Israeli Prime Minister Benjamin Netanyahu has expressed support for U.S. sanctions against International Criminal Court (ICC) officials, enacted in response to the ICC’s investigations into alleged war crimes in Gaza. These investigations include cases against Netanyahu himself. The Israeli leader criticized the ICC, labeling it a ‘kangaroo court’ and accusing it of power abuses. This U.S. decision and Netanyahu’s support mark a significant diplomatic escalation, without an increase in military actions on the ground. Markets are monitoring a decrease in probabilities for U.S. recognition of Palestine before 2027, reflecting growing opposition to such recognition.
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