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☆ 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

Washington had pressed its ally in the hopes of ending the cycle of attacks and avoiding escalation into a wider war. Blinken said the U.S. is tracking the aid deliveries very carefully and “absolutely essential” that Israel comply. "Israel has achieved most of its strategic objectives when it comes to Gaza,” Blinken said in Tel Aviv. (It also signed off on $9.5 billion in humanitarian aid for Gaza, as well as the conflict zones of Ukraine and Sudan.) But far-fetched as it might seem, it came up during Blinken’s meeting with the Saudi crown prince during this trip.

Persons: Antony Blinken, Benjamin Netanyahu, it’d, Yahya Sinwar, Isaac Herzog, Nathan Howard, Amos Hochstein, Donald Trump, Netanyahu —, Netanyahu, Blinken, Israel, ” Blinken, “ It’s, Ibrahim Fakhroo, Sinwar, William Burns, Khalil al, “, Saudi Crown Prince Mohammed bin Salman, Joe Biden, Ayman Safadi, we’ve, ” It’s Organizations: State Department, Getty, Israel, Hamas, Trump, Qatar's Ministry of Foreign, CIA, Qatari, Senior, Palestinian Authority, Saudi Crown, U.S, U.S . Locations: United States, Israel, Iran, Washington, Gaza, Egypt, Lebanon, Blinken, Tel Aviv, AFP, U.S, Beirut, Saudi Arabia, Doha, Qatar, Riyadh, Ukraine, Sudan, Saudi, Palestinian, Jordanian, London

A Palestinian inspects the damage after an overnight Israeli airstrike in Beit Lahia, northern Gaza, on October 27. Here’s what to know from the weekend:In Gaza:• An Israeli strike killed several people at a school west of Gaza City on Sunday, according to Gaza’s Civil Defense. Israel’s military claimed it targeted Hamas operatives in the strike. At least 30 medical staff were detained by Israeli forces at the Kamal Adwan Hospital in northern Gaza, according to the enclave’s Ministry of Health. In Israel:• Israeli Prime Minister Benjamin Netanyahu said Sunday that Israel’s strikes on Iran had severely damaged Tehran’s defense capabilities, without providing further details on what was targeted.

Persons: Stringer, Kamal Adwan, Khalil Al, ”, António Guterres, Benjamin Netanyahu, Israel, Yoav Gallant, • Organizations: Civil Defense, Kamal, enclave’s Ministry of Health, CNN, Al, Aqsa Martyrs Hospital, World Health Organization, United Nations ’, •, Gaza Locations: Beit Lahia, Gaza, AFP, Iran, Israeli, Gaza City, Beit Lahiya, Aqsa, Israel, Egypt

A boy carries a humanitarian aid package provided by the United Nations Relief and Works Agency for Palestine Refugees (UNRWA) in central Gaza City on August 27. Omar Al-Qattaa/AFP/Getty ImagesIsrael’s parliament is considering two bills this week that could significantly restrict the operations of UNRWA, the UN’s relief agency for Palestinians, in territories occupied by Israel. The OIOS added that they were not able to independently authenticate information used by Israel to support the allegations. “UNRWA provides essential and life-saving humanitarian aid and basic services to Palestinian refugees in Gaza, East Jerusalem, the West Bank and throughout the region. Here’s a look at how many Palestinian refugees are registered for UNRWA services – and where.

Persons: Omar Al, “ Organizations: United Nations Relief, Works Agency for Palestine Refugees, Getty, UNRWA, UN, West Bank, Hamas, Oversight Locations: Gaza City, AFP, Israel, Gaza, East Jerusalem, Canada, Australia, France, Germany, Japan, South Korea

☆ Foreign investors flock to flagship Saudi economic conference — but face less free-flowing cash
▼ + stars: | 2024-10-28 | by ( Natasha Turak | ) www.cnbc.com time to read: +6 min

A delegate arrives at the King Abdulaziz Conference Centre in Saudi Arabia's capital Riyadh to attend the Future Investment Initiative (FII) forum. The kingdom's $925 billion sovereign wealth fund, the Public Investment Fund, saw its assets jump 29% to 2.87 trillion Saudi riyals ($765.2 billion) in 2023 — and local investment was a major driver. "Value meaning hiring, developing the asset management ecosystem, creating new products, bringing in talent, and investing in Saudi capital markets also. Oil prices and the Saudi economy appear to so far have stayed largely unscathed, dropping 4% early Monday after Israel's weekend strike on Iran. A key reason for that may be the rapprochement deal the kingdom signed with Iran, brokered by China, in March 2023.watch now

