walz, Vance, Harris, Walz, Biden, she's, BRYAN R, SMITH, Jones, Grace Cary, Helene Organizations: Service, East, School of Media, Public Affairs, George Washington University, Baruch College, City University of New, Trump, University of Nebraska, Gov, Logistics, JPMorgan, Getty, Biden Locations: Hurricane, East Coast, Gulf Coast, East, Middle, Iran, Israel, Lebanon, Tehran, City University of New York, University of Nebraska Omaha, American, Arizona, Georgia, Wisconsin, North Carolina, Michigan

☆ October surprises are piling up, but a toss-up race seems impervious to shocks
▼ + stars: | 2024-10-03 | by ( Stephen Collinson | ) edition.cnn.com time to read: +14 min

The trio of tests facing Harris comes with potential economic, political and humanitarian consequences if the administration errs. And the new scrutiny of Trump’s behavior after the 2020 election could cause some voters to again question his fitness for the Oval Office. Former President Donald Trump speaks during a campaign event at Dane Manufacturing in Waunakee, Wisconsin, October 1, 2024. NONE OF THIS HAPPENED WHILE I WAS PRESIDENT!” Trump wrote on Truth Social on Tuesday. But Trump has already tried to manipulate the tragedy for political gain, accusing Biden of “sleeping” following the storm.

Persons: Donald Trump, Kamala Harris, Biden, Hurricane Helene, Trump, Jack Smith, ’, Harris, Kamil Krzaczynski, Trump’s, ” Smith, Smith, ” Trump, Steven Cheung, JD Vance couldn’t, Augusta Mayor Garnett Johnson, Brendan Smialowski, Joe Biden, Helene, Amir Cohen, Hassan Nasrallah, Benjamin Netanyahu’s, Netanyahu’s, Netanyahu, “, ”, There’s, egging Netanyahu, Spencer Platt, “ Donald Trump …, Still, Mandel Ngan, they’ve, Brian Kemp, ” Biden, we’re Organizations: CNN, Oval, Dane Manufacturing, Getty, Trump, ”, Radical Democrats, Republican, Augusta, Democratic, White, Reuters, Wednesday, Democratic Party, Port, International Longshoremen’s Association, Biden, Republican Party, GOP, Raleigh Emergency Operations Center, Pentagon, National Guard, Georgia Republican Gov Locations: Hurricane, Waunakee , Wisconsin, AFP, Meadowbrook, Augusta , Georgia, Iran, Israel, United States, Tehran, Russia, Ukraine, Ashkelon, Lebanon, Gaza, Islamic Republic, Washington, Michigan, New York, Newark, Staten Island , New York, Gulf Coast, Raleigh , North Carolina, Georgia, North Carolina

☆ A US Navy missile that just scored its first kill this year got another workout against Iranian weapons
▼ + stars: | 2024-10-03 | by ( Jake Epstein | ) www.businessinsider.com time to read: +3 min

US Navy warships defending Israel from Iran's missile attack on Tuesday fired SM-3 interceptors. The SM-3 scored its first-ever kill while defending Israel in April from an Iranian bombardment. AdvertisementThe US Navy warships that engaged a massive barrage of Iranian ballistic missiles in defense of Israel on Tuesday fired SM-3 interceptors, a weapon that scored its first-ever kill earlier this year. Two destroyers operating in the Eastern Mediterranean Sea fired around a dozen interceptors at the Iranian missiles, a number of which were shot down. A Navy official confirmed to Business Insider on Thursday that the destroyers fired the Standard Missile 3, or SM-3, during the battle.

