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Israel

Oil uncertainty

The global oil market, that has been on a rollercoaster ride since the October 7 Hamas attack on Israel, experienced a second consecutive week of decline in prices.

Cost of Conflict

There remained an uneasy peace between Israel and Palestine despite the peace accord facilitated by the US in the past but the acrimony never disappeared. Then on 7 October, without warning, Gaza’s militant Hamas rulers attacked Israel by air, land and sea, forcing millions of Israelis to run helter-shelter for safety.