The ongoing Middle East conflict involving Israel and Gaza-based militant group Hamas has so far not significantly impacted the region’s oil and gas flows, exactly one month after Hamas launched deadly attacks on Israel. However, the risk of the war quickly spilling over and developing into a regional conflict remains high with Lebanon’s Hezbollah repeatedly warning Israel against escalating even as Israel claims to have cut the Gaza Strip into two and surrounded Gaza City. Experts are now warning that there could be…
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