Persons: —, Navy Carlos Del Toro, Hassan Nasrallah, Ismail Haniyeh, Bill Urban, USS Cole, USS Bulkeley Organizations: Service, US Navy, Tuesday, Navy, Business, Combat, USNI, US, White House, US Naval Forces Locations: Israel, Iran, China, Tehran, US Naval Forces Europe, Africa

☆ Russia is likely trying to exploit the conflict in the Middle East to expand its influence, war experts say
▼ + stars: | 2024-10-03 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +6 min

AdvertisementThe Kremlin is likely trying to exploit the conflicts in the Middle East to expand its own influence, according to military experts. Wall Street's main indexes opened lower again on Thursday amid persistent worries that hostilities in the Middle East could escalate. Advertisement"Russia clearly benefits from the war in the Middle East, at least since it distracts global attention from Ukraine," he added. AdvertisementRussia "wants to appear relevant in the Middle East but not getting sucked in ongoing conflicts," he said. It said it was trying, through these efforts, to regain major influence on Middle Eastern and Eastern Mediterranean gas sales, especially liquefied natural gas.

Persons: —, Hezbollah's, Hassan Nasrallah, Mikhail Bogdanov, Israel, Anatoly Viktorov, Sergey Lavrov, Vladimir Putin, Alexander Libman, Mark N, Katz, doesn't, It's Organizations: Service, Russian, Israel, Lebanese, Israel Defense Forces, TASS, Washington Institute for Near, Policy, Free University of Berlin, George Mason University, Reuters, Jamestown Foundation Locations: Israel, Iran, Russia, Lebanon, Ukraine, Tehran, Red, Iraq, Syria, Palestinian, Eastern

☆ U.S. crude oil rises for third day as traders fear Middle East escalation that disrupts supplies
▼ + stars: | 2024-10-03 | by ( Spencer Kimball | ) www.cnbc.com time to read: +1 min

U.S. crude oil prices rose nearly 2% on Thursday for a third consecutive session of gains, as the market braces for Israel to retaliate against Iran. The risk of oil supply disruptions increases as fighting in the Middle East intensifies, but OPEC+ is sitting on a large amount of spare crude that could step into the breach, according to Claudio Galimberti, chief economist at Rystad Energy. U.S. crude oil has gained 5% this week. "That would add a significant risk premium to oil," he told CNBC's "Street Signs Europe." As a consequence, oil prices could surge to $200 per barrel if Israel hits Iran's oil infrastructure, he said.

Persons: Claudio Galimberti, Galimberti, Bjarne Schieldrop, Schieldrop, CNBC's Organizations: Rystad Energy Locations: Israel, Iran, OPEC, Swedish, Strait, Hormuz

☆ One of Iran's most advanced missiles made an appearance in its massive attack on Israel
▼ + stars: | 2024-10-03 | by ( Jake Epstein | ) www.businessinsider.com time to read: +5 min

Iran said it fired its new Fattah missile during the attack against Israel on Tuesday. The medium-range ballistic missile is one of the most advanced in Iran's arsenal. AFP via Getty ImagesThe Fattah-1 is a medium-range ballistic missile considered one of the most advanced in Iran's arsenal. In April, Iran launched a much larger barrage overall with around 170 attack drones, 30 cruise missiles, and 120 ballistic missiles. Still, some of the Iranian missiles managed to impact on land, although they did not appear to cause significant damage.

Persons: —, Hassan Nasrallah, Ismail Haniyeh, Shaan Shaikh, Farzin, Chen Junqing, Shaikh Organizations: Israel, Service, Islamic Revolutionary Guard Corps, Business, Getty, Missle, Center for Strategic, International Studies, The Washington Institute for Near East, Getty Images, Institute for, AP, American, Iranian Locations: Iran, Tehran, Israel, Iranian, AFP, Jerusalem, Xinhua

☆ Why Iran relies on ballistic missiles to threaten its adversaries
▼ + stars: | 2024-10-03 | by ( Paul Iddon | ) www.businessinsider.com time to read: +7 min

"Iran uses ballistic missiles as a replacement for aircraft," a regional expert said. Iran used more ballistic missiles than the 120 it launched during its April barrage, its first direct attack on Israel. Iran has also shown a preference for firing ballistic missiles against less-defended targets closer to home. Since 2017, Iran has also used its ballistic missiles against ISIS in Syria, following terrorist attacks in Iran and, on one occasion, alleged militant targets in Pakistan. In January 2024, Tehran even used ballistic missiles to destroy a businessman's residence in neighboring Iraqi Kurdistan.

