Israel Latest: Updates on Hamas Attack and Israeli Response
Israel Latest: Over 1,100 Dead; US Sends Warships to Region
WATCH: Israel Latest: Over 1,100 Dead; US Sends Carrier
Source: Bloomberg
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The combined death toll from the Hamas attack on southern Israel has climbed to more than 1,100 as fighting headed into a third day. The US said it’s moving a six-vessel aircraft carrier strike group to the eastern Mediterranean and is augmenting its fighter aircraft squadrons in the region.
Oil Soars as Hamas’ Attack on Israel Fans Middle East Tensions
- WTI futures jump around 4%; more than 1,100 dead so far
- War-risk premium returns as oil-producing region destabilized
Oil surged more than 4% after Hamas’ surprise attacks on Israel over the weekend, the broadest and bloodiest in decades, threatened to inflame tensions in the Middle East, home to almost a third of global supply.
West Texas Intermediate rose above $86 a barrel as a war-risk premium returned to markets. The combined death toll topped 1,100 as fighting headed into a third day, while the US said it was sending warships to the region.
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