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Gaza cancer patients face rising death rate due to Israeli control

Gaza cancer patients are dying at two to three ​times the pace they did before the start of the genocide in the territory, as Israel blocks many from travelling for treatment after destroying the only ‌local specialised facility. Israel blew up Gaza's specialised cancer hospital last year after claiming that troops found a tunnel used by Hamas running beneath it, a claim that they have yet to substantiate. That means that an estimated 17,000 Gazans with cancer have no local option for chemotherapy or other advanced therapy. Practically no Palestinians can afford to travel for treatment, and those who can face Israeli restrictions. The military imposes strict caps on daily crossings to Egypt, despite a 2025 Israel-Hamas ​"ceasefire" deal that requires free movement in and out. Asked for comment, COGAT, the Israeli military agency that controls access to Gaza, said it coordinates medical evacuations with the ​World Health Organisation. To depart, Gazans mus...
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Oil prices rise despite larger-than-expected drop in US crude stocks

Oil prices extended gains from the previous session on Thursday, buoyed by a bigger-than-expected decline last week in crude stockpiles in the United States, the world's largest oil consumer. Brent futures rose 32 cents, or 0.4%, to $85.40 a barrel by 0340 GMT, while U.S. West Texas Intermediate (WTI) crude gained 48 cents, or 0.6%, to $83.33. Both contracts settled higher on Wednesday. US crude inventories fell by 4.9 million barrels last week, the latest data from the U.S. Energy Information Administration showed. That exceeds a decline of 30,000 barrels forecast by analysts in a Reuters poll and a drop of 4.4 million barrels in a report from the American Petroleum Institute trade group. "Healthy demand signals from the U.S. outweighs concerns from modest Chinese growth last week," said Priyanka Sachdeva, senior market analyst at Phillip Nova. "Hopes of a Fed easing, which can boost economic growth, and current summer travel in the US are ensuring enough traction in oil demand from the world's largest economy," Sachdeva said. The prospects of cuts in interest rates in coming months in the both the US. and Europe helped to support the market. Federal Reserve officials said on Wednesday the U.S. central bank is "closer" to cutting interest rates given inflation's improved trajectory and a labour market in better balance, possibly setting the stage for a reduction in borrowing costs in September. Also, US economic activity expanded at a slight to modest pace from late May through early July with firms expecting slower growth ahead. The European Central Bank, meanwhile, is all but certain to keep interest rates unchanged on Thursday, but signalled that its next move is likely to be a cut. Investors are also awaiting policy news from a key leadership gathering in China that is to end on Thursday. The dollar eased on Thursday for a third straight session. A weaker dollar can boost demand for oil by making greenback-denominated commodities like oil cheaper for holders of other currencies.

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