Iran to close Strait of Hormuz as Trump threatens toll Economics Iran’s top military command has said it will shut the Strait of Hormuz in response to alleged violations of the ceasefire agreement despite President Trump’s threats to impose a toll if the stretch of water is closed off. The Iranian leadership said the crucial shipping passage will be closed to vessel traffic as the “first [...]
Israel says it has begun ‘limited, localised’ southern Lebanon operation against Hezbollah Politics Israeli ground forces crossed into southern Lebanon early Tuesday, marking a significant escalation of an offensive against Hezbollah militants and opening a new front in a yearlong war against its Iranian-backed adversaries. The incursion follows weeks of heavy blows by Israel against Hezbollah — including an airstrike that killed its longtime leader, Hassan Nasrallah — [...]
Lammy urges ‘restraint’ after Israel-Hezbollah conflict escalates Politics Foreign secretary David Lammy has urged Israel to show “restraint” after an exchange of fire with Lebanese militants Hezbollah on Sunday morning. The Israeli military carried out a series of air strikes in southern Lebanon early on Sunday, saying it had intelligence Hezbollah was planning to carry out an attack of its own. The Iran-backed [...]
UK minister urges de-escalation after Israel and Hezbollah exchange fire August 25, 2024 A major war in the Middle East is “a real danger”, a cabinet minister has warned following an escalation of hostilities between Israel and Hezbollah overnight. Early on Sunday, the Israeli military launched what it described as “pre-emptive” strikes against the militant group in southern Lebanon, saying it had detected plans to attack Israel. Hezbollah, [...]
Israel aims strikes at Lebanon as Hezbollah launches attack August 25, 2024 Israel launched a wave of air strikes across southern Lebanon early on Sunday in what it said was a pre-emptive strike on Hezbollah. It came as the militant group said it had launched hundreds of rockets and drones to avenge the killing of one of its top commanders last month. The heavy exchange of fire [...]
FTSE 100: BP, Shell and oil prices surge on assassination of Hamas leader in Iran July 31, 2024 The FTSE 100 jumped over a hundred points on Wednesday morning, after the assassinations of two Hamas and Hezbollah leaders caused the index’s energy and commodities constituents to surge. Shares in BP and Shell both rose by between two and three per cent in early morning trading, helping the index as a whole to jump [...]