Oil prices surged to over $77 per barrel on Thursday due to speculation of potential Israeli retaliatory strikes against Iran’s oil industry following a missile attack on Israel. US President Biden discussed the possibility of supporting Israel but emphasized the need for restraint to avoid uncontrollable escalation in the Middle East. Concerns are growing about Israel’s actions and the US’s influence, as fears of an expanding conflict persist, with Iran vowing to respond to Israeli strikes.
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Ukraine seeks to persuade US to resume aid in high-stakes talks
Ukraine seeks to persuade the US to resume intelligence and military support in high-stakes talks this week by proposing a partial ceasefire with Russia and emphasizing Zelenskyy's desire for a swift end to the war. US secretary of state Marco Rubio will lead the negotiations in Saudi Arabia, with Trump hinting at a potential reversal of the aid freeze. Kyiv aims to prioritize repairing ties with the US and securing a broader agreement with Russia,...
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