Persons: —, Nicholas Heras, Sebastien Roblin, Roblin, Institute's Heras, Heras Organizations: Service, Israel, US Navy, New Lines Institute, Ballistic, ISIS, Islamic Revolutionary Guard Corps, Israeli Air Force, Iranian, West Bank, Patriot Locations: Iran, Israel, Tel Aviv, Jordan, Iraq, Syria, Pakistan, Iranian, Tehran, Iraqi Kurdistan, AFP Iran, East, Russia

Iran’s Revolutionary Guard Corps said in a statement that Wednesday’s strikes on Israel were a response to the death of Hezbollah leader Hassan Nasrallah in an Israeli airstrike last week and the killing of Hamas’ political leader in Tehran. Hamas' Gaza chief Yahya Sinwar in 2021. “Europeans and the U.S. said if we do not act, there will be peace in Gaza in one week. Naim also insisted that Mohammed Deif, head of Al-Qassam Brigades, Hamas’ military wing, was still alive. He added that Hamas' current leadership, including himself, “are aware that they might pay a very high price, including their own life.”

Persons: Basem Naim, Iran “, Yahya Sinwar, Hamas ’, Hassan Nasrallah, Mustafa Hassona, Ismail Haniyeh, Masoud Pezeshkian, Haniyeh’s, Pezeshkian, “, Haniyeh, ” Pezeshkian, Naim, ” Sinwar, ”, Sinwar, Mohammed Deif, Israel Organizations: Israel, NBC News, Hamas, Iran’s Revolutionary Guard Corps, Anadolu Agency, Getty, Asia Cooperation, Iran’s Student News Network, Brigades, ’ Locations: DOHA, Qatar, Iran, Qatar’s, Doha, Israel, Tehran, Hamas, Gaza, Qatari, ”, U.S, Saman

Israel has vowed to respond with violent force to Iran’s ballistic missile attack. Could Israel seek to target Iran's oil facilities and even its nuclear sites? One thing is clear, an Israeli official told NBC News on Wednesday — the country will retaliate swiftly. Prime Minister Benjamin Netanyahu and Israel’s military and intelligence leaders were meeting at the defense ministry to discuss what this might look like. The last time Iran fired missiles at Israel six months ago, Washington persuaded Israel to hold back from a major response.

Persons: Israel, Benjamin Netanyahu, Rosh HaShana, António Guterres, Guterres, Masoud, ”, Netanyahu, obliterating, Hassan Nasrallah Organizations: NBC News, Israel, Hamas Locations: Israel, United States, Iran, Tehran, Gaza, Palestinian, Lebanon, Washington

Israelis take cover as projectiles launched from Iran are being intercepted in the skies over in Rosh HaAyin, Israel, on October 1, 2024. The Pentagon said the attack on Tuesday was twice as large as Iran’s last barrage against Israel in April. Tehran said the barrage was a response to the killing of Hezbollah leader Hassan Nasrallah and others. It opted for a limited response back in April following pleas by the US and other allies to exercise restraint. But the words used by Israeli officials on Tuesday suggests the reaction might be more forceful this time.

Persons: Maya Alleruzzo, Benjamin Netanyahu, ”, Yemen —, Hassan Nasrallah, Israel, Daniel Hagari, ” Hagari, Israel didn’t, —, CNN’s Nic Robertson Organizations: Israel, Pentagon, Israel Defense Forces Locations: Iran, Rosh HaAyin, Israel, Tehran, Gaza, Hezbollah, Lebanon, Yemen, Syria

☆ As Netanyahu vows Iran payback, markets watch for dangers of further escalation
▼ + stars: | 2024-10-02 | by ( Natasha Turak | ) www.cnbc.com time to read: +5 min

Markets are now braced for what could follow a likely Israeli retaliation against Iran. watch nowOil prices gained over 5% in the previous session following the missile strike, before tapering to a 2.5% climb. Oil infrastructure 'tempting targets for Israel'Lewis Sage-Passant, an adjunct professor of intelligence at Sciences Po in Paris, described energy markets as jittery, as investors watch for Israel's next moves. Even without direct targeting, much of the world's oil infrastructure sits under these missile's flight paths, so naturally everyone is very nervous." Questions remain whether a strong Israeli response would restore deterrence or trigger further escalation from Iran and tip the nations into a full-blown war.

