In a significant escalation, Israel has declared a "complete siege" on the Gaza Strip, following a series of deadly attacks by Hamas across the nation over the weekend.
In the midst of the escalating conflict now in its fourth day, the Israeli military has issued a stark warning, stating on Tuesday that their retaliatory airstrikes against Gaza will be “bigger than before and more severe.”
The U.S. State Department disclosed on Monday that nine Americans have tragically lost their lives following the weekend's violent assault by Hamas on Israel.
Brent crude soared to $87.92 a barrel, marking an increase of almost 4%, whereas U.S. West Texas Intermediate crude experienced a rise of 4.16%, reaching $86.23 a barrel.
Palestinian terrorists took dozens of Israeli civilian hostages over the weekend, holding some in Israel and dragging others, including women and children, to Gaza.
