Israeli strikes kill 18 in Gaza
Analysis based on 43 articles · First reported Aug 01, 2026 · Last updated Aug 06, 2026
The escalation in Gaza raises geopolitical risk in the Middle East, potentially impacting oil prices and defense stocks. Continued conflict may undermine investor confidence in regional stability and delay economic normalization efforts.
Israeli airstrikes hit Gaza for a second straight day on Sunday, killing at least 18 Palestinians, according to Malaysia — Ministry of Health (Malaysia), despite US President Donald Trump's announcement of a breakthrough in efforts to implement last year's ceasefire agreement. Strikes targeted Gaza City, Deir al-Balah, and Khan Younis, causing the biggest daily death toll in weeks. Israeli Energy Minister Eli Cohen said there was no deal to halt attacks and that Israel might take full control of Gaza if Hamas does not disarm. The Israel Defense Forces said strikes targeted Hamas operatives, including commanders of the Nukhba force. Trump's Board of Peace published a 15-point roadmap on Friday, but implementation remains stalled. Hamas accused Israel of undermining peace efforts, while former Palestine — Fatah official Mohammed Dahlan reported that Jared Kushner was working to stop attacks. At least 1,230 Palestinians have been killed since the October ceasefire, according to Gaza health authorities.
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