We know what’s coming and we are prepared.
#BREAKING Hezbollah statement on pager attack by Israel.
At approximately 3:30 pm on Tuesday 09-17-2024, a number of messaging devices known as "pagers" exploded, which are owned by a number of employees in various Hezbollah units and institutions.
These explosions, the causes of which are still unknown, led to the martyrdom of a girl and two brothers, and the injury of a large number of people with various injuries.
Hezbollah's specialized agencies are currently conducting a wide-ranging security and scientific investigation to determine the reasons that led to these simultaneous explosions, and medical and health services are also treating the wounded and injured in a number of hospitals in various Lebanese regions.
We ask God Almighty to have mercy on our righteous martyrs on the road to Jerusalem, and we pray for the wounded and injured to recover quickly, and we call on our honorable people to be aware of the rumors and false and misleading information that some parties are spreading in a way that serves the psychological war in favor of the Zionist enemy, especially since this is accompanied by the Zionist enemy's intimidating and threatening speeches and what it calls changing the situation in the north.
We confirm that the resistance at all levels and various units is at the highest level of readiness to defend Lebanon and its steadfast people.
🛢 How Long Can Demand Destruction Keep a Lid on Oil Prices?
In a somewhat puzzling market development, oil prices haven't spiked yet to record highs amid the worst supply disruption in history.
That's because the market still hopes for a quick resolution to the Strait of Hormuz crisis (for more than three months now), global inventories have offered a supply buffer, the world's top crude importer, China, is staying away from spot purchases, and last but not least, demand destruction is accelerating amid the high prices.
The oversupply with which the market faced the beginning of the Iran war has helped to ease the upward pressure on oil prices as the conflict enters its fourth month. But global stocks, except in China, are being depleted at a record pace, suggesting that the buffer is stretching thin and the true magnitude of the supply loss will hit the market very soon.
Excluding China, which has accumulated large buffer stocks of more than 1.2 billion barrels over the past year, the rest of the ...
🇺🇸🚜🛢 Biggest Diesel Shock Since 2022 Deals Another Blow to US Farmers
While US farmers brace for higher fertilizer and chemical bills tied to turmoil in the Middle East, another expense is already taking a bite out of razor-thin margins: diesel fuel.
Prices for the fuel that powers tractors, combines and grain trucks have surged as the war in Iran disrupted global oil flows, catching many producers who expected lower energy costs this year off guard. In Illinois, the top US soybean-producing state, farm diesel averaged a record $5.41 a gallon at the start of May, nearly double the price a year earlier.
Current costs, which have moderated some in recent weeks amid prospects for a US-Iran peace deal, still rival levels last seen in 2022 after Russia’s invasion of Ukraine, adding a fresh burden for farmers already facing weak crop prices and mounting financial pressure.
Marty Richardson, who grows corn and soybeans and raises cattle in Missouri, experienced the sticker shock ...
