Biden’s Agenda For Palestinians: Economic Support, Halting Settlement, Peace

 President Biden’s visit to Israel and the West Bank carries “messages of peace”. (EPA)
President Biden’s visit to Israel and the West Bank carries “messages of peace”. (EPA)
TT

Biden’s Agenda For Palestinians: Economic Support, Halting Settlement, Peace

 President Biden’s visit to Israel and the West Bank carries “messages of peace”. (EPA)
President Biden’s visit to Israel and the West Bank carries “messages of peace”. (EPA)

With the approach of US President Joe Biden’s visit to the Middle East, many questions arise about the issues that the American visitor would carry, and the expected outputs of his tour, in light of the escalating tension and instability in the “troubled region.”

In this context, according to information obtained by Asharq Al-Awsat from the White House, Biden is expected to discuss in Israel and the West Bank several key matters related to security and stability, increased economic support to the Palestinians, and finally, the consolidation of the diplomatic relations and the revival of the peace process.

The information indicates that discussions with Israeli leaders will touch on the security prosperity of Israel and means to boost integration in the wider region, while talks with Palestinian officials will focus on confirming strong US support for the two-state solution, with equal measures of freedom, security and opportunities for the Palestinian people.

US officials are concerned about the mounting violence, which has so far claimed the lives of more than 70 Palestinians, including Palestinian-American journalist Shireen Abu Aqleh, whose killing sparked widespread controversy. The US press releases also reported the concern of Biden and the entire national security team on this issue, which will also be on the agenda.

To correct the US-Palestinian relations, the White House has reportedly adopted three main steps over the course of nearly 18 months of diplomatic contact. The first is restoring diplomatic ties at the highest levels, and allowing the Palestinian diplomatic mission to return to Washington. Second, refinancing grants and humanitarian aid to the Palestinian people, through the US Agency for International Development (USAID) and UNRWA in Gaza and the West Bank, and finally, demanding Israel to stop settlement operations, and supporting the return of dialogue and the peace process between Israelis and Palestinians.

Washington has allocated half a billion dollars to the Palestinians within the first year of the current administration’s tenure. The president will make some additional funding announcements during his visit.

While the Biden administration supports steps of normalization between some Arab countries and Israel, it has a firm conviction that normalization between Israel and its neighbors in the Middle East “is not a substitute for Israeli-Palestinian peace.” The current administration is firmly committed to the two-state solution.

Moreover, the information obtained by Asharq Al-Awsat confirms that US officials have made several contacts with their Israeli counterparts, to oppose the demolition of buildings in the settlements and the evacuation of Palestinians. This issue will also be raised during Biden’s upcoming visit, with an emphasis on the need for Israelis and Palestinians to have “equal opportunities for freedom, security, prosperity and dignity.”

The information adds that the Biden administration has announced its opposition to unilateral measures that exacerbate tensions, and include incitement to violence through demolitions, the expulsion of Palestinian families from their homes in East Jerusalem, where they have lived for generations, and the destruction of property. It also demands that the Israeli side provide compensation to individuals, who were imprisoned on false charges of terrorist acts.

The United States has provided more than half a billion dollars to the Palestinians, including more than $417 million in humanitarian aid to Palestinian refugees through UNRWA and $75 million in economic support, as well as $41 million for the security sector, including $1 million for demining activities, and more than $20 million in food and humanitarian aid related to COVID-19.



Hailstorm Kills Emu at Missouri zoo, Damages Hundreds of Vehicles

This undated photo provided by Dickerson Park Zoo on Wednesday, April 29, 2026, shows an emu named Adam at the zoo in Springfield, Mo. (Samantha Marshall/Dickerson Park Zoo via AP)
This undated photo provided by Dickerson Park Zoo on Wednesday, April 29, 2026, shows an emu named Adam at the zoo in Springfield, Mo. (Samantha Marshall/Dickerson Park Zoo via AP)
TT

Hailstorm Kills Emu at Missouri zoo, Damages Hundreds of Vehicles

This undated photo provided by Dickerson Park Zoo on Wednesday, April 29, 2026, shows an emu named Adam at the zoo in Springfield, Mo. (Samantha Marshall/Dickerson Park Zoo via AP)
This undated photo provided by Dickerson Park Zoo on Wednesday, April 29, 2026, shows an emu named Adam at the zoo in Springfield, Mo. (Samantha Marshall/Dickerson Park Zoo via AP)

Glass shards flew everywhere as Eric Gockel waited out one of the worst hailstorms to hit the US State of Missouri.

One of the softball-size hunks of ice that hit the Springfield area on Tuesday measured 4.75 inches (12 centimeters). The hail killed an emu at the zoo, injured some drivers, knocked out power to thousands and damaged hundreds of vehicles and even some aircraft.