Persons: Amir Cohen, Hassan Nasrallah, Lewis Sage, Jake Sullivan, Roger Zakheim, what's, Zakheim, Abbas Araghchi, Sara Vakhshouri Organizations: Reuters Israel's, Brent, West Texas, Isles, RBC Wealth Management, Sciences Po, Israel, Energy, U.S . National, Ronald Reagan Institute, Investments, Saab, BAE Systems, Thales, Rheinmetall, Iran's, SVB Energy Locations: Ashkelon, Israel, Tel Aviv, Iran, Tehran, London, Asia, Paris, U.S, Washington

☆ Israel could launch a counterattack on Iran within days — but there's a key reason Netanyahu has less to fear this time
▼ + stars: | 2024-10-02 | by ( Mikhaila Friel | Thibault Spirlet | ) www.businessinsider.com time to read: +7 min

Iran launched a massive missile attack on Israel on Tuesday. AdvertisementIsrael may carry out a revenge attack on Iran within days, targeting oil sites, nuclear facilities, and key political figures, according to security experts. It comes in the wake of Iran's attack on Tuesday, in which Tehran reportedly fired nearly 200 missiles at Israel. "It is likely that the Israeli leadership has already anticipated the Iranian attack and has prepared for it," Voller said. Israeli Prime Minister Benjamin Netanyahu holds a meeting with the Security Cabinet after Iran's missile attacks on Israel in West Jerusalem on October 1, 2024.

Persons: Benjamin Netanyahu, —, Chris Doyle, Israel, Clionadh, underestimating, Doyle, Voller, Avi Ohayon, Axios, Ameneh, who's, ACLED Organizations: Service, Business, UK's University of Kent, Council, Center for Strategic, International Studies, Getty, US Central Command, Islamic Revolutionary Guard Corps Locations: Iran, Israel, Tehran, Israeli, Middle East, Lebanon, British, Clionadh Raleigh, West Jerusalem, Anadolu, United States, East, Raleigh

☆ 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

☆ A top US security official says America will make sure Iran faces 'severe consequences' for escalating its conflict with Israel
▼ + stars: | 2024-10-02 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +4 min

The US said that Iran will face "severe consequences" for its missile attack on Israel. Israel said that Iran fired 180 ballistic missiles at it on Tuesday, most of which were intercepted. AdvertisementThe US has promised "severe consequences" for Iran after it launched a massive ballistic missile strike on Israel on Tuesday. "We have made clear that there will be consequences, severe consequences for this attack, and we will work with Israel to make that the case," Sullivan added. "A direct military attack from Iran against Israel will carry severe consequences for Iran."

Persons: Israel, —, Jake Sullivan, Sullivan, Benjamin Netanyahu, Lloyd Austin, Ismail Haniyeh, Hassan Nasrallah, Krishnamoorti Organizations: Service, Israel Defense Forces, State, Israel's, White House, Israel, US Navy, Iranian, West Bank, New York Times, Tasnim News Agency, Iranian Armed Forces, University of Houston, ABC News Locations: Iran, Israel, Tehran, Beirut

☆ Regional war is effectively here. What Israel does next will be pivotal
▼ + stars: | 2024-10-02 | by ( Mick Krever | ) edition.cnn.com time to read: +6 min

CNN —In the days after Hamas’ October 7 attack on Israel, fears ran high of a regional war. The conflict would not be contained in Gaza, the thinking went – Hezbollah would attack Israel from the north, the Houthis from Yemen, and Iranian proxies from Iraq. Israel would be forced to respond, it would come into direct conflict with Iran, and the wider war would be upon us. A day after Iran launched its largest ever ballistic missile attack on Israel – and as Israeli troops battle Hezbollah fighters on the ground in Lebanon – regional war is effectively here. Now is the time that we can attack, because Iran is fully vulnerable.”Smoke rises following Israel's bombardment in southern Lebanon on Wednesday.

