Weekly market updates

Energy Market
News:
Hamas warns Gaza ceasefire at risk after Israeli killing. Hamas said Israel’s killing of senior commander Raed Saed threatens the viability of the Gaza ceasefire, calling on the United States to pressure Israel to adhere to the truce agreed in October. The assassination, the highest profile since the ceasefire began, prompted large funeral rallies in Gaza and renewed accusations of ceasefire violations. While Israeli forces continue to control eastern Gaza and Hamas retains authority in the west, talks on the next phase remain deadlocked over disarmament, governance and the deployment of an international stabilisation force. Renewed instability risks reigniting broader regional tensions, keeping geopolitical risk elevated for energy markets, particularly given the Middle East’s role in global oil and LNG supply and the sensitivity of prices to any escalation that could disrupt flows or shipping routes.
