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Israeli occupier attacks threaten historic Christian presence in West Bank town

In Taybeh, one of the few Palestinian communities with a Christian majority in the occupied West Bank, fears are growing that Israeli occupier attacks on farmland and property could push more families to emigrate, threatening the town’s demographic character and historic Christian presence. Local officials and clergy warned of the impact of rising violence by Israeli occupiers, which has coincided with worsening living and economic conditions in the town. Taybeh, east of Ramallah, is one of the few Palestinian towns in the West Bank that still has a Christian majority, according to church and local accounts. Residents say the town’s Christian roots go back thousands of years. Residents say the attacks have deepened fears in the town, even as they stress their determination to remain on their land. Also Read: Pakistan raises red flag over illegal settlements in West Bank, calls for Israel accountability In recent years, Israeli occupiers have established several ill...
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Oil dips from seven-week high on cautious outlook

Oil prices edged down on Thursday, retreating from the previous session's seven-week high, as some investors took profits after US stocks closed lower and in anticipation of slower winter demand as well as the return of Kurdish supplies. Brent futures were down 49 cents, or 0.7%, to $68.82 a barrel at 0825 GMT, while US West Texas Intermediate futures were down 54 cents, or 0.8%, to $64.45 a barrel. Both benchmarks gained 2.5% on Wednesday to reach their highest since August 1, driven by a surprise drop in US weekly crude inventories and concerns that Ukraine's attacks on Russia's energy infrastructure could disrupt supplies. "We have a generally risk-off market," said Giovanni Staunovo, commodity analyst at UBS. Two consecutive down days for US stocks are putting pressure on oil prices, he added. Bearish expectations on supply fundamentals, with more oil expected soon from Iraq and Kurdistan, weighed further. "The return of Kurdish supplies adds back fears of an oversupply narrative, propelling a pullback in prices that hover near a seven-week high," said Priyanka Sachdeva, senior market analyst at Phillip Nova. Oil flows from Iraqi Kurdistan were expected to restart in days after eight oil firms struck a deal on Wednesday with Iraq's federal and Kurdish regional governments to resume exports. While some market concerns remain on Russian supply disruptions, Haitong Securities said in a report that another factor behind oil's resilience was the lack of significant downward pressure from supply–demand fundamentals in recent weeks. As the peak demand season gradually ends, prices have yet to reflect expectations of mounting oversupply pressures, it added. Underscoring investor cautiousness on demand, J.P. Morgan analysts said on Wednesday that US air passenger throughput for September indicated only a modest annual increase of 0.2%, a slowdown from growth of 1% in each of the two prior months. "Likewise, US gasoline demand has started to pull back, mirroring the broader moderation in travel trends," the analysts said in a report.

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