Oil Prices Climb as Netanyahu Rejects Hamas Cease-Fire Deal Crude oil futures climbed on Tuesday after Israeli Prime Minister Benjamin Netanyahu dismissed a Hamas-approved cease-fire proposal as “sabotage,” committing instead to continue military operations in Rafah, Gaza. Netanyahu critiqued the proposal for falling short of Israel’s essential demands. This rejection comes amid ongoing conflict, with Israeli forces taking control of the Rafah border crossing, an action that drew criticism from Egypt, which has been mediating the cease-fire talks. Defense Minister Yoav Gallant asserted that operations in Rafah would persist until their objectives regarding Hamas are met. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts US Debt and the Rising Specter of Bond Vigilantes: A Financial Stability Threat? READ MORE Silver Surges to August Highs as Bullish Trend Resumes READ MORE Gold Prices Dip as U.S. Recession Concerns Ease, Dollar Strengthens READ MORE Mixed Central Bank Buying Patterns Keep Gold Market on Edge READ MORE De-Dollarization: A Gradual Shift from US Currency Control READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment