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Israeli airstrikes killed at least eight people in Gaza over the past 24 hours, local health officials reported, as Hamas agreed to a disarmament deal aimed at ending the protracted conflict. The strikes hit residential areas in the northern and central parts of the strip, compounding an already dire humanitarian situation. The ceasefire, which was supposed to take effect weeks ago, remains unimplemented, raising the risk of a broader regional crisis and rattling global markets.
The Disarmament Agreement
Hamas has accepted a proposal to hand over its remaining rocket arsenals and heavy weapons to a neutral international body, according to sources familiar with the negotiations. The deal, brokered by Egypt and Qatar, would see the militant group transition to a purely political role in exchange for a lifting of the blockade and a reconstruction package. But the agreement is fragile. Israeli officials have not publicly endorsed it, and the latest strikes suggest that military operations will continue until security guarantees are met.
Humanitarian Toll
The eight deaths bring the total number of Palestinians killed in the past month to more than 1,200, according to the Gaza Health Ministry. Hospitals are running low on fuel, clean water, and medical supplies. The United Nations has warned that the enclave is on the brink of famine. Aid convoys have been delayed at border crossings, and the UN Relief and Works Agency says it can no longer sustain food distribution without a permanent ceasefire.
Regional and Market Risks
The failure to secure a lasting truce has spooked investors. Oil prices ticked up 2% on Monday as traders priced in the possibility of a wider war involving Iran-backed groups. The Israeli shekel weakened against the dollar, and the Tel Aviv Stock Exchange saw a sell-off in defense and technology shares. Neighboring countries, including Jordan and Egypt, have expressed concern that the violence could spill over their borders, destabilizing an already volatile region.
Diplomatic efforts are now focused on getting both sides to agree to a 72-hour humanitarian pause. The UN Security Council is scheduled to meet later this week to discuss a resolution that would demand an immediate cessation of hostilities. Whether Hamas's disarmament pledge will be enough to halt Israeli operations remains the open question.
Israeli airstrikes killed at least eight people in Gaza over the past 24 hours, local health officials reported, as Hamas agreed to a disarmament deal aimed at ending the protracted conflict. The strikes hit residential areas in the northern and central parts of the strip, compounding an already dire humanitarian situation. The ceasefire, which was supposed to take effect weeks ago, remains unimplemented, raising the risk of a broader regional crisis and rattling global markets.
The Disarmament Agreement
Hamas has accepted a proposal to hand over its remaining rocket arsenals and heavy weapons to a neutral international body, according to sources familiar with the negotiations. The deal, brokered by Egypt and Qatar, would see the militant group transition to a purely political role in exchange for a lifting of the blockade and a reconstruction package. But the agreement is fragile. Israeli officials have not publicly endorsed it, and the latest strikes suggest that military operations will continue until security guarantees are met.
Humanitarian Toll
The eight deaths bring the total number of Palestinians killed in the past month to more than 1,200, according to the Gaza Health Ministry. Hospitals are running low on fuel, clean water, and medical supplies. The United Nations has warned that the enclave is on the brink of famine. Aid convoys have been delayed at border crossings, and the UN Relief and Works Agency says it can no longer sustain food distribution without a permanent ceasefire.
Regional and Market Risks
The failure to secure a lasting truce has spooked investors. Oil prices ticked up 2% on Monday as traders priced in the possibility of a wider war involving Iran-backed groups. The Israeli shekel weakened against the dollar, and the Tel Aviv Stock Exchange saw a sell-off in defense and technology shares. Neighboring countries, including Jordan and Egypt, have expressed concern that the violence could spill over their borders, destabilizing an already volatile region.
Diplomatic efforts are now focused on getting both sides to agree to a 72-hour humanitarian pause. The UN Security Council is scheduled to meet later this week to discuss a resolution that would demand an immediate cessation of hostilities. Whether Hamas's disarmament pledge will be enough to halt Israeli operations remains the open question.
