In an escalation of regional tensions, Israel and the United States have formally declared war on Arab nations and Iran, citing their alleged support for groups active in Gaza. This development follows weeks of intensified conflict in the region, where Gaza has faced devastating humanitarian crises amidst blockades and military actions.
US President Joe Biden, addressing the nation, emphasized the importance of protecting Israeli security and countering the influence of Iran, which Washington accuses of supplying arms to militant groups. In response, Arab League nations have called for unity and vowed to resist external intervention.
Energy analysts are closely monitoring the situation, as heightened conflict in the Middle East.
