Syria
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Mining
Major Gulf markets combined amidst local stress
Significant stock markets in the Gulf were combined in early trade on Thursday in the background of simmering geopolitical tensions in the region and ahead of a U.S. inflation report. Israel's armed force stated it had gotten rid of a Hezbollah member in Syria who passed on intelligence versus Israel in the Israeli-occupied Golan Heights, while Syrian media reported on Thursday that Israeli airstrikes struck targets in Syria. Israel has actually intensified its retaliation for the Hamas attack, sending soldiers into Lebanon and airstrikes into Iran, Yemen and Syria in the hunt for Iran-backed militants, raising fears of a. broader
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Energy Markets
US senators look for to harden restriction on offering reserve oil to China
U.S. senators introduced legislation on Thursday to harden the ban on selling petroleum from the Strategic Petroleum Reserve (SPR) to China. The costs, introduced by Senators Joni Ernst, a Republican and John Fetterman, a Democrat, would guarantee that business owned or controlled by China's federal government do not purchase oil from the SPR. Senators Bob Casey and Sherrod Brown, both Democrats, and Tom Cotton, a Republican politician, likewise signed up with as co-sponsors. A financing bill signed by President Joe Biden this month blocked Chinese business from buying oil, however included an exception if the oil was not exported to