All articles tagged with #mideast conflict
France and Saudi Arabia are pushing for a two-state solution amid the Gaza conflict, but US and Israel oppose it, fearing it could empower Hamas and threaten Israeli security, while regional and international efforts face significant obstacles.
The Paris Airshow opens amid concerns over India's deadly Boeing 787 crash and escalating Middle East missile strikes, leading to a more subdued industry atmosphere with reduced Boeing presence, while Airbus is expected to secure major orders, including a significant deal in Poland.
Despite the recent Mideast conflict between Hamas and Israel, oil prices are unlikely to surpass $100 a barrel, according to veteran strategist Ed Morse. He believes that even if the war escalates and draws in Iran, there is still around 4.5 to 5 million barrels a day of spare capacity in the world that can be brought to the market. Another energy analyst, Pavel Molchanov, also thinks it is highly unlikely that Iran will engage in a war with Israel. While Molchanov predicts oil reaching $100 a barrel within six months, the immediate threat of a significant price spike from the Mideast conflict seems unlikely.