Iran says Hamas leader’s killing a costly ‘strategic mistake’ by Israel

Saudi Aramco reported a 22% profit decline in Q2, totaling 85 billion riyals ($22.67 billion), marking ten consecutive quarters of profit drops due to falling crude oil and product prices. The company's market value has decreased by over $800 billion since 2022, despite strong market fundamentals and expectations for increased oil demand in the latter half of 2025. Want More Context? 🔎

Rebuilding Iran could cost $500 billion, Mideast expert say | The Jerusalem PostTehran estimates that it requires over $500 billion in foreign investment to modernize its infrastructure, including roads, grids, and ports. The ongoing conflict has diverted resources, now focusing on rebuilding efforts rather than modernization. Want More Context? 🔎

Israeli Prime Minister Benjamin Netanyahu announced plans to convene his security cabinet this week to discuss military strategies aimed at achieving war goals in Gaza, including defeating Hamas, securing the release of hostages, and neutralizing threats from Gaza. Reports suggest that Netanyahu is leaning towards expanding the offensive to seize the entire Palestinian enclave, with the cabinet meeting scheduled for Tuesday. Want More Context? 🔎

Israel's ongoing war in Gaza, now in its twenty-second month, has intensified political and social divisions, with families and friends split over calls for a ceasefire and the need to secure hostage releases. While peace activists push for a halt to the conflict, right-wing factions advocate for territorial expansion, leading to increased polarization and critiques of Prime Minister Netanyahu's motives amidst mounting international pressure. Want More Context? 🔎

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Kuwaiti Finance Minister Noora al-Fassam resigned, with Emir Sheikh Meshal Al-Ahmad accepting her resignation and appointing Electricity Minister Subaih Al-Mukhaizeem as interim replacement. Fassam, who took office in August 2024 during a Cabinet reshuffle, was part of a government formed after parliamentary elections in April 2024 under the new emir, following political turmoil. Want More Context? 🔎