Israeli army says they will soon attack infrastructure belonging to the Al-Qard Al-Hassan Association, affiliated with Hezbollah, throughout Lebanon, according to Al Jazeera
Newsquawk Staff ·
Israeli army says they will soon attack infrastructure belonging to the Al-Qard Al-Hassan Association, affiliated with Hezbollah, throughout Lebanon, according to Al Jazeera.
What it means
The announcement from the Israeli army regarding imminent attacks on Hezbollah-affiliated infrastructure in Lebanon highlights a significant escalation in regional tensions. This could lead to increased volatility in energy markets, especially oil and gas prices, given the geopolitical risks associated with Lebanese instability and potential spillover effects into neighboring countries. Expect potential safe-haven flows into gold and currencies like the USD as traders react to this heightened uncertainty.
Sources
- Iranian President Pezeshkian and Russian President Putin discussed energy cooperation and trade
- Russian refineries’ crude processing up 25% since drone attacks stopped in mid-October, according to reports, citing sources
- Iranian President Pezeshkian, at a meeting with Russian President Putin, says there is no point in hoping for the US to resolve problems in the Middle East
- Israeli PM Netanyahu requests extension of voting in the legislative elections until after 10pm
- Russian Deputy PM Novak says domestic refineries are bringing units back online very quickly following maintenance. Russia and the US could begin cooperating on Arctic LNG projects
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