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Geopolitics

Israel strikes Lebanon killing 11, including Hezbollah commander; oil prices rise

BearishGeopolitics

Regional tensions escalated as an Israeli airstrike in southern Lebanon killed 11 people, including senior Hezbollah commander Abu Hassan Alaa, in what was the deadliest day of fighting in months. Israel stated the strike was in retaliation for an attack that injured three of its soldiers. The conflict, occurring just before a US-Iran ceasefire agreement expires, contributed to a nearly 6% rise in Brent crude prices last week amid fears of wider supply disruptions.

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