European Oil and Cyberattacks

Oil prices turn higher as Middle East ceasefire hopes wane. Fresh round of Israel-Hamas ceasefire discussions in Cairo had ended a multi-session rally on Monday. But then Israeli Prime Minister Benjamin Netanyahu said on Monday an unspecified date had been set for Israel's invasion of Gaza.

Crude prices dipped slightly as oil market awaits fallout from Iran's strike on Isarel. Brent futures for June dipped 0.2%, to reach $90.25 a barrel. West Texas Intermediate (WTI) futures for May delivery went down 0.4% to $85.33 a barrel.

Oil rebounds as Mideast tensions persist, but set for weekly loss - Shafaq News. Brent crude futures climbed 51 cents, or 0.57%, to $90.25 a barrel by 0420 GMT, while U.S. West Texas Intermediate crude futures rose 61 cents to $85.63.

Ukraine has escalated its drone attacks on Russian oil refineries since the beginning of the year in an effort to cripple Russia's economy and constrain fuel supplies to its military. Experts who spoke to The Moscow Times agree that their impact on the Russian economy has so far been negligible. However, they said Russia's energy infrastructure is becoming increasingly vulnerable to these inexpensive, difficult-to-intercept attacks. Since the start of the invasion of Ukraine, Russian energy infrastructure has been attacked over 37 times.

Israel is bracing for a direct and unprecedented attack by Iran on government targets as soon as this weekend. The move has the potential to trigger an all-out regional war. An assault from Iranian soil has emerged as one of the main scenarios expected by Israel and its allies. A bombardment with drones and precision missiles could come within the next 48 hours, sources say.

Futures, Bitcoin jump, Oil drops as markets move beyond this weekend's scripted military exchange between Iran and Israel. Futures and yield are predictably higher, while oil is lower. China will release key macro data at 10pm ET tonight. Apple slipped after iPhone shipments slid a worse-than-projected 10% in the first quarter.

Feng Yujun says the conflict is a post-cold-war watershed that will have a profound, lasting global impact. Four main factors will influence the course of the war, including the level of resistance and national unity shown by Ukrainians. The Russian president and his national-security team lack access to accurate intelligence, he reckons.

US House of Representatives set to vote on more than a dozen draft laws this week. Iran launched hundreds of missiles and drones on Israel on Saturday and Sunday. US to impose more sanctions on Iran, while approving more military aid to Tel Aviv. Iran has warned that it will hit back against any future Israeli or US attacks.

World War III Is Now Inevitable Here's Why It Can't Be Avoided. On a long enough timeline, the survival rate for everyone drops to zero. The globalists want to send us to war whether we like it or not. For most in America, Ukraine is irrelevant and we grow tired of wars in the Middle East.

US restricts diplomats' travel in Israel, Bracing for Iran attack by week's end. Pentagon has moved naval assets closer to Israel in expectation of Iranian strikes. US State Department issues security warning to all government employees and their families for US Embassy in Jerusalem. Israel's Mossad approved plans for an attack on Iran in the event that Israel would come under attack from Iranian territory.