Persons: Nureldine, it's, Omar Yacoub, Yacoub, Fadi Arbid, Brent, Arbid, Yemen's, Israel Organizations: King Abdulaziz Conference Centre, Future Investment Initiative, Afp, Getty, Investment Initiative, CNBC, U.S, ABS Global, Public Investment Fund, Saudi, Saudi Arabia's, Amwal Capital Partners, OPEC, Eastern, Ritz, Carlton, Israel Locations: Saudi Arabia's, Riyadh, Saudi, Saudi Arabia, —, Dubai, Carlton Riyadh, Gaza, Israel, Lebanon, Iran, Tel Aviv, China

☆ European markets head for mixed open as investors review geopolitical tensions
▼ + stars: | 2024-10-28 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +1 min

European markets are expected to start the week on a lackluster note Monday as investors review the geopolitical situation in the Middle East. The U.K.'s FTSE 100 index is expected to open 8 points lower at 8,243, Germany's DAX up 30 points at 19,747, France's CAC up 12 points at 7,508 and Italy's FTSE MIB up 108 points at 34,648, according to data from IG. Market participants will be digesting a cooling geopolitical situation in the Middle East Monday after weekend airstrikes by Israel against Iran did not target oil or nuclear facilities as feared. Oil prices slid more than 4% Monday, although Citi analysts discounted the chance of an escalation that disrupts oil supplies. U.S. equity futures jumped as investors looked ahead to a batch of mega-cap technology earnings to keep driving the Nasdaq Composite to new heights this week.

Persons: Germany's DAX Organizations: France's CAC, IG, Citi, Nikkei, Nasdaq Locations: Israel, Iran, Asia, Pacific

☆ Oil slips more than 4% after Iran downplays Israeli strikes
▼ + stars: | 2024-10-28 | by ( ) www.cnbc.com time to read: +2 min

A pump jack operates in an oil field in Midland, Texas U.S. August 22, 2018. Oil prices tumbled more than $3 a barrel on Monday after Israel's retaliatory strike on Iran over the weekend bypassed Tehran's oil and nuclear facilities and did not disrupt energy supplies, easing geopolitical tensions in the Middle East. Both Brent and U.S. West Texas Intermediate crude futures hit their lowest levels since Oct. 1 at the open. The geopolitical risk premium that had built in oil prices in anticipation of Israel's retaliatory attack came off, analysts said. In October, the Organization of the Petroleum Exporting Countries and their allies, a group known as OPEC+, kept their oil output policy unchanged including a plan to start raising output from December.

Persons: Brent, WTI, Saul Kavonic, Tim Evans Organizations: Midland , Texas U.S, U.S . West Texas, Evans Energy, Organization of, Petroleum Locations: Midland , Texas, Iran, U.S, Tehran, OPEC

☆ Gold slips as dollar firms; market eyes crucial U.S. data
▼ + stars: | 2024-10-28 | by ( ) www.cnbc.com time to read: +2 min

A one kilogram gold bar sits on top of silver bars. Gold prices fell on Monday as the U.S. dollar held firm, while investors awaited U.S. economic data for fresh insights on the Federal Reserve's monetary policy path. Spot gold fell 0.5% to $2,733.01 per ounce, as of 0232 GMT. A stronger dollar makes gold less appealing for other currency holders. Gold hit a record high of $2,758.37 on Wednesday, driven by safe-haven demand due to geopolitical uncertainties.

Persons: Tim Waterer, CME's, Benjamin Netanyahu, Ali Khamenei, Donald Trump, Kamala Harris Organizations: U.S ., Federal, U.S, KCM, Fed, Iranian Locations: U.S

☆ Stocks making the biggest moves premarket: Exxon, Spotify, Boeing, McDonald's, TSMC and more
▼ + stars: | 2024-10-28 | by ( Pia Singh | In | ) www.cnbc.com time to read: +3 min

Spotify — The music platform rose more than 2% after Wells Fargo named Spotify a top stock pick . Analyst Steven Cahall is particularly bullish on the company's rising margins, strong product mix and evolving record label relationships. Boeing — Shares of the planemaker slipped roughly 2% after Boeing launched a stock offering that could raise roughly $19 billion. McDonald's shares dropped more than 7.5% last week, marking its worst weekly performance since 2020. ON Semiconductor — Shares gained more than 3% after the semiconductor product maker posted adjusted earnings per share of 99 cents and revenue of $1.76 billion for the third quarter.

