Oil steady as Israel-Hamas ceasefire negotiations stall, Netanyahu sets date for Rafah offensive

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Oil steady as Israel-Hamas ceasefire negotiations stall, Netanyahu sets date for Rafah offensive
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Israel Prime Minister Benjamin Netanyahu vowed late Monday to press on with an offensive against the southern city of Rafah.

Israeli Defence Minister Yoav Gallant visit the troops participating in Gaza Strip and made a situation assessment with the commanders in Rafah, Gaza on March 13, 2024.Crude oil futures held steady Tuesday as Gaza ceasefire negotiations appeared to stall and Israel vowed to launch an offensive against the southern city of Rafah.

Israel Prime Minister Benjamin Netanyahu vowed late Monday to press on with an offensive against the southern city of Rafah on the Egyptian border, saying a date had been set for the operation. The U.S has warned Israel against launching an offensive against Rafah, where more than 1 million Palestinians who have fled fighting elsewhere in Gaza are taking refuge.

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