HEADLINES
Hezbollah Rockets and Drones Hit North Israel
Hormuz Blockade Threatens Asia's Oil Supply
US Sanctions Seven Seas Over Hezbollah Financing

The time is now 1:02 PM in New York, I'm Noa Levi and this is the latest Israel Today: Ongoing War Report.

In Direct Israel-Iran Clashes, authorities urged residents back to bomb shelters as tensions flare, with a separate report noting rocket launches identified from Iran toward the northern region.

In Regional Impacts, a New York Times report warned that the Asian energy market would bear the brunt of a possible total closure of the Strait of Hormuz, with about 80% of Gulf oil exports in 2024 going to Asia. Pakistan, Japan, and China are the main importers, with Pakistan especially exposed to Gulf energy flows. The report also suggests measures such as a four-day workweek in Pakistan to conserve stockpiles, while India has cooking gas shortages, Thailand’s fuel-subsidy program has run into a deficit, and widespread delays at airports across Asia have been tied to jet-fuel shortages; Taiwan is listed as among the affected economies.

In the Conflict with Iran and its Regional Proxies, sirens sounded in northern Israel as Hezbollah launched a combined rocket and UAV attack, firing about 30 rockets toward the area. A woman in her 30s was killed by a rocket impact at the Mahanayim Junction, and two others were lightly hurt by shrapnel. The incident is part of an escalation linked to Iranian proxies, with the IDF expanding raids in Lebanon and targeting infrastructure as tensions rise.

In US Policy Concerning Israel, the US Treasury sanctioned Vancouver-based Seven Seas for International Trading and Logistics, along with related figures tied to Hezbollah financing. The designation covers Alaa Hassan Hamieh and associates, including Raoof Fadel, and freezes Seven Seas assets in the United States while barring US persons from doing business with the company.

In Israeli Economy and Business, traders placed about $500 million in bets on crude oil futures just before President Trump posted a delay to attacks on Iran’s energy infrastructure, sparking a sharp sell-off. Brent crude fell as much as 15% in minutes, as market participants priced in a potential de-escalation and the possibility of unblocking millions of barrels of oil in the Gulf; the exact traders behind the surge could not be identified.

In Uplifting News, Israel’s Bedouin community opened their homes to victims of the Dimona and Arad strike, offering shelter, meals, and messages of solidarity to more than 100 people wounded. Community members emphasized a sense of unity and cooperation across sectors of Israeli society in the face of the crisis.

Thank you for tuning in to this Israel Today: Ongoing War Report update.
I'm Noa Levi. Stay safe and informed.
Keep in mind that this AI-generated report may contain occasional inaccuracies, so consult multiple sources for a comprehensive view. Find the code and more details in the podcast description.

SOURCES
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https://t.me/StandWithUsBreakingNews/7845
https://t.me/abualiexpress/118583
https://www.ynetnews.com/article/b1izt4eszl
https://t.me/newssil/196315
https://www.jpost.com/international/article-891069
https://www.jpost.com/israel-news/article-891054
https://t.me/newssil/196316
https://www.jpost.com/american-politics/article-891068
https://www.jpost.com/israel-news/article-891064

Israel Today: Ongoing War Report - Update from 2026-03-24 at 13:02