Israel Latest: Biden to Visit as Oil Climbs After Hospital Blast

WATCH: Gaza officials say hundreds of Palestinians were killed in a hospital explosion that they blame on an Israeli air strike, an accusation Israel has denied. Anna Edgerton reports.Source: Bloomberg

Provide news feedback or report an error

Confidential tip?

Send a tip to our reporters

Site feedback:

Take our Survey

By Bloomberg News

October 17, 2023 at 4:57 AM UTC

Updated on

October 18, 2023 at 3:02 AM UTC

This article is for subscribers only.

President Joe Biden travels to Israel with tensions high after an explosion at a Gaza hospital killed hundreds of people. Oil rallied following the blast and Arab leaders canceled a planned summit with Biden on Wednesday, complicating his push to contain a conflict that threatens to engulf the region.

Biden said he was “outraged and deeply saddened” by the explosion and added that he had asked “my national security team to continue gathering information about what exactly happened.” Hamas and Israel’s army traded accusations over who was to blame.