What The Endgame in Gaza Means For Middle East Security And Oil Prices

The next phase of Israeli Prime Minister Benjamin Netanyahu’s plan for Gaza could well be the beginning of the endgame of the ongoing Israel-Hamas War that poses the most danger for the global oil market. According to his statement on 5 May, he said that Israel was “on the eve of an intense entry into Gaza,” and that once the tens of thousands of extra Israel Defense Force (IDF) troops drafted for the mission are in the territory, “they will not enter and come out”. At the same time as the new IDF offensive against…