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OIL: Oil Gaining After Latest Hezbollah Strike

OIL

Oil finding further strength on Friday as Israel said its military hit Hezbollah’s main headquarters in southern Beirut, ratcheting Middle East tensions further. 

  • The strike came after Israel vowed to continue bombarding Hezbollah targets in Lebanon indefinitely.
  • Earlier Bloomberg headlines:
  • “*ISRAEL ARMY: CONTINUING TO ATTACK HEZBOLLAH TARGETS IN LEBANON”
  • “*ISRAEL SAYS IT HAS HIT HEZBOLLAH'S MAIN HQ IN SOUTHERN BEIRUT”
  • RBC warned earlier this week that the Hezbollah escalations are the greatest risk to pulling Iran deeper into the conflict.
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Oil finding further strength on Friday as Israel said its military hit Hezbollah’s main headquarters in southern Beirut, ratcheting Middle East tensions further. 

  • The strike came after Israel vowed to continue bombarding Hezbollah targets in Lebanon indefinitely.
  • Earlier Bloomberg headlines:
  • “*ISRAEL ARMY: CONTINUING TO ATTACK HEZBOLLAH TARGETS IN LEBANON”
  • “*ISRAEL SAYS IT HAS HIT HEZBOLLAH'S MAIN HQ IN SOUTHERN BEIRUT”
  • RBC warned earlier this week that the Hezbollah escalations are the greatest risk to pulling Iran deeper into the conflict.