Alastair Newton, Senior Political Analyst, Nomura says that the polls are close ahead of Israel's elections next month and that there's a risk that Tel Aviv could cut off tax revenue from Palestine.
Read ahead to see the most expensive U.S. military programs currently under way.
In December, the U.S. military will have only one aircraft carrier in the Persian Gulf for the first time in two years. The Iranian navy said it was kicking off a military exercise in the region at that time. If talks scheduled between Tehran and the IAEA turn sour, there's potential for Iran to exploit the security vacuum for geopolitical gain.
Are Afghans perfectly capable of defending themselves like the President says they are? Bing West, Former Assistant Secretary of Defense, weighs in. "President Obama has an uphill climb ahead of him if he going to get back to a position of power in the Israel-Arab dynamic," he says.
Amrita Sen, chief oil analyst at Energy Aspects Ltd., tells CNBC that although there has been no physical disruption in the oil market during the Gaza conflict, there is fear that regional tensions between countries like Israel and Iran could lead to trouble.
A four-day gain in the S&P 500 greeted investors ahead of Thanksgiving, but the rally might not have much room to run, the CNBC “Fast Money” pros said Wednesday.
Rich Ilczyszyn, a "Futures Now" trader and founder of iiTrader, explains why he's selling oil now.
Secretary of State Clinton is making the rounds today in Jerusalem, Ramallah and Cairo, pursuing a ceasefire in the Israeli-Palestinian conflict, with NBC's Stephanie Gosk.
Jane Kinninmont, senior research fellow at Chatham House tells CNBC that the current conflict in Gaza is exposing the inadequacy of the existing UN system with regional players coming to the forefront instead.
Harry Tchilinguirian, head of commodity markets strategy at BNP Paribas, tells CNBC that neither oil production areas nor transit points have been affected by the escalating conflict in Gaza.
Lars Steffensen, executive managing director at Ebullio Capital talks to CNBC about whether the conflict between Israel and Hamas in Gaza will have a wider impact on the oil price.
CNBC's Sharon Epperson discusses the day's activity in the commodities markets and looks ahead to where oil and precious metals are likely headed next week.
CNBC's Sharon Epperson reports there was no oil spillage in the Gulf of Mexico from the rig explosion, but traders are keeping an eye on reports Iran is doubling its uranium production.
CNBC's Sharon Epperson reports on an explosion on an oil rig in the Gulf of Mexico, and news Iran is doubling its production of the material used for nuclear weapons.
CNBC's Simon Hobbs reports on two breaking stories right now impacting oil. First, there has been an explosion on an oil rig operated by Black Elk Energy in the Gulf of Mexico. Second, there are new reports from the UN Nuclear Agency says Iran is about to double its output of higher enriched uranium.
"The bad word we don't want to hear is Iran," said Ira Epstein, The Linn Group managing director, weighing in on escalating tension in the Gaza Strip and its impact on oil prices.
Oil prices have risen over the last 24 hours following Israel’s offensive against Palestinian militants in the Gaza Strip, while Israeli stocks and the shekel have weakened, but one analyst told CNBC that markets shouldn’t worry unless Iran becomes involved.
Is Israel going to wipe out Hamas? Helima Croft, Barclays Capital senior geopolitical strategist and Former CIA senior economic analyst, offers insight. "The big question is will this remain confined to Gaza, or does it spread to the broader Middle East," she says.
Iran launched large-scale air defense drills in the country's eastern half on Monday, Iranian media reported, amid heightened tensions between Tehran and Washington over a military incident in the Gulf reported last week.