“I feel blessed that I came out unscathed,” Gockel, whose windshield was battered as he waited in his car along the side of a highway for the storm to pass, said Wednesday.

Severe spring weather is plaguing the South and Midwest, and emergency management officials said the hailstorm was Springfield's worst in history, although it falls short of a state record.

Mark Burchfield, a meteorologist with the National Weather Service in Springfield, said that distinction goes to the 6-inch (15.2-centimeter) hail recorded in 2004 near the town of Maryville.

“It's very rare,” he said of the Springfield storm. “This was a supercell thunderstorm that was able to really have a lot of wind shear with it and a lot of energy that allowed the hailstone to stay up aloft for a lot longer.”

At the Dickerson Park Zoo in Springfield, staff tried to move animals inside, including Adam, a 21-year-old female emu. But an emu’s natural behavior is to lie down and take cover, spokesperson Joey Powell said in an email to The Associated Press.

Adam died from head trauma. And Oscar, a 17-year-old type of flightless bird called a rhea, was injured by the hail but was receiving pain medication and doing well Wednesday morning, as the zoo remained closed.

This photo provided by Dickerson Park Zoo shows hail damage sustained by the zoo Tuesday, April 28, 2026, in Springfield, Mo. (Dickerson Park Zoo via AP)

Some of the worst damage was recorded at the Springfield-Branson National Airport, about 5 miles (8 kilometers) northwest of the city center.

Dozens of flights were delayed or canceled, and hundreds of vehicles had windshields or sunroofs busted out, said Ren Luebbering, the airport public information officer.

Some passengers had to be bused around 100 miles (160 kilometers) away to the airport in Bentonville, Arkansas, because rental cars were damaged.

Luebbering said airport staff spent three hours covering the most badly damaged vehicles with donated tarps.

“We think we put 300 or 400 tarps out there on cars,” Luebbering said. The airport warned online: “Expect damage to your vehicle.”

Nicolette Zangara, a spokesperson for the Springfield-Greene County Office of Emergency Management, said she had a bad feeling early on.

“You could just tell from what we were seeing on radar that the hail was growing in size,” Zangara said. “And then we started getting pictures from some of our neighboring counties, some of the hail that they were getting. And from that moment we knew it was going to be a bad storm.”

She said a few people called 911 to report being injured when the hail smashed their windshield, but she didn’t have exact numbers. She said the worst of the damage appears to be to vehicles. She said her car is so dented that it resembles the surface of a golf ball.

“It just seems like the last week of April is kind of cursed for our area,” she said, noting the area was hit hard a year ago by spring storms.

Ever since the hail hit, Gockel has been submitting insurance claims. The gutters on his house were “blown to smithereens” and a crew is headed out to evaluate how his roof held up.

He runs a pizza business and a food truck was damaged, along with work trucks and his teen daughter's first car, which he bought her around a month ago.

Gockel is used to storm warnings. Normally, he responds to them by standing on the front porch and watching, rather than taking cover.

“Rarely does anything crazy come to fruition,” he said. “This is the first time that I really feel like the actual event lived up to the warning."


SABIC Swings to Q1 Profit

A SABIC manufacturing site in Jubail (SABIC)
A SABIC manufacturing site in Jubail (SABIC)
TT

SABIC Swings to Q1 Profit

A SABIC manufacturing site in Jubail (SABIC)
A SABIC manufacturing site in Jubail (SABIC)

Saudi Basic Industries Corporation (SABIC), a global leader in chemicals, said on Wednesday it returned to profit in the first quarter of 2026, posting net earnings of SAR13.2 million ($3.52 million) compared to a SAR1.21 billion ($322 million) loss a year earlier.

This increase is mainly attributed to a SAR1.05 billion decline in non-recurring restructuring costs, and a SAR384 million reduction in general, administrative, research and development expenses, the company said in a filing to the Saudi bourse, Tadawul, on Wednesday.

Although revenue declined 11% year-on-year to SAR26.15 billion ($6.97 billion) due to lower sales volumes, the company said it increased its operating profit by 338% to reach SAR1.45 billion ($386.6 million), mainly due to a SAR1.05 billion ($280 million) decline in operating expenses.

“In Q1 2026, we continued to make meaningful progress according to our strategic agenda of portfolio optimization, corporate transformation, and selective growth,” said SABIC CEO and executive board member Dr. Faisal Alfaqeer.

“We are following through on the two agreements announced at the start of the quarter to divest our European Petrochemicals business and our Engineering Thermoplastics business in the Americas and Europe,” he noted.