Persons: Israel, Israel –, West Bank –, ”, Fatemeh Mohajerani, Ismail Haniyeh, Maya Alleruzzo, Benjamin Netanyahu, Nasrallah, ” Netanyahu, Hassan Nasrallah, Naftali Bennett, you’ve, ” Bennett, Baz Ratner, “, United States –, Jake Sullivan Organizations: CNN, West Bank, Israeli, Israel, Hamas, “, National Locations: Israel, Gaza, Yemen, Iraq, Iran, Lebanon, Damascus, Iranian, Palestinian, Tehran, Rosh Haayin, Beirut, “, Hezbollah, Syria, Hodeidah, United States

☆ New videos show US Navy warship firing interceptors to fend off Iranian ballistic missiles launched at Israel
▼ + stars: | 2024-10-02 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

US Navy destroyers fired interceptors to defend Israel from Iran's ballistic missile attack Tuesday. A new video shows one of the destroyers — USS Bulkeley — launching its interceptors. AdvertisementNew video footage shared by the US Navy shows an American destroyer firing interceptors to engage the Iranian ballistic missiles launched at Israel on Tuesday. The ships involved in Tuesday's engagement were USS Cole and USS Bulkeley. AdvertisementThe guided-missile destroyer USS Bulkeley, which played a role in shooting down Iranian missiles that were fired at Israel on Tuesday.

Persons: Bulkeley, —, Bill Urban, Cole, USS Bulkeley, Urban, Hassan Nasrallah, Ismail Haniyeh, Daniel Hagari, Jake Sullivan, Pat Ryder, Zac Shea, Kamala Harris, Israel — Organizations: Navy, Service, US Navy, Israel, US Naval Forces, Combat, Business, . White, National, Pentagon, American Locations: US Naval Forces Europe, Africa, Israel, Iran, Tehran, Iranian

☆ What are the missiles in Iran’s arsenal and how does Israel counter them?
▼ + stars: | 2024-10-02 | by ( Brad Lendon | Gianluca Mezzofiore | ) edition.cnn.com time to read: +7 min

Here’s a look at Iran’s ballistic missile capabilities and the defensive systems employed by Israeli and other forces in the region. The Shahab-3 is the foundation for all Iran’s medium-range ballistic missiles using a liquid propellant, according to Patrick Senft, a research coordinator at Armament Research Services (ARES). But analysts point out that almost all ballistic missiles reach hypersonic speed during their flights, especially as they dive towards their targets. Some 180 ballistic missiles had been launched from Iran against Israel and intercepted in the sky across Israel on October 1, 2024. Meanwhile, the Arrow 3 uses hit-to-kill technology to intercept incoming ballistic missiles in space, before they reenter the atmosphere on their way to targets.

Persons: Kenneth McKenzie, Patrick Senft, Fabian Hinz, Hinz, “, ”, Trevor Ball, “ Israel, There’s, Israel, Israel’s RAFAEL, Matan Golan, Cole, Bulkeley, Pat Ryder, CNN’s Gianluca Mezzofiore, Haley Britzky Organizations: CNN, Missile, Center for Strategic, International Studies, US Air Force, Iran Watch, Wisconsin, Control, Armament Research Services, International Institute for Strategic Studies, US Army, country’s Missile Defense Organization, Defense System, Raytheon, CSIS, Missile Defense Advocacy Alliance, US, Navy, Pentagon, Aegis, Iranian Locations: Iran, Israel, United States, Jordan, Tehran, Jordanian

☆ What is happening between Israel and Iran and how might Israel respond to the latest attacks?
▼ + stars: | 2024-10-02 | by ( Helen Regan | ) edition.cnn.com time to read: +9 min

It’s the second time Iran has launched an aerial attack on Israel this year, but Tuesday’s barrage was of a different magnitude. Israel's anti-missile system intercepts rockets after Iran fired a salvo of ballistic missiles, as seen from Ashkelon, Israel, on October 1, 2024. While the Israeli military said most of the missiles were intercepted, some landed on Israeli soil and appeared to cause damage. Atta Kenare/AFP/Getty ImagesIn Gaza, Israel’s war against Hamas grinds on almost a year after the Palestinian militant group’s attack on Israel. Since Israel’s war in Gaza began, US troops have also been the target of escalating attacks by Iran-backed proxy groups.

