global oil market impact Archives - LN24 https://ln24international.com/tag/global-oil-market-impact/ A 24 hour news channel Tue, 10 Mar 2026 19:32:10 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://ln24international.com/wp-content/uploads/2021/09/cropped-ln24sa-32x32.png global oil market impact Archives - LN24 https://ln24international.com/tag/global-oil-market-impact/ 32 32 PM Netanyahu Says Israel Not Done Yet in Its Military Campaign Against Iran https://ln24international.com/2026/03/10/pm-netanyahu-says-israel-not-done-yet-in-its-military-campaign-against-iran/?utm_source=rss&utm_medium=rss&utm_campaign=pm-netanyahu-says-israel-not-done-yet-in-its-military-campaign-against-iran https://ln24international.com/2026/03/10/pm-netanyahu-says-israel-not-done-yet-in-its-military-campaign-against-iran/#respond Tue, 10 Mar 2026 19:32:06 +0000 https://ln24international.com/?p=30649 Israel Intensifies Operation “Roaring Lion” Against Iranian Targets

In JERUSALEM the Israeli Prime Minister Benjamin Netanyahu said Israel will continue its military campaign against Iran, declaring that the country is “not finished yet” with its operations as the conflict enters its second week.

Speaking amid ongoing strikes, Netanyahu emphasized that Israel will persist until its strategic objectives are achieved, including weakening Iran’s missile and nuclear capabilities. The Israeli offensive, known as Operation “Roaring Lion,” has targeted key military facilities, missile infrastructure and command centers across Iran.

The Israeli leader said the campaign is necessary to eliminate what he described as an existential threat posed by Iran’s weapons programs and regional military activities. Israeli officials claim significant progress has already been made in degrading Iran’s military infrastructure.

Escalation of military operations

Israel has intensified its air and intelligence operations during the campaign, conducting multiple waves of strikes across Iranian territory. According to Israeli officials, the attacks are aimed at dismantling Iran’s ballistic missile program and preventing further development of nuclear capabilities.

Netanyahu recently stated that Israeli forces had achieved near-complete control of the skies over Tehran following a series of coordinated strikes carried out with support from the United States.

The operation began after intelligence assessments indicated that Iran was rebuilding parts of its missile and nuclear infrastructure following previous confrontations with Israel. Israeli authorities argue that delaying action could have allowed Tehran to strengthen its military capabilities significantly.

Regional tensions rise

The conflict has significantly increased tensions across the Middle East. Iran has responded with missile and drone attacks against Israeli and U.S. interests, while allied militant groups in the region have also become involved.

The fighting has raised concerns among global leaders about the possibility of a broader regional war. Diplomatic efforts to contain the conflict are ongoing, but both sides have continued military operations.

Israeli Foreign Minister Gideon Saar said the country does not seek a prolonged war but will continue its campaign until it believes the threat from Iran has been sufficiently neutralized.

Global implications

The escalating conflict has also rattled global energy markets and prompted fears of disruptions to oil supplies, particularly if tensions spread to critical shipping routes such as the Strait of Hormuz.

Analysts warn that the next phase of the conflict could determine whether the crisis remains limited to Israel and Iran or expands into a wider regional confrontation.

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US Urges Israel to Stop Attacks on Iran Energy Sites, Axios Reports https://ln24international.com/2026/03/10/us-urges-israel-to-stop-attacks-on-iran-energy-sites-axios-reports/?utm_source=rss&utm_medium=rss&utm_campaign=us-urges-israel-to-stop-attacks-on-iran-energy-sites-axios-reports https://ln24international.com/2026/03/10/us-urges-israel-to-stop-attacks-on-iran-energy-sites-axios-reports/#respond Tue, 10 Mar 2026 19:16:12 +0000 https://ln24international.com/?p=30645 In WASHINGTON the United States has urged Israel to halt attacks on Iran’s energy infrastructure, according to a report by Axios citing sources familiar with the discussions. The request highlights emerging tensions between the allies over the scope of Israel’s military campaign against Iran.

U.S. officials conveyed the message to senior Israeli officials, including military leadership, asking that strikes on Iranian fuel depots and oil-related facilities be avoided. The request comes after Israeli forces reportedly targeted dozens of fuel depots across Iran over the weekend.

Concerns over escalation and oil markets

Washington is concerned that attacks on energy infrastructure could escalate the conflict and trigger wider retaliation across the Middle East. Iranian officials have warned that continued strikes on oil facilities could prompt Tehran to target energy sites across the region.

Such a scenario could threaten global oil supplies and push energy prices significantly higher. Oil prices have already surged above $100 per barrel amid fears that the conflict could disrupt shipments through key routes such as the Strait of Hormuz.

U.S. officials also worry that striking infrastructure used by civilians could undermine efforts to weaken Iran’s leadership by rallying domestic support around the government.

Strategic differences between allies

The U.S. reportedly views attacks on Iran’s energy sector as a last-resort option rather than a routine target in the current military campaign. According to sources cited by Axios, the Trump administration wants to preserve Iran’s oil industry for potential post-war economic recovery and stability.

U.S. Defense Secretary Pete Hegseth also stressed that Israeli strikes on fuel depots were not part of Washington’s objectives in the conflict.

Despite the disagreement, Israel has said it is not seeking a prolonged war but intends to continue operations until its strategic goals against Iran’s military and nuclear capabilities are achieved.

Growing regional tensions

The war between Israel and Iran has intensified over the past two weeks following joint U.S.–Israeli strikes on Iranian targets and subsequent retaliation from Tehran. The conflict has expanded beyond the two countries, raising fears of a wider regional confrontation involving Iranian-backed groups and critical energy infrastructure across the Middle East.

Analysts warn that further attacks on energy facilities could destabilize global oil markets and increase the risk of broader economic and security consequences worldwide.

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EU Proposes Sweeping Sanctions to Further Cripple Russian Crude Exports https://ln24international.com/2026/02/09/eu-proposes-sweeping-sanctions-to-further-cripple-russian-crude-exports/?utm_source=rss&utm_medium=rss&utm_campaign=eu-proposes-sweeping-sanctions-to-further-cripple-russian-crude-exports https://ln24international.com/2026/02/09/eu-proposes-sweeping-sanctions-to-further-cripple-russian-crude-exports/#respond Mon, 09 Feb 2026 06:41:21 +0000 https://ln24international.com/?p=29799 The European Commission has unveiled a sweeping new sanctions proposal aimed at sharply curbing Russia’s seaborne crude oil exports, escalating efforts to choke off Moscow’s most critical source of revenue for its war in Ukraine.

Under the proposed measures, the EU would ban a wide range of services that support Russia’s oil shipments, including shipping, insurance, financing, brokering, and technical assistance. The move goes significantly further than previous sanctions packages, which targeted specific entities or imposed price caps but allowed some service provisions to continue.

European officials say the plan is designed to close loopholes that have enabled Russia to sustain oil exports despite existing restrictions. Crude oil sales remain a central pillar of Russia’s economy and a major funding source for its military operations.

The proposal will require approval from all 27 EU member states, a process that could face resistance from countries concerned about energy market stability and global oil prices. However, Brussels argues that tighter enforcement is necessary to maintain pressure on the Kremlin and demonstrate continued European unity in support of Ukraine.

If adopted, the sanctions would represent one of the most aggressive economic measures taken by the EU since the start of the war, potentially reshaping global energy flows and intensifying economic strain on Russia.

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