Oil and metals markets reacted strongly on Friday to news from the Middle East, where Israel Defense Forces (IDF) announced they were “expanding ground operations” in Gaza. Oil prices climbed nearly 3% to a one-week high amid fears that the conflict between Israel and Palestine could spread to the broader Middle East, a crucial supplier…

Washington claims that “protecting” its illegal outposts is “consistent with international law” US President Joe Biden has offered legal justification for American airstrikes on eastern Syria this week, saying the operations were a rightful response to a string of drone and rocket attacks on US forces in the region.

Washington’s reluctance to change course could lead to a region-wide escalation, Foreign Minister Hossein Amir-Abdollahian has said The US could face dire consequences in the Middle East if it continues to support Israel, Iranian Foreign Minister Hossein Amir-Abdollahian has warned. His comments came amid the ongoing conflict between Israel and the Palestinian armed group Hamas,…