Persons: Benjamin Netanyahu, Israel, Hassan Nasrallah, Israel –, Amir Cohen, Pat Ryder, “, Nasrallah, Jonathan Panikoff, Hezbollah's, Atta Kenare, Ismail Haniyeh, PMO, Netanyahu, Naftali Bennett, Masoud Pezeshkian, Alexi J . Rosenfeld, Matthew Miller, Lloyd Austin Organizations: CNN, Israel, Reuters, Air Base, Tel Nof Air Base, Pentagon, Hezbollah, Getty, Hamas grinds, Islamic Revolutionary Guard Corps, Israeli, New, State Department, US Navy, US Army, US, Israel . Defense Locations: Israel, Iran, Lebanon, Beirut, Here’s, Syria, Ashkelon, Reuters Iran, Tehran, Tel Aviv, Israel’s, Washington, Yemen, Tehran's Palestine, AFP, Gaza, Iranian, Iraq, East, New York City, Eshkol Region, Jordan

☆ Gold prices flat as dollar strength counters safe-haven demand
▼ + stars: | 2024-10-02 | by ( ) www.cnbc.com time to read: +2 min

Gold bar bullions ingot, selective focus, crisis safe haven for investment or reserve for country economics. Gold prices were flat on Wednesday, as a firmer dollar partially offset safe-heaven demand amid heightened Middle East tensions, while investors awaited U.S. data for further economic cues. Spot gold held its ground at $2,659.79 per ounce, as of 0325 GMT, after rising more than 1% in the previous session. "Gold benefited from safe-haven demand during a risk-off session on Tuesday. Meanwhile, physical demand for gold in key markets has dropped due to high prices, with some retail consumers selling their holdings to lock in profits, industry players and analysts said.

Persons: Benjamin Netanyahu, Bullion, Matt Simpson, payrolls, Simpson Organizations: Israel, Index, Federal Reserve, NFP, Traders Locations: Iran, Tehran

☆ Oil prices rise on escalating attacks in the Middle East
▼ + stars: | 2024-10-02 | by ( ) www.cnbc.com time to read: +2 min

Storage tanks and oil processing facilities operate at Saudi Aramco's Ras Tanura oil refinery and terminal in Ras Tanura, Saudi Arabia, on Oct. 1, 2018. Oil prices rose on Wednesday on fears conflict in the Middle East could turn into a wider war and disrupt oil supply from the key producing region after Iran fired ballistic missiles at Israel. Iran's oil output rose to a six-year high of 3.7 million barrels per day in August, ANZ added. "Iran accounts for about 4% of global oil output, but an important consideration will be whether Saudi Arabia increases production if Iranian supplies were disrupted." "Any suggestion that production hikes will proceed could offset concerns of supply disruptions in the Middle East," ANZ's note said.

Persons: Brent, Israel, Benjamin Netanyahu, Joe Biden Organizations: U.S, West Texas, Organization of, Petroleum, ANZ Research, ANZ, Israel, . Security, American Petroleum Institute Locations: Saudi, Ras Tanura, Saudi Arabia, Iran, Israel, Lebanon, Tehran, OPEC, Russia, U.S

☆ 5 things to watch for at the VP debate: From the Politics Desk
▼ + stars: | 2024-10-01 | by ( The Politics Desk | ) www.nbcnews.com time to read: +11 min

Programming note: Stay tuned for a special edition of the From the Politics Desk newsletter tonight, where we will be recapping and analyzing the Vance-Walz debate. 5 things to watch for at tonight’s VP debateSen. JD Vance of Ohio and Minnesota Gov. Walz has the longer debate record, but Minnesota is something of a backwater on the national political scene. How Vance and Walz’s poll numbers stack up to past VP nomineesBy Steve KornackiHeading into tonight’s vice presidential debate, JD Vance has an image problem. With tens of millions expected to watch tonight’s debate, Vance does have an opportunity to improve his standing — just as a shaky performance by Walz could erase the advantage he now enjoys over Vance.

