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 China's Middle Class and Youth Turn to Gold as Traditional Markets Lose Shine READ MORE Global Currency Shifts: Dollar Rises, Yen Struggles, and Europe Reacts READ MORE Here's what JP Morgan, Citi, and Bank of America are Predicting for the Gold Price READ MORE Investors Eye Fed Minutes for Gold Price Guidance, as Precious Metal Surpasses $2,000 Mark READ MORE LBMA: 2024 Precious Metals Analysts' Forecasts READ MORE Add a Comment Cancel replyYour email address will not be published.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