Persons: Wells, Steven Cahall, Kamala Harris, Donald Trump, FactSet, Canaccord Genuity, Nio, CrowdStrike, Sarah Min, Alex Harring, Lisa Kailai Han, Sean Conlon, Michelle Fox Organizations: Spotify, Boeing —, Boeing, Occidental Petroleum, Exxon, BP —, Citi, Exxon Mobil, BP, Taiwan Semiconductor Manufacturing, Huawei, Reuters, The, Delta Air Lines Locations: U.S, China, The U.S, Macquarie

☆ We're about to see the tide turn on Iranian influence throughout the region, says Firas Maksad
▼ + stars: | 2024-10-28 | 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 EmailWe're about to see the tide turn on Iranian influence throughout the region, says Firas MaksadFiras Maksad, The Middle East Institute senior fellow, joins 'Squawk Box' to discuss Israel's retaliatory airstrikes on Iran over the weekend, whether Iran could strike in response, state of MIddle East conflict, and more.

Persons: Firas Organizations: Middle East Institute Locations: Iran

☆ Jamshid Sharmahd: German-Iranian national and longtime US resident executed in Iran
▼ + stars: | 2024-10-28 | by ( Benjamin Brown | Hamdi Alkhshali | ) edition.cnn.com time to read: +2 min

CNN —A German-Iranian national and longtime US resident has been executed in Iran after being convicted of terrorism offences, according to Iranian state media citing the country’s judiciary-affiliated Mizan news agency. Jamshid Sharmahd, 69, was executed Monday morning for “planning and orchestrating a series of terrorist acts,” state-run IRNA and Press TV reported. His execution sparked condemnation from the United States and Germany. Sharmahd’s daughter Gazelle has repeatedly said her father is innocent and that he faced a sham trial due to his political activism and criticism of the Islamic Republic. Abram Paley, the US Deputy Special Envoy, last year met with Sharmahd’s family to discuss his imprisonment and death sentence.

Persons: Jamshid Sharmahd, Sharmahd’s, Gazelle, “, ” Israel, Sharmahd, ” Vedant Patel, Annalena Baerbock, ”, ” Baerbock, ” Sharmahd’s, Abram Paley Organizations: CNN, Press, State, Amnesty, United, United States ’ Office, US Locations: Iranian, Iran, United States, Germany, Islamic Republic, Shiraz, Western, Tehran

☆ Oil prices slide more than 4% after Israel's 'limited' attack on Iran seen as not disrupting supplies
▼ + stars: | 2024-10-28 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +1 min

View of Iran's oil industry installations in Mahshahr, Khuzestan province, southern Iran. Kaveh Kazemi | Getty ImagesOil prices will remain under pressure for the rest of this year, it may be difficult to see Brent crude oil prices reaching $80 in the foreseeable future. "With Israel deliberately, and perhaps with some American encouragement, avoiding the targeting of crude oil facilities, the oil market is back to looking at an oversupplied market," said Andy Lipow, president at Lipow Oil Associates. "Oil prices will remain under pressure for the rest of this year, it may be difficult to see Brent crude oil prices reaching $80 in the foreseeable future," Lipow told CNBC via email. Stock Chart Icon Stock chart icon Oil prices year-to-date

Persons: Kaveh Kazemi, Brent, Andy Lipow, Israel, Lipow, Saul Kavonic Organizations: Getty, Lipow, Citi, Lipow Oil Associates, CNBC Locations: Mahshahr, Khuzestan, Iran, Israel, Canada, Brazil, Argentina, Senegal

☆ No other sector has more on the line in this election than energy. How to play it
▼ + stars: | 2024-10-28 | by ( Spencer Kimball | ) www.cnbc.com time to read: +7 min

The Invesco Solar ETF (TAN) and the iShares Global Clean Energy ETF (ICLN) have tumbled more than 9% and 10%, respectively. While Trump's platform says he wants to unleash production from all sources, the document specifically calls out oil, gas and nuclear. How voters perceive the two candidates' energy policies could end up playing an influential role in the outcome of the election altogether. While the election will bring short-term volatility, the solar industry remains well positioned for long-term growth, according to Bank of America. About 25% of oil and 10% of natural gas production is on federal land and waters, according to the bank.

