The war in the Middle East seems to be crossing red line after red line. Following attacks on top Hezbollah commanders in recent weeks, Israel on Saturday confirmed it had killed the Iran-backed group’s top leader Sayyed Hassan Nasrallah in a strike the previous day.

Oil prices remained stable on Monday, poised to experience a third consecutive month of decline as strong supply forecasts and uncertainty surrounding demand overshadow concerns regarding escalating conflicts due to Israeli strikes in Lebanon and Yemen.

Brent crude futures for November delivery climbed $1.12, or 1.56%, to $93.10 per barrel by 0611 GMT. The contract expires Monday, with December futures advancing $1.04, or 1.45%, to $92.58. U.S. West Texas

Nasrallah was a beacon for anti-Israel forces across the Middle East and beyond, and his death is a major blow to Hezbollah. Hezbollah and Israel’s military chief of staff vowed to continue fighting,

But it is not too early to conclude that Mr Nasrallah’s death will reshape Lebanon, and the region, in ways that would have been unthinkable a year ago. Since October 8th, when Hizbullah started firing rockets at northern Israel in solidarity with Gaza,