Israel to establish emergency government; Gaza’s only power plant runs out of fuel.

Israeli Prime Minister Benjamin Netanyahu and opposition leader Benny Gantz have decided to create an emergency cabinet in order to strengthen security decision-making in the face of the ongoing battle with Hamas.

The Gaza Strip’s lone operating power plant has now run out of fuel, despite Israel’s continuous “complete siege” of the enclave and its nearly 2 million inhabitants.

The death toll between Israel and the Gaza Strip is climbing as missiles rain down and hostilities continue for a sixth day on Wednesday.

The Israeli military has stated it is massing troops near the Gaza Strip in response to a horrific multi-pronged offensive by the Palestinian militant group Hamas over the weekend.

The United States, whose State Secretary Antony Blinken is scheduled to visit in Israel on Thursday, is in talks with Egypt about establishing a humanitarian passage from the Gaza Strip, amid U.N. worries about civilian casualties. T HE Hamas terrorist onslaught of Saturday also targeted civilian targets, including a music festival.

The Israeli situation could have an impact on the oil markets, according to a top Russian official. Crude prices are often sensitive to political unrest in the Middle East, which produces the majority of the world’s oil.