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Middle Eastern Regional War | March 27/April 4th | Reports

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Oil prices extended gains on Monday after Yemen's ‌Iran-aligned Houthis launched over the weekend their first attacks on Israel since the ⁠start of the U.S.-Israel war with Iran, widening the conflict in the Middle East. Brent crude futures jumped $3.16, or 2.81%, to $115.73 ‌a ⁠barrel by 2205 GMT after settling 4.2% higher on Friday.

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https://twitter.com/x/status/2038383235453857824
 
❌Based on independent analysis of satellite imagery and knowledge of the installation, the IAEA has confirmed the heavy water production plant at Khondab, which Iran reported had been attacked on 27 March, has sustained severe damaged and is no longer operational. The installation contains no declared nuclear material.
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https://twitter.com/x/status/2038339917424832954
 
NuclearID said:
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The Israeli Knesset approves a significant increase in the defense budget.

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https://twitter.com/x/status/2038387781743804688
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UPDATE: Israeli parliament approves 2026 state budget, spokesperson says.

REUTERS, DETAILS:
Israel's parliament approved the 2026 state budget, a Knesset spokesperson said in a statement early on ‌Monday, allowing Prime Minister Benjamin Netanyahu's government to head off early elections as his country's joint war with the U.S. on Iran continues.

The approval of the defence-heavy 699-billion shekel budget comes a month into ⁠the war, with Israel also fighting against Hezbollah in Lebanon and its cost to the economy standing at about $1.6 billion a week.

Failure to approve the budget would have likely triggered a snap election within 90 days, which opinion polls so far have predicted Netanyahu would lose.

The election is due in late October though a date ‌has ⁠yet to be set. Netanyahu has said it could be held in September.

The budget's last-minute passage removes a key overhang for Israel's financial markets and economy, which has been operating ⁠since the start of the year on a pro-rated 2025 budget. By adding another 32 billion shekels for defence, the budget deficit target ⁠was raised to some 5% of gross domestic product.
This has raised the prospects of inflationary effects that will ⁠also continue to prevent a return to responsible fiscal policies while preventing further interest rate reductions.
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https://twitter.com/x/status/2038391464577655094
 
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