Libya needs between $3 billion and $4 billion to reach an oil production rate of 1.6 million barrels per day (bpd), the acting oil and gas minister, Khalifa Abdulsadek, told Reuters on Saturday, adding that a new license bidding round is expected to be approved by the cabinet before the end of January.

A senior Hamas leader praised the Oct. 7 terror attack as a “miraculous military and security achievement,” while promising “justice” for those who committed ...

Hamas remains the dominant Palestinian power in Gaza even after 15 months of Israeli bombardment, holding sway in displacement camps and refusing to surrender. By Adam Rasgon Reporting from ...

Hamas warned Israel that the ongoing airstrikes in Gaza could kill the remaining captives before the break-through cease-fire and hostage exchange deal even begins ...

Disputes over the now infamous Philadelphi security corridor are once again plaguing efforts to secure a cease-fire between Israel and Hamas, an Israeli spokesman for Prime Minister Benjamin ...

President Joe Biden said American hostages will be included in the agreement. Marking an end to more than 15 months of deadly conflict, Israel and Hamas reached a ceasefire deal on Wednesday that ...

The breakthrough hostages-for-a-cease-fire deal between Hamas and Israel was struck Wednesday because the terror group understood that the terms of any agreement ...

Hamas is portraying it as a victory. Pro-Iran groups will see it as a victory as well. Qatar and Turkey, which back Hamas, will also see it as a victory.

Israel and Hamas have agreed to a deal that will cease more than a year of fighting in Gaza and Israel, bring dozens of Israeli hostages home and release hundreds of Palestinian security prisoners.

Israel-Hamas ceasefire agreed to "in principle," officials say 02:08 A draft deal for a ceasefire in Gaza and hostage release has been agreed to in principle and, if all goes well, will be ...

The recent oil price rally appears to have been halted, at least temporarily, thanks to hopes of a de-escalation in the Israel-Hamas conflict.