Persons: JD Vance, Tim Walz's, Vance, Walz, Sen, Tim Walz, Garrett Haake, Will Vance, Donald Trump, Kamala Harris, hasn’t, Harris, who’ve, Vance —, Henry J, Gomez, Peter Nicholas, Harris ’, Emma Barnett, Gen, Raquel Coronell Uribe, Joe Biden, Trump, Biden, Steve Kornacki, James Stockdale, Ross Perot’s, Dan Quayle, George H.W, Bush, Lloyd Bentsen, Quayle, Michael Dukakis, Dan De Luce, Carol E, Lee, Courtney Kube, Monica Alba, Abigail Williams, Israel, Read, Rea, arter Organizations: NBC, White House, Capitol, CBS News, Minnesota Gov, Trump, Democratic, GOP, Quayle Republican, Bentsen Democratic, Biden White, Israel —, Washington Locations: Ohio, New York City, Minnesota, American, Israel, Iran, Tehran, United States, Syria —, U.S

☆ After Iran's attack on Israel, the Biden White House is desperately trying to avert a wider war in the Mideast
▼ + stars: | 2024-10-01 | by ( Dan De Luce | Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Carol-Lee-Circle-Byline-Template.Jpg | ) www.nbcnews.com time to read: +3 min

The Biden administration’s monthslong effort to avert a full-blown war between Israel and Iran is now being put to the most difficult test yet after Tehran on Tuesday launched a barrage of ballistic missiles at Israel. The administration has worked around the clock for the past year trying to avoid a direct clash between its ally Israel and Iran. But now, administration officials are facing a potential worst-case scenario, as the latest attack by Iran will inevitably trigger a retaliation by the Israeli military. This time, regardless of whether the Iranian attack is effective, Israel will be eager to strike back, former U.S. and Israeli officials said. Defense Secretary Lloyd Austin spoke with his Israeli counterpart earlier Tuesday to discuss Iran’s preparations for an attack on Israel, officials said.

Persons: Israel, Antony Blinken, Blinken, Biden, Joe Biden, Lloyd Austin Organizations: Biden, Tuesday, Israel —, Washington, Israeli, U.S . Navy, Aegis, Pentagon, Defense Locations: Israel, Iran, Tehran, United States, Syria —, U.S, Lebanon, Gaza, The U.S

Iran has launched ballistic missiles at Israel, causing sirens to sound all over the country, the Israel Defense Forces said Tuesday. "The United States has indications that Iran is preparing to imminently launch a ballistic missile attack against Israel," the White House official said. A direct military attack from Iran against Israel will carry severe consequences for Iran." A ballistic missile from Iran could reach Israel in as short as 10 minutes, according to the American Jewish Committee. Hours before news broke on a potential attack from Iran, Israel announced a ground invasion of southern Lebanon on Monday night.

Persons: Hassan Nasrallah, Israel, Joe Biden, Emilie Simons, Biden, Kamala Harris, Simons, Morteza, Assembly Iran’s, Masoud Pezeshkian, Pezeshkian, Nasrallah, Iran's, Ali Khamenei, Critics, Nadav, Shoshani Organizations: Israel Defense Forces, White House, Department of Defense, NBC, Israel, United Nations, White, Getty, United Nations General Assembly, Assembly, Iranian Revolutionary Guard Corps, American Jewish Committee, Iranian, State Department Locations: Iran, Israel, Lebanon, United States, U.S, Islamic Republic of Iran, East, Iranian, Tehran, Damascus, Syria, Lebanese, Rafah, Gazan, Beirut

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