Lebanon








Oil & Gas

Oil & Gas

Stop Israel from bombing Iran's oil sites, Gulf states desire US

Gulf states are lobbying Washington to stop Israel from attacking Iran's oil sites since they are concerned their own oil facilities could come under fire from Tehran's proxies if the conflict intensifies, 3 Gulf sources informed Reuters. As part of their efforts to prevent being caught in the crossfire, Gulf states including Saudi Arabia, the United Arab Emirates and Qatar are likewise declining to let Israel fly over their airspace for any attack on Iran and have actually conveyed this to Washington, the 3 sources close to government circles stated. Israel has guaranteed Iran will pay for its missile attack...

Oil & Gas

Iran leader Khamenei, rifle at his side, vows resistance versus Israel

With a rifle by his side, Supreme Leader Ayatollah Ali Khamenei appeared in public on Friday for the very first time since Iran's most current rocket attack on Israel, describing the strike as genuine punishment for what he called Israeli crimes. Providing his very first Friday prayers preaching in almost 5 years, Khamenei said resistance versus Israel in the region would not pull back even with the killing of its leaders. Every so often his hand grasped the barrel of a rifle that stood to his left. Khamenei periodically speaks in public with a rifle at his side, a practice...

Oil & Gas

Iran's president knocks Israeli attacks on Tehran's local allies

Israel ought to not be allowed to attack countries in the Iranaligned Axis of Resistance one after the other, Iranian President Masoud Pezeshkian said on Sunday. Israel stated it had bombed Houthi targets in Yemen on Sunday, broadening its confrontation with Iran's allies in the area after killing the Hezbollah leader Sayyed Hassan Nasrallah on Friday in an intensifying dispute in Lebanon Pezeshkian, in remarks carried by state media, stated Lebanon. need to be supported. Lebanese fighters need to not be left alone in this fight so that the Zionist routine (Israel) does not assault Axis of Resistance nations one...

Oil & Gas

Lebanon would have a hard time to cover 'fraction' of help needs in war with Israel, minister says

Lebanon would struggle to satisfy even a portion of its help needs if fullscale war with Israel emerges, a senior official said, as it seeks increased donor support in the middle of relentless border clashes. Nasser Yassin, the minister managing contingency preparation for a broader conflict, told Reuters Lebanon would require $100. million month-to-month for food, shelter, healthcare and other needs in. a worst-case scenario. A little fraction, even 10 to 15 percent of that, would be. substantial for the government. We will need donors to step up, Yassin. stated. International help is already falling short. Lebanon has. gotten only...

Oil & Gas

Poland probing alleged links between Orlen unit's ex-CEO and 'terrorist organisations'

Poland has actually launched an investigation into multi-million-dollar cash losses by Polish refiner Orlen's Swiss unit and claims that its former CEO had ties to terrorist. organisations, Warsaw chief prosecutor Malgorzata Adamajtys. said on Tuesday. Polish site Onet had actually reported on Monday that the. former CEO of Orlen Trading Switzerland, described just as. Samer A. due to local personal privacy laws, was believed by Orlen's. internal security system of having had contacts with Lebanon's. powerful Iran-backed Hezbollah militant group. Samer A., the ex-CEO of Orlen's Swiss subsidiary OTS,. rejected in an interview with Polish private radio RMF on Tuesday....

Oil & Gas

MIDEAST - Factors to watch - May 14

Here are some factors that might affect Middle East stock exchange on Tuesday. has not validated the press reports and does not guarantee their accuracy. INTERNATIONAL/REGIONAL * GLOBAL MARKETS-Asia shares hit 15-month high as traders wait for CPI * Oil constant as investors eye US inflation, OPEC report * PRECIOUS-Gold rates edge greater as essential United States inflation information looms * MIDEAST STOCKS-Gulf markets end mixed ahead of United States inflation data * Israeli forces press Gaza offensive from north and south * Erdogan defends Hamas, says members are being dealt with in Turkish hospitals * White House sees no...

Fossil Fuels

Fossil Fuels

Stop Israel from battle Iran's oil websites, Gulf mentions desire US

Gulf states are lobbying Washington to stop Israel from attacking Iran's oil sites due to the fact that they are concerned their own oil facilities might come under fire from Tehran's proxies if the dispute intensifies, 3 Gulf sources told Reuters. As part of their attempts to prevent being captured in the crossfire, Gulf states including Saudi Arabia, the United Arab Emirates and Qatar are also declining to let Israel fly over their airspace for any attack on Iran and have actually conveyed this to Washington, the three sources close to federal government circles said. Israel has assured Iran will...

Fossil Fuels

Israeli airstrike eliminates two in southern Lebanon

2 individuals were killed on Saturday in an Israeli airstrike on the outskirts of the southern Lebanese town of Aitaroun, Lebanon's state news agency NNA stated on Saturday. The Israeli armed force said in a statement that its soldiers had determined a Hezbollah militant in the Aitaroun area, and that quickly afterwards an Israeli aircraft had performed an airstrike that struck the person. Israeli forces launched 2 missiles targeting a coffee shop at a. gas station, triggering significant damage to the facilities and. to the surrounding area, NNA said. Lebanese armed group Hezbollah said its fighters struck back. by shooting...

Fossil Fuels

Israeli strike reported to have actually eliminated two individuals in southern Lebanon

An Israeli air campaign on the borders of Aitaroun in southern Lebanon killed 2 people, Lebanese state news company NNA reported on Saturday. Israel's IDF stated in a statement that its soldiers had recognized a Hezbollah militant in the location of Aitaroun and shortly later an Israeli aircraft had struck the person. Israeli forces introduced two missiles targeting a coffee shop at a. fuel station which led to major damage to the store, the. station and the surrounding area, the NNA report stated. The conflict in between Lebanon's Hezbollah and Israel, which. has actually been battled in parallel to the...

Mineral Resources

Mineral Resources

Israel orders evacuation of more southern Lebanese towns amid increasing displacement

The Israeli military purchased citizens of 22 southern Lebanese towns on Saturday to leave to areas north of the Awali River, which flows from the western Bekaa Valley into the Mediterranean. The order, interacted via a military declaration, points out villages in southern Lebanon that have actually been current targets of Israeli attacks, a number of which are currently practically empty. The Israeli military stated that evacuations were essential for the safety of locals due to increased Hezbollah activities, declaring the group is using sites to conceal weapons and launch attacks on Israel. Hezbollah denies concealing its weapons amongst civilians....

Mineral Resources

Judge questions Lebanon's apprehended ex-central bank chief Salameh, sources say

A judge began interrogating Lebanon's detained previous central bank guv Riad Salameh in Beirut on Monday, judicial sources stated, the very first hearing because he was held last week and charged with alleged monetary criminal offenses including embezzling public funds. The judge questioning Salameh, who ran the reserve bank for 3 years up until July 2023, is expected to choose whether to keep him in detention or release him pending additional questioning over alleged embezzlement, forgery and illicit enrichment. Salameh's media office has said he would not comment openly on the case, in line with the law. It said in...