Persons: Donald Trump, Kamala Harris, Harris, fracking, Barack Obama, Trump, Steve Fleishman, Roger Read, Read, Biden, Morgan Stanley Organizations: Trump, Republican, Green New, Clean Energy, Bank of America, Keystone State, GOP, Republicans, Democratic, Wolfe Research, Wells, Wells Fargo Securities . Oil, Biden, CNBC, Exxon, Chevron Locations: Wisconsin , Michigan, Pennsylvania, China, Trump, Wells Fargo, U.S, New Mexico, Gulf of Mexico, Alaska, Iran, Tehran

☆ Israel's hit on Iran, though limited, widened a vulnerability
▼ + stars: | 2024-10-28 | by ( Joshua Nelken-Zitser | ) www.businessinsider.com time to read: +4 min

Observers feared that Israel would hit Iranian energy infrastructure. Instead, it hit those sites' defenses — making it easier to launch more strikes later. AdvertisementIsrael's recent attack on Iran's air defense network was limited in its scope, but all the same left a significant opening. Related storiesIn the aftermath of the attack, Iranian authorities sought to downplay the strikes, which killed four Iranian soldiers. AdvertisementVatanka said the attack was a demonstration of Israel's capabilities, and also avoided pushing Iran into a position where it would have to "hit back harder."

Persons: —, Israel, Benjamin Netanyahu, Ayatollah Ali Khamenei, Masoud Pezeshkian, Khamenei, Ali Akbar Velayati, Alex Vatanka, Vatanka Organizations: Observers, Service, New York Times, Institute for, Israel Defense Forces, IDF, Guardian, International Atomic Energy Agency, Financial Times, University of South, Middle East Institute Locations: Israel, Iran, Bandar, Abadan, Russian, Tehran, University of South Wales

☆ Stock futures are little changed as Wall Street awaits labor data and more earnings: Live updates
▼ + stars: | 2024-10-28 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Traders work on the floor of the New York Stock Exchange during morning trading in New York City. Stock futures are muted Monday night as investors readied for employment data and closely followed corporate earnings releases. S&P 500 futures and Nasdaq 100 futures were also both little changed. Those moves come after a winning session on Wall Street for the three major indexes. Traders will keep an eye on earnings reports from major companies due on Tuesday as the busiest week of this earnings season continues.

Persons: Dow, Adam Crisafulli, McDonald's Organizations: New York Stock Exchange, Stock, Dow Jones Industrial, Nasdaq, Ford Motor, Corp, Traders, Pfizer Locations: New York City, Israel, Iran

☆ Oil market participants need to know if Iran-Israel conflict is over, says RBC's Helima Croft
▼ + stars: | 2024-10-28 | 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 EmailOil market participants need to know if Iran-Israel conflict is over, says RBC's Helima CroftHelima Croft, RBC Capital Markets head of global commodity strategy, joins 'Money Movers' to discuss if Israel exercised restraint in not targeting Iran's oil facilities, the demand side of the oil market, and much more.

Persons: RBC's Helima Croft Helima Croft, Israel Organizations: Email, RBC Capital Markets Locations: Iran, Israel

☆ Amrita Sen: Oil prices may have gone a bit too far in the correction move
▼ + stars: | 2024-10-28 | 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 EmailAmrita Sen: Oil prices may have gone a bit too far in the correction moveAmrita Sen of Energy Aspects discusses longer-term trends in oil prices following Israel's retaliatory strike on Iran this weekend.

Persons: Amrita Sen Organizations: Amrita Sen, Energy Locations: Iran

☆ Stocks making the biggest moves midday: Taiwan Semiconductor, On Semi, Delta Air Lines and more
▼ + stars: | 2024-10-28 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +4 min

Robinhood — The fintech stock rose less than 3% after it said Monday that users will have the chance to trade a Kamala Harris or Donald Trump contract ahead of next week's presidential election. ON Semiconductor — The semiconductor product maker rose 5% after third-quarter earnings and revenue topped analyst estimates. Nutanix — The cloud infrastructure stock rose 4% following an upgrade to overweight from equal weight at Morgan Stanley. Moderna — Shares jumped after Moderna and Merck said they initiated a phase 3 trial investigating a treatment for non-small cell lung cancer. Moderna shares advanced 3.9%, while Merck was slightly higher.

