Oil Prices Rally As Middle East Tensions Rise, Libya Warns Of Potential Production Halt: 10 Energy Stocks On The Move Monday

Quick Summary:

What Happened: On Saturday, Aug.24, the Iran-backed Lebanese militant group Hezbollah launched a large-scale assault against Israel, using rockets and drones in retaliation for the killing of senior Hezbollah commander Fuad Shukr by Israeli forces.

In response, Israel carried out airstrikes on multiple Hezbollah positions in southern Lebanon, hitting at least 17 sites in an effort to thwart further large-scale attacks.Israeli ...

The attack involved hundreds of rockets and at least 20 drones targeting various locations in northern Israel.

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Author / Journalist: Piero Cingari

Category: Technology

Markets: United StatesIsraelLebanon

Topics: Commodities XOP Geopolitics CH0048265513 CH0033347318 Politics GPRE US7483561020 US81369Y5069 XLE US42330P1075 COP MRO Macro Economic Events Equities STR Israel Global Lybia OEG Top Stories Sector ETFs Tech Asia US5658491064 US25179M1036 US71654V4086 US78464A7303 ETFs NE Economics Oil MUR RIG Oil prices TALO US6267171022 Econ #s PBR US6780021068 Benzinga US20825C1045 US3932221043 Middle East DVN Stories That Matter HLX OIH

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-26 @ 13:49:58 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 523 words

Reading Time: 3 minutes read

Sentences: 23 lines

Sentence Length: 23 words per sentence (average)

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Copyright Owner: © Benzinga

News ID: 22260312

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