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Italian energy company ENI has announced a significant natural gas discovery in Egypt's Eastern Mediterranean, potentially easing the nation's energy supply challenges. Preliminary estimates indicate the Temsah field holds about 2 trillion cubic feet of gas, a find that comes as Egypt faces import pressures linked to regional conflicts.
The Houthi movement of Yemen has initiated an assault with ballistic missiles directed at Israel, countering the ongoing US-Israeli hostilities against Iran. This attack represents a significant escalation in the regional conflict.
Yemen's Houthi rebels have conducted their inaugural missile strike against Israel, a move that escalates regional tensions. The group stated it targeted Israeli military sites, following a previous missile interception from Yemen.
Israel has reported the death of an Iranian naval commander responsible for the blockade of the Strait of Hormuz, a crucial global shipping lane, amid escalating tensions in the region. This development comes as fighting continues across the Middle East and economic concerns rise globally.