Persons: Wells, Steven Cahall, Kamala Harris, Donald Trump, Israel, FactSet, Eugene Hsiao, Wolfe, Roy Jakobs, Nutanix, Morgan Stanley, Meta Marshall, Merck, Timothy Wojs, Aaon, — CNBC's Sean Conlon, Michelle Fox, Alex Harring, Sarah Min, Pia Singh Organizations: Spotify, U.S . Occidental Petroleum, Exxon, BP —, Citi, McDonald's, Taiwan Semiconductor Manufacturing, Huawei, Reuters, The U.S, Delta Air Lines, CrowdStrike, Honeywell —, Philips —, —, Moderna, Merck, Baird Locations: China, Atlanta

☆ Why North Korea would want to go to war for Russia
▼ + stars: | 2024-10-28 | by ( Chris Panella | ) www.businessinsider.com time to read: +8 min

North Korea sent thousands of troops to support Russia in its war against Ukraine. AdvertisementWhy is North Korea helping Russia? STR/KCNA VIA KNS/AFP via Getty ImagesIt's unclear what exactly is driving North Korea to become increasingly involved in the war and send troops to Russia. North Korea also has an aging fighter jet fleet it wants to upgrade and a desire for advanced satellite technologies. Beijing has often aligned with Russia and North Korea, and Western officials have accused China of also giving military aid to Russia in return for certain technologies and information.

Persons: Kim, Putin, —, Mark Rutte, Vladimir Putin, Kim Jong, KRISTINA KORMILITSYNA, Ivan Samoilov, Rutte, Kirby, Kurt Campbell, Defense Lloyd Austin, Biden, Seoul's Organizations: Ukraine, Service, US, Korean, Russian, NATO, Department of Defense, Pentagon, Ukrainian, North, Duma, Research, Gwara, Getty, VIA KNS, National Security, Technologies, Roman, Defense, Publicly, Ministry of Foreign, South Locations: Korea, Russia, Ukraine, South Korea, Kursk, Ukrainian, North Korea, Russian, Pyongyang, Korean, Moscow, Iran, North Korean, AFP, Kyiv, China, Beijing

Israel’s Knesset opened its winter session on Monday against a backdrop of war in Gaza and Lebanon and after an Israeli strike on Iran on Saturday. UNRWAThe Knesset was set to debate on Monday bills that would make it illegal for Israeli officials to cooperate with UNRWA, the main U.N. agency that aids Palestinians. The bills would effectively shut down the agency’s work in Gaza, the West Bank and East Jerusalem within 90 days. According to the Jerusalem Post, the first bill states that UNRWA could no longer operate in Israel, while the second would abrogate the treaty that underpins the relationship between UNRWA and Israel. The Knesset has already voted in favor of advancing the bill and it is being prepared for a second and third reading.

Persons: Benjamin Netanyahu’s, Netanyahu’s, Netanyahu, Yoav Gallant, Gallant, Yuli Edelstein, Kan, Mr, Edelstein, Israel’s, Matthew Miller, UNWRA, Adalah Organizations: Likud, Division, Lawmakers, UNRWA, West Bank, United Nations, Department, Police Locations: Gaza, Lebanon, Iran, Israel, East Jerusalem, Jerusalem, Canada, France, Germany, Australia, United Kingdom, United States

☆ Stock futures rise with Nasdaq set to add to records as oil prices decline
▼ + stars: | 2024-10-27 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +1 min

U.S. equity futures jumped as investors looked for a batch of megacap technology earnings to keep driving the Nasdaq Composite to new heights this week. Weekend airstrikes by Israel against Iran did not target oil or nuclear facilities as was feared and oil futures were lower in early trading. S&P 500 futures gained 0.4% and Nasdaq 100 futures increased by 0.5%. Both the Dow and S&P snapped a six-week winning streak, but the Nasdaq eked out its seventh positive week in a row. "One thing we expect to see play out is these megacap tech names continuing to reinforce commitment to AI in tech spending broadly," Yung-Yu Ma chief investment officer at BMO Wealth Management, told CNBC.

