Oil prices ease as investors assess impact of Israel-Hamas war

TOKYO - Oil prices eased in early Asia trade on Monday, reversing last Friday's rally as investors waited to see if the Israel-Hamas conflict draws in other countries, which could drive up prices further and deal a fresh blow to the global economy.

Brent also recorded a weekly gain of 7.5%, its biggest such increase since February. WTI climbed 5.9% for the week. Israel's Prime Minister Benjamin Netanyahu vowed on Sunday to "demolish Hamas" as his troops prepared to move into the Gaza Strip in pursuit of Hamas militants whose deadly rampage through Israeli border towns shocked the world.

Hamas is laying a trap for Israel in Gaza, Alex Younger, former head of UK's MI6 foreign intelligence service, told the BBC. A 15-year-old aspiring journalist who had made Ron DeSantis squirm with his questioning was thrown out of a GOP event by police

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