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Israel-Hamas war: Oil prices & defense stocks surge on war fears
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ISRAEL - HAMAS - PALESTINE

ISRAEL - HAMAS - PALESTINE
Early last weekend morning,
Thousands of missiles cut through the quiet night sky from Gaza in western Palestine (Palestine).
In addition to destroying many facilities in southern Israel (Israel) cities,
It has taken nearly a thousand lives,
It also blew up three question marks in the minds of many netizens [???]

I'm here to sort it out for everyone,
The bloody and tearful history of these two rivals over the past half century and the reason for this conflict.

———- Chapter 1 Introduction ———-

Israel - Located in the center of the Middle East, a Jewish-dominated country geographically surrounded by Egypt, Saudi Arabia, Syria, Lebanon, Jordan, and Iraq.
The relationship with the United States is special, and it has a well-developed high-tech and military industry.

Palestine - Israel's neighboring country, divided into east and west, and the main conflict with Israel is in the west.
Western Palestine is known as the Gaza Strip and is controlled by the armed group Hamas (Hamas).

Since 1948,
The animosity between Israel and neighboring countries has never subsided.
And the conflict with Hamas,
It has also always been part of the complicated situation in the Middle East region.
During this period, conflicts will break out from time to time, then escalate and stagnate, over and over again.
It also caused many deaths and extensive damage.

the geographical location of Palestine and Israel,
Since ancient times, it has been a meeting point for many ethnic groups and religious beliefs in the Middle East.
The core of the dispute is Jerusalem, which is known as a religious mecca.
This place is important for people of the Jewish, Islamic, and Christian beliefs.

———- Chapter 2 ———-

Attacks in recent years:
Over the past 20 years, apart from the two sides firing artillery at each other from time to time,
In fact, there have also been quite a few large-scale attacks.
However, due to the disparity in military strength,
Israel has always had an active advantage

Conflicts between religions:
Many Muslim countries in the Middle East,
Due to history and religion,
As a result, the relationship between them and Israel is not very harmonious,
Some have no official diplomacy, or are in a state of hostilities

Saudi Arabia changes its attitude towards Israel:
Both countries are allies of the United States in the Middle East.
Although there is no official diplomacy between the two countries,
However, under the coordination of the United States (US-Saudi Arabia Joint Defense Agreement),
Saudi Arabia changed its attitude towards Israel,
Last week, Saudi Arabia promised to cut crude oil production starting in 2024.
so that oil prices don't get out of control,
help the US control inflation,
in exchange for America's security,
and construction of civil nuclear projects.

Since Israel was founded in 1948,
Saudi Arabia has never recognized Israel's international status.
There are also no official diplomatic relations between the two countries.
Under the US-Saudi Arabian Mutual Defense Agreement led by the United States,
Saudi Arabia must recognize Israel's international status,
Once the agreement is implemented,
The geopolitical landscape in the Middle East will change dramatically.

Saudi Vision 2030, the 2030 vision established by Saudi Arabia,
It is one of the reasons that push Saudi Arabia itself to be more open to diplomatic relations.
After all, we need to develop more infrastructure,
Above all, it is necessary to establish regional political stability in the Middle East.

———- Chapter 3 ———-

The trigger for the escalation of the conflict:

The “US-Saudi Joint Defense Agreement” between Saudi Arabia and the US made progress last week.
In addition, Israeli President Netanyahu showed Israel's expansionary map (including Palestine within Israeli territory),
Hamas couldn't sit still,
Then a surprise attack was launched.
In addition to thousands of missiles washing the ground,
Ground forces have also been sent into Israel to carry out attacks.

Israel has also declared a state of war.
Counterbombing Hamas's Gaza.
The United States is also dispatching advanced aircraft carrier forces to assist Israel.

———- CONCLUSIONS ———-

the question of Israel and Palestine,
It won't be solved overnight,
The conflict has been maintained for decades,
It's very difficult to get rid of it.
Although it is not an oil producing country,
But every time the gun sounds,
Crude oil will rise reflexively,
As to whether there will be an oil shortage,
It should be less likely,
After all, neither Palestine nor Israel are oil producers.
A reasonable price for oil,
In the hands of OPEC+, which can control production,
Saudi Arabia's position is
Don't let the price of oil be too high,
However, it can maintain a “profitable” sweet spot,
Undoubtedly, the USD 80-95 range is something they are happy to see.
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  • frostie83 : You missed the part where Israel has been occupying Palestine for 75 years... not to mention the current escalation was due to illegal Israeli settlers and the occupation forces attacking Muslim worshippers at the mosque sector of Al Aqsa..

    Al Aqsa is compromised of 3 areas where the Jews, Christians, and Muslims have their own sector/ court where they can pray and worship in their respective sectors.

    it's unfair to continuously mention Hamas as a terrorist organization when Hamas only formed after the Israeli occupation displaced the Palestinians from their land since 1948 until now.

    Palestinians currently lack access to food, water, fuel, and electricity due to the Israel cutting them all off (which is not only a war crime but also a human rights violation). Due to Israel cutting off Gaza's resources, the Ministry of Health in Palestine has declared the healthcare system has completely collapsed.

    Should you mention that Israel has allowed 20 humanitarian aid to come through the Rafah Crossing. It is to note that Palestine regularly gets 500 trucks coming into the country on a daily basis.

    Also, despite Israel informing Palestinians to move south to avoid airstrikes; the Palestinians that managed to move south are currently being bombed and attacked regardless.

    As Palestine has land and water resources, the US benefits from Israel's occupation and genocide of Palestinians by providing the means (military aid, financial aid, media and publicity) to illegally acquire Palestinian land.

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