Persons: Yung, Yu Ma Organizations: Nasdaq, Dow Jones, Dow, Presidential, Microsoft, Meta, Apple, BMO Wealth Management, CNBC Locations: Israel, Iran

☆ Iran is weighing how to respond to Israel's attack. Here's what may happen next.
▼ + stars: | 2024-10-27 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +6 min

Israel launched "precise strikes" on Iran on Saturday, killing four soldiers. The Israel Defense Forces said it carried out "targeted and precise strikes" on Iranian military sites on Saturday. Four soldiers were killed following the attack, Iran's military said, according to the IRNA state news agency. Voller said that should Iran choose to respond, it could turn to its proxies to defend its nuclear program. He added that Israel's targeting of Iran's military sites, including its air defense system, would allow it to launch further air attacks if Iran were to escalate the conflict.

Persons: Israel, —, Joe Biden, Ayatollah Ali Khamenei, Jonathan Panikoff, Yoel, Voller, Panikoff, Ellie Geranmayeh, Israel shouldn't, Netanyahu, Geranmayeh, Benjamin Netanyahu Organizations: Service, Israel Defense Forces, University of Kent, Security Initiative, The New York Times, Institute for National Security Studies, Iranian, REUTERS, European Council, Foreign Relations, Times Locations: Iran, Iranian, Here's, Israel, East, Tehran, Tel Aviv, North Africa

☆ Iran says it has a ‘right to self-defense’ after Israel attack, as U.S. urges end to missile exchanges
▼ + stars: | 2024-10-26 | by ( Freddie Clayton | Freddie Clayton Is A Freelance Journalist Based In London. | ) www.nbcnews.com time to read: +6 min

Iran responded to that attack with a drone and missile barrage on Israel that was at the time unprecedented. Israel retaliated with a limited strike on Iran which caused little damage. U.S. defense officials told NBC News that Israel had told their American counterparts about Saturday's strikes ahead of time, but that the U.S. was not involved in the attack. "The fact that Iran is downplaying the attack and what's been hit is good news," he told NBC News on the phone. "Whether Israel and Iran will think like this is a different matter," he added.

Persons: Biden, “ it’s, Masoud Pezeshkian, Abbas Araghchi, Pezeshkian, Israel, ” Jordan, “, Ismail Haniyeh, Hassan Nasrallah, Michael Milshtein, Yossi Mekelberg, what's Organizations: Israel Defense Forces, U.S, NBC News, IDF, Islamic Revolutionary Guard Corps, American, Palestinian Studies, Tel Aviv University Dayan Center, Chatham House’s, North Africa Program Locations: Iran, Israel, America, Tehran, Khuzestan, Ilam, East, Qatar, Saudi Arabia, ”, Iraq, Beirut, Gaza, Lebanon, Damascus, Yemen, Syria, U.S

The Israeli military said the strikes, which have now concluded, were in retaliation for Iran’s ballistic missile barrages on Israel earlier this month and in April. The Israeli military said it struck manufacturing sites used to produce missiles that Iran has fired at Israel over the past year. “The Israel Defense Forces completed precise and targeted strikes against military targets in a number of areas in Iran. Our planes have safely returned home,” an Israeli military statement said. “This should be the end of this direct exchange of fire between Israel and Iran,” a senior US administration official said after the strikes.

Persons: ”, ” IRNA Organizations: Israel Defense Forces, Islamic Republic News Agency Locations: Iran, Israel, United States, Yemen, Gaza, Tehran, Ilam, Khuzestan

A general view of Tehran after several explosions were heard, in Tehran, Iran, on October 26, 2024. The Israeli military said the strikes, which have now concluded, were in retaliation for Iran’s ballistic missile barrages on Israel earlier this month and in April. The Israeli military said it struck manufacturing sites used to produce missiles that Iran has fired at Israel over the past year. “The Israel Defense Forces completed precise and targeted strikes against military targets in a number of areas in Iran. “This should be the end of this direct exchange of fire between Israel and Iran,” a senior US administration official said after the strikes.

Persons: Majid Asgaripour, ”, ” IRNA Organizations: Wana News Agency, Reuters, Israel Defense Forces, Islamic Republic News Agency Locations: Tehran, Iran, Israel, United States, Yemen, Gaza, Ilam, Khuzestan

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