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February 03, 2024
Ktaib Hezzbolah

📖 🇮🇶 🇮🇶 Explained: What is Kataib Hezbollah, the group targeted by US

🔶️ Kataib Hezbollah, also known as the Hezbollah Brigades, is an Iran-backed Iraqi militia accused of launching the drone strike in Jordan. Established in 2007 by Abu Mahdi al-Muhandis, a close associate of Iran’s top general Qasem Soleimani, the group operates within the Popular Mobilisation Forces (PMF), an umbrella organisation of mostly Shia armed groups. Both al-Muhandis and Soleimani were killed in a US drone strike in 2020, escalating tensions between the US and Iran.

🔶️ The group adheres to the ideology of Wilayat al-Faqih, granting Iran’s Supreme Leader Ayatollah Ali Khamenei ultimate authority over Shia Muslims. Designated a foreign terrorist organisation by the US since 2009, Kataib Hezbollah has denied involvement in some attacks, accusing the US of violating Iraq’s sovereignty.

🔶️ Led by Abu Fadak al-Mohammadawi, Kataib Hezbollah’s size and structure remain unclear, but it is estimated to have thousands of fighters with access to various weapons. The group has engaged in attacks against US forces, as well as against perceived enemies in Iraq and the region, and has deployed fighters to support Syria’s President Bashar al-Assad against rebels. In 2021, the group participated in Iraq’s elections, winning seats in parliament.

https://www.news9live.com/world/explained-what-is-kataib-hezbollah-the-group-targeted-by-us-2427318

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OIL SHOCK

🇮🇱 ❌ 🇮🇷 🛢 📈 — Deutsche Bank: Oil Prices will go to $125/barrel if the Iran-Israel conflict spills over into the Straight of Hormuz

@CIG_Telegram

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Analysis

Developments in the Iran-Israel war. It is currently 1:11am in Tel Aviv and 1:42am in Tehran.

Main points:

Iran and Israel have started targeting each other’s energy infrastructure.

Iranian missiles continued to target and impact northern and central Israel.

Israel has started targeting Iranian oil infrastructure, including oil refineries and oil depots.

Israeli airstrikes continue to target various parts of Tehran and the surrounding areas.

Iranian air defence seems to finally be doing some damage to Israeli missiles and drones. In turn, Israel has deployed dozens of small quadcopters and loitering munitions to waste Iranian air defence and saturate for larger attacks with cruise missiles.

Drones launched from Iran and factions in Iraq continue to target northern and southern Israel.

Missiles & drones:

2 rockets were launched from the Khan Younis area of southern Gaza by an unknown Palestinian faction. Neither were intercepted, with the IDF claiming they hit an open area with no casualties.

2 rockets were ...

Oil Prices

OIL MARKETS REACT SHARPLY TO ESCALATING MIDDLE EAST TENSIONS

📈 WTI CRUDE IS NOW FORECAST TO HIT $94.10 BY YEAR-END, UP OVER $21 IN A WEEK, ACCORDING TO KALSHI MARKETS.

THE JUMP FOLLOWS IRAN’S CANCELLATION OF NUCLEAR TALKS WITH THE U.S., CITING ISRAELI AIRSTRIKES. WITH TENSIONS RISING, MARKETS ARE PRICING IN THE RISK OF REGIONAL ESCALATION AND POTENTIAL DISRUPTION TO OIL FLOWS THROUGH THE STRAIT OF HORMUZ, A KEY ROUTE FOR 20% OF GLOBAL OIL.

ANALYSTS WARN THAT A FULL CLOSURE OF THE STRAIT COULD PUSH PRICES ABOVE $120–$150 PER BARREL. ...

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