Right now, Israel’s ties with key Gulf countries such as the United Arab Emirates are close to breaking point, after just a few years ago diplomatic normalization was hailed through Trump’s Abraham Accords.
But international and Israeli press reports confirm that the UAE has announced that it will suspend all humanitarian aid coordination with Israel.
Furthermore, as Israeli media reports: “The UAE announced a suspension of diplomatic coordination with Israel following the deaths of seven aid workers in Gaza.”
Simultaneously, Israel is placing its embassies around the world on high security alert due to the “increased threat of Iranian response” following Monday’s Israeli attack on the Iranian embassy in Damascus.
All of this served to send Brent soaring over the past two hours, with Brent rising above $90 for the first time since October and sending stocks falling to session lows on Wall Street.
With Iran promising its retaliation will occur at any time, Israel’s military is scrambling to prepare, with the latest measure being the suspension of all homecoming permits for all combat troops.
Meanwhile, US President Joe Biden is said to be “upset” with Prime Minister Netanyahu for the murder of seven aid workers in Gaza, although Israel has acknowledged that it was a “serious mistake”.
So far, warnings from Biden and American diplomats have sounded like mere empty words of “concern” and “restraint,” without preventing Israel from continuing military operations in Gaza.
But this time Biden gave Israel an “ultimatum” for “an immediate ceasefire.” According to analysts, Biden’s tougher stance is due to the fact that Israel’s military operations in Gaza are slowly beginning to fracture the Democratic support base, and this is bad for Biden, who is expected to face Trump in the November presidential elections .
Economic Editor
Angola Portal
2024-04-04 23:34:25