Israel Latest: Israel Warns Hezbollah and Steps Up Gaza Strikes

Israel’s military warned Iran-backed Hezbollah risked dragging neighboring Lebanon into war, as the Lebanese militia kept firing rockets across the border. Israel stepped up airstrikes on Gaza in preparation for what it called the “next stage” of its operations, likely a ground invasion.

EU Mulls Gas Price Cap Extension to Avert Winter Crisis, FT Says

Europe is considering whether to extend an emergency gas price cap introduced earlier this year because of fears that the conflict in the Middle East and a pipeline sabotage might elevate prices this winter, the Financial Times reported, citing a presentation to diplomats that it had seen.