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Tag: middle east

Stocks mixed as markets digest Middle East tension
National, The Street

Stocks mixed as markets digest Middle East tension

By Rob Lenihan | The Street The S&P 500 returns to flat after ticking higher in early action. The tech-heavy Nasdaq is down 0.8%. Investors seem to be digesting a tension-filled weekend in the Middle East. Hezbollah launched over 300 missiles at Israel, despite Israel launching hundreds of airplanes to strike an airfield in a bid to prevent the attack. Unsurprisingly, oil has made the biggest move higher. Crude oil prices are up 3.4% to $77.35 per barrel, and the United States Oil Fund  (USO) , which tracks West Texas Intermediate crude oil prices, is up 3.3%.  Big oil stocks also responded by trading higher. ExxonMobil  (XOM)  gained 2% while Warren Buffett favorite, Occidental Petroleum  (OXY)...
Israel intensifies strikes on Lebanon, according to state media and witnesses
Breitbart, National

Israel intensifies strikes on Lebanon, according to state media and witnesses

By AP | Breitbart After a short-lived calm following a heavy exchange of strikes between Israel and the Lebanese militant group Hezbollah, fighting resumed Monday. State media and witnesses reported that Israeli strikes targeted the Lebanese border village of Tair Harfa and in the area of the coastal city of Sidon on Monday afternoon. A car was hit in the latter strike. It was not immediately clear whether there were casualties On Sunday, Israel launched dozens of strikes on southern Lebanon that it described as a preemptive operation, saying it had averted a major attack planned by Hezbollah in retaliation for the killing of one of its top commanders, Fouad Shukur, in an Israeli strike in Beirut last month. Shortly afterward, Hezbollah launched a barrage of hundreds of drones ...
Three years after withdrawal, Taliban rules Afghanistan
The Center Square, National

Three years after withdrawal, Taliban rules Afghanistan

By CASEY HARPER | Center Square This week will mark the three-year anniversary of President Joe Biden’s chaotic and deadly withdrawal of U.S. troops from Afghanistan. Biden committed on the campaign trail to withdraw U.S. troops, a move supported by his predecessor Donald Trump, but the process left 13 U.S. service members killed and the country within the hands of the Taliban. The Taliban also received billions of dollars in U.S. military equipment because it was left behind. READ MORE AT CENTER SQUARE