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Israel Hezbollah

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US seeks $200 billion more to fund Iran war as energy markets surge
world23 days ago

US seeks $200 billion more to fund Iran war as energy markets surge

AP live updates say the Pentagon is requesting $200 billion in additional funds for the Iran war, on top of last year’s spending, as fighting widens with Israel and Hezbollah in Lebanon and Iranian attacks target Gulf energy facilities, triggering a surge in global oil and gas prices; casualties span Lebanon and Iran in the thousands, including U.S. service members, as European, Japanese and Arab leaders urge restraint amid broader energy-market volatility.

Beirut under fire as Israel orders mass evacuations across Lebanon
world1 month ago

Beirut under fire as Israel orders mass evacuations across Lebanon

Israel widened strikes on southern Lebanon and issued sweeping evacuation orders that displaced nearly 96,000 people, sending residents from Beirut’s southern suburbs into shelters or onto the streets as fear and confusion spread. Hits targeted Hezbollah sites in Dahieh, raising fears of humanitarian collapse with shelters at capacity and aid running low, while Lebanon’s prime minister warned of a looming disaster and international leaders urged restraint.

Iran News Brief - January 2, 2026
world3 months ago

Iran News Brief - January 2, 2026

Iran's protests have escalated with increased violence and spread across more provinces, leading to deaths and confrontations with security forces, while regional tensions rise with Israel conducting extensive strikes in Lebanon, Iran offering weapons for cryptocurrency, and Yemen's southern separatists moving towards declaring independence, all amidst ongoing conflicts and security challenges in the Middle East.

Gold Prices Tumble Amid Risk-On Sentiment and Ceasefire Talks
finance1 year ago

Gold Prices Tumble Amid Risk-On Sentiment and Ceasefire Talks

Gold prices dropped 3% as President-elect Donald Trump appointed Scott Bessent as Treasury Secretary and reports of a potential Israel-Hezbollah ceasefire emerged, reducing the metal's safe-haven appeal. The risk-on sentiment led to a selloff, with gold futures trading at $2,628.5 per ounce. The market also reacted to a stronger dollar and changing expectations for U.S. interest rates, with the probability of a December rate cut decreasing. Analysts suggest gold prices may stabilize around $2,500 in the short term, with potential volatility as the Trump administration transitions.