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.
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Saudi Aramco profit drops 22 percent on lower prices
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? 🔎
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