At least 16 Palestinians have died in Israeli attacks or were recovered from rubble in Gaza over the past 48 hours, according to health officials. Gaza’s Ministry of Health reported that seven individuals were killed in recent Israeli operations, while nine others were found under collapsed buildings. The ministry stated that 16 additional people were injured during this period, with more victims still trapped beneath debris as rescue teams struggle to reach them.
Key Details
These casualties occur despite a U.S.-brokered ceasefire agreement between Israel and Hamas that began in October 2023. Although large-scale hostilities have largely ceased, Israeli forces have continued operations in the region. The ministry noted that since the ceasefire was enacted, Israeli actions have resulted in 1,066 deaths and 3,445 injuries among Palestinians. The overall death toll from the conflict since October 2023 has reached 73,090, with 173,550 others reported injured.
Background
The Israeli military has also expanded its control within Gaza, with Prime Minister Benjamin Netanyahu indicating in late May that military operations would continue to increase territorial control. Under the ceasefire terms, both parties were expected to progress to a second phase once Hamas released remaining captives, but tensions remain high.
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The ongoing violence in Gaza is likely to affect regional stability and could influence oil prices, particularly if tensions escalate further. Investors will watch for any developments regarding the ceasefire and potential diplomatic interventions in the coming weeks.