Source: FX Empire
North Korea’s secretive financial apparatus may have helped fund Hezbollah’s military infrastructure in Lebanon through a network of front companies, illicit financial channels and arms-trading intermediaries, according to security reports and testimony from North Korean defectors.
Sunday, October 18, 2026
Israel has heightened its military readiness along its northern frontiers, deploying forces in the Golan Heights and southern Lebanon amid concerns about a possible escalation involving Hezbollah, according to the Israeli newspaper Maariv.
Sunday, October 18, 2026
Lebanese Prime Minister Nawaf Salam has asked the U.S. to establish a binding timetable for the faltering Trilateral Framework, which calls for Hezbollah’s disarmament in return for Israel’s withdrawal. Beirut, however, treats deadlines as suggestions, repeatedly promising to dismantle Hezbollah’s military infrastructure without delivering.
Tuesday, October 6, 2026
A couple of weeks ago, the OECD released the PISA 2025 results. PISA assesses whether fifteen-year-olds can apply what they have learned in reading, mathematics, and science to solve problems. It offers a rare opportunity to ask a question Lebanon usually avoids: after years of schooling, what can students actually do?
Friday, October 2, 2026
Egyptian star Mohamed Salah, captain of the Egyptian national team and Trabzonspor striker, has revealed for the first time a photo of his newborn son, Lil, in a family appearance that received wide interaction from his followers.
Saturday, October 3, 2026
Hekmeh Beirut secured a spot in the final of the West Asia Super League "WASL" Final 8 after defeating Kuwait SC 87-74 in the semifinals, setting up a purely Lebanese showdown with Al Riyadi Beirut for the title.
Saturday, October 3, 2026
Wednesday 17 April 2024 11:51:09
Early Wednesday trading shows oil prices down due to weak demand signals from China and rising U.S. stockpiles.
Oil prices declined in early trading on Wednesday, influenced by concerns over global demand triggered by economic stagnation in China and a potential increase in U.S. commercial oil stockpiles. Despite geopolitical tensions in the Middle East following Iran’s attack on Israel, the anticipated response has not escalated oil prices as expected.
Market analysts suggest that the situation might remain contained, with possible intervention from major oil producers like Saudi Arabia to stabilize global supply. In the U.S., an unexpected rise in crude inventories further pressured oil prices, reflecting broader economic uncertainties.
Meanwhile, China’s mixed economic indicators for March, showing weak domestic demand, add to the complexities affecting the oil and natural gas forecast, indicating a bearish outlook for energy prices in the near term.
On April 17, Natural Gas (NG) saw its price increase to $1.89, up by 0.80%. Currently trading just above its pivot point at $1.85, NG faces resistance levels at $1.94, $1.99, and $2.04. Surpassing these marks could reinforce a bullish outlook.
Conversely, if NG dips below its pivot, support might be found at $1.78, $1.72, and $1.68, where a breakdown could trigger a steeper selling trend. The 50-day Exponential Moving Average (EMA) at $1.91 and the 200-day EMA at $1.90 suggest that prices are hovering near a critical junction.
Staying above $1.85 is pivotal to maintain the current upward trajectory.
USOIL experienced a minor setback, trading at $84.77, down by 0.44%. Currently trading just above its pivot point of $84.68, USOIL faces immediate resistance levels at $86.63, followed by $87.63 and $88.53. Should the price advance past these markers, it could signal strengthening momentum. Conversely, if it dips below the pivot, support can be found at $83.62, $82.31, and $80.95, with a potential to intensify selling pressure if these levels are breached.
The 50-day Exponential Moving Average (EMA) is set at $85.33, suggesting slight bearish pressure as the price hovers below this level. Meanwhile, the 200-day EMA at $82.55 provides a longer-term bullish outlook, indicating that the overall trend may still favor the bulls. Traders should watch the $84.68 level closely; maintaining above this pivot could prevent a steeper decline and stabilize the price.
UKOIL trading at $89.48, marking a decrease of 0.554%. Positioned slightly below its pivotal level of $90.14, the commodity faces upcoming resistance at $90.92, with subsequent levels at $91.83 and $92.89. Should it surpass these thresholds, a bullish continuation could be indicated.
Conversely, support levels are established at $88.78, $87.64, and further down at $86.37. A drop below the pivot could intensify selling pressures. The 50-day Exponential Moving Average (EMA) stands at $89.80, nearly aligned with current pricing, while the 200-day EMA at $86.93 suggests an underlying bullish sentiment in the longer term. Maintaining above $90.14 is critical for continued upward momentum.

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