“These decisive actions are aligned with our strategy to enhance capital allocation, strengthen SABIC’s financial resilience, and position the company for growth in profitable markets,” Alfaqeer added.

At the same time, he said SABIC’s transformation journey continues to deliver performance improvements that unlock greater value for our shareholders.

“We realized $220 million at the EBITDA level on a recurring basis during the first quarter of 2026, in line with our planned improvement rate. This keeps us on track toward our cumulative 2030 annual target of $3 billion, consisting of $1.40 billion in cost excellence and $1.60 billion in value creation.”

In terms of selective growth, Alfaqeer also said the company is advancing a number of capital projects in a disciplined way. The execution of the SABIC Fujian project continues as planned, now reaching approximately 98% completion.

He noted that the Ministry of Energy’s announced feedstock-allocation approval “enables the potential expansion of our annual urea production capacity from approximately 4.8 million tons to 7.4 million tons—a 54% increase.”

SABIC has forecast a capital investment of $3.5 to $4 billion in 2026.

Alfaqeer said the company signed a strategic agreement with the Public Investment Fund–Pirelli joint venture, enabling the joint venture to manufacture 3.5 million tires annually in the Kingdom.

“This agreement supports the localization agenda of our NUSANED program, while contributing to long-term economic growth and industrial development in Saudi Arabia,” he affirmed.


Trump Warns Iran Blockade Could Last Months, Sending Oil Prices Soaring

President Donald Trump speaks to reporters as he meets with NASA's Artemis II astronauts Victor Glover, Christina Koch, Reid Wiseman and Jeremy Hansen in the Oval Office of the White House, Wednesday, April 29, 2026, in Washington. (AP Photo/Matt Rourke)
President Donald Trump speaks to reporters as he meets with NASA's Artemis II astronauts Victor Glover, Christina Koch, Reid Wiseman and Jeremy Hansen in the Oval Office of the White House, Wednesday, April 29, 2026, in Washington. (AP Photo/Matt Rourke)
TT

Trump Warns Iran Blockade Could Last Months, Sending Oil Prices Soaring

President Donald Trump speaks to reporters as he meets with NASA's Artemis II astronauts Victor Glover, Christina Koch, Reid Wiseman and Jeremy Hansen in the Oval Office of the White House, Wednesday, April 29, 2026, in Washington. (AP Photo/Matt Rourke)
President Donald Trump speaks to reporters as he meets with NASA's Artemis II astronauts Victor Glover, Christina Koch, Reid Wiseman and Jeremy Hansen in the Oval Office of the White House, Wednesday, April 29, 2026, in Washington. (AP Photo/Matt Rourke)

President Donald Trump said a US naval blockade against Iran could last months, leading oil prices to spike to their highest level in more than four years, which held into Thursday.

Trump is expected to receive a briefing on Thursday on new plans for potential military action in Iran from Admiral Brad Cooper, the head of US Central Command, two sources with knowledge told Axios.

With diplomacy between Iran and the United States at a standstill after false starts, Trump spoke by phone Wednesday with Russian President Vladimir Putin, who warned him of "damaging consequences" if the United States and Israel resume their war on Iran.

Meeting oil executives, Trump contended that the blockade of Iranian ports -- which Tehran has demanded must end before any deal -- was more effective than bombing.

US Central Command (CENTCOM) said Wednesday on X that it had reached a "significant milestone after successfully redirecting the 42nd commercial vessel attempting to violate the blockade".

It said there are "41 tankers with 69 million barrels of oil that the Iranian regime can't sell", estimating the value at more than $6 billion.

Trump has faced intense political pressure to end the war, which is unpopular even with much of his base, having increased costs for American consumers and unnerved US allies.

Trump, speaking to Axios, said of the naval action on Iran: "They are choking like a stuffed pig. And it is going to be worse for them."

Oil prices soared to four-year highs, with US benchmark Brent spiking more than seven percent to $126.41 for June delivery, while West Texas Intermediate was up around three percent to $110.31. Both later pared the gains, AFP reported.

Top US officials including Vice President JD Vance twice turned back last week from trips to Pakistan to negotiate with Iran, which has voiced doubts about Trump's sincerity for diplomacy.

US officials contend they do not know who is speaking for Iran, whether it is the hardline and increasingly empowered Revolutionary Guards or diplomats, after Israeli strikes killed a series of top leaders.

Iran has proposed easing its chokehold over the Strait of Hormuz as Washington lifts its blockade and broader negotiations take place. The Trump administration has been skeptical of the proposal.

Iran's parliament speaker Mohammad Bagher Ghalibaf, who has emerged as a key figure since the start of the war, said Wednesday the US naval blockade of the country aimed to create division and "make us collapse from within".