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Farmer's Weekly (Digital)

Farmer's Weekly (Digital)

1 Issue, 18 October 2024

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The Iran-Israel conflict and oil prices

The Iran-Israel conflict and oil prices
At the time of writing, tensions were quickly escalating in the Middle East. For those who have not been following the news in this regard, here is a quick recap: on 7 October 2023, members of Hamas, which has been labelled a terrorist organisation by the US and UK governments, as well as others, but notably not by South Africa, crossed from Gaza into Israel and killed 1 200 Israelis and kidnapped around 200 more. On 8 October, Hezbollah, also labelled a terrorist organisation by the US and UK, fired guided rockets and artillery shells at Israeli positions in the occupied Shebaa Farms. According to Hezbollah, this was done in solidarity with the Palestinians, whom they believe are under Israeli occupation (something that Israel, of course, vehemently denies). The Israeli…
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Farmer's Weekly (Digital) - 1 Issue, 18 October 2024

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