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Real-time News
On September 2nd, Israeli Defense Minister Katz stated that he believes Israels military operations have significantly weakened Iran. "We eliminated the existential threat from Iran, removed Khamenei, thwarted their strategic capabilities, and set them back decades," he added. He further stated that despite casualties on Israeli soil, Israel has also gained strategically. Katz said, "There were indeed casualties, but in terms of the overall gains and losses, the casualties could have been much more severe. We dismantled their launch capabilities. In the operation against Iran, we achieved tremendous results. Our most dangerous enemy has been severely damaged and is now significantly weaker than us."On September 2nd, Israeli Defense Minister Katz stated that Israel is currently allowing the United States to lead the strikes against Iran because the US has interests in the Strait of Hormuz and energy security. Katz also addressed the possibility that Iran might attempt to rebuild its nuclear program, stating that the program was destroyed during Israels "Operation Rising Lion." He said, "We destroyed it, completely destroyed it." Katz indicated that Trump subsequently joined the operation, deploying B-2 bombers carrying bunker-buster munitions to strike Fordow and another facility. "Since then, the nuclear program has not resumed, and we have been monitoring developments. Now we need to ensure they cannot regain the ability to revive the program, nor will they restart it."On September 2nd, Israeli Defense Minister Katz stated that Israel is monitoring Iranian movements daily and is prepared to strike should an attack occur. Katz noted that Iran "likes to launch attacks during holidays" and emphasized Israels readiness. When asked whether the ongoing attacks between the US and Iran could potentially affect Israel, especially with Jewish holidays approaching, Katz said that Israeli leaders are continuously monitoring developments. "The Prime Minister and I are tracking the situation daily with the Israel Defense Forces, sometimes communicating via red phone in the middle of the night. We are prepared. If they attack us, we will respond with strong force, acting independently without being influenced by any other party."September 2nd - As tensions escalate again in the Middle East, crude oil shipments to India have been disrupted. At least two refiners have been forced to arrange for more expensive alternative sources due to delayed arrivals of their scheduled cargoes. According to sources, Bharat Oil Corporation, Indias state-owned oil company, had four shipments of crude oil from the Persian Gulf that failed to arrive on schedule in August. They also indicated that some crude oil delivery times for Indian Oil Corporation (INC) have been adjusted. Sources familiar with the transactions revealed that the sudden supply disruptions have forced Indian refiners to seek alternative sources, leading to a surge in recent procurement tenders and inquiries. Of the four delayed shipments for INC, two were from the UAE, one from Saudi Arabia, and one from Kuwait.According to Hong Kong Stock Exchange filings, Standard Chartered (02888.HK) repurchased a total of 370,936 shares on other exchanges on September 1, amounting to £8 million.
