Oil prices fell on Monday despite the escalating conflict between Israel and Hezbollah, as investors focused on weak global demand. Israel launched its most extensive air campaign against Hezbollah targets in Lebanon, carrying out 650 air strikes in 24 hours. The conflict has spurred international concern and prompted the Pentagon to send additional troops to the region.
Today’s news is packed with developments across various sectors. The Indian stock market experienced a record-breaking surge, while the country reported its first case of the Mpox Clade 1b strain. Meanwhile, tensions escalate in the Israel-Hezbollah conflict, and Coldplay’s upcoming India tour is driving up hotel prices.
Tensions between Israel and Hezbollah have escalated significantly, leading to a barrage of Katyusha missiles fired by Hezbollah into Israel and a declaration of planned strikes by Israel in Lebanon. The video provides a detailed analysis of these recent events, including the impact of the missile attack on the Al-Rahib military base and the potential consequences for Israeli settlements in Galilee, which house vital water sources. The IDF has claimed strikes on 40 Hezbollah targets, including storage facilities and weaponry in Aita al-Shaab.
In a tense escalation of the ongoing conflict, Hezbollah launched drone attacks into Israel on Tuesday, prompting panicked beachgoers to seek shelter. The militant group’s actions came as part of their ongoing retaliation against Israeli airstrikes in Lebanon. Despite Israel’s claims that no facilities were hit, Hezbollah continued its barrage later that day with rocket attacks on Margaliot, a northern Israeli community. The exchange of fire between Israel and Hezbollah has intensified since the start of the Israel-Hamas War, with both sides engaging in almost daily skirmishes. Israel’s attacks in Lebanon have resulted in significant casualties among Hezbollah fighters and civilians, while Hezbollah’s drone and rocket attacks have caused widespread fear and disruption in Israel.
