4,089.94TA-35 · Oct. 8 close · −0.16%

DailyDrop.

3.063USD/ILS · market close Oct. 8 · representative rate not verified
TA-354,089.94▼0.16%10/8USD/ILS3.06▼0.18%10/8S&P 5007,765.36▼0.47%10/8WTI$91.50▲3.60%10/8Gold$4,157.00▲0.20%10/8
Politics · October 7Press ✓ 5 outlets · claims attributed to Gil, Netanyahu denies

Netanyahu’s former military secretary: “a pattern of criminal conduct” in the Prime Minister’s Office; Eisenkot demands a criminal investigation, Netanyahu denies

Avi Gil, who was the prime minister’s military secretary on October 7, gave his first interview, on Channel 12. The Likud calls his remarks propaganda, and the election is 18 days away.

In his first interview since the massacre, published on Channel 12 on October 8, Avi Gil, Netanyahu’s military secretary from December 2022 to May 2024 according to the Times of Israel, claimed that the head of the Prime Minister’s Office tried to alter an official record of October 7. He described this as part of a “pattern of criminal conduct” in the office and said that Netanyahu’s answers to the State Comptroller were misleading. He said he had kept silent in order to testify before a state commission of inquiry.

Netanyahu denied it. According to reports, he said that Gil knew of the coming attack and did not wake him in time, and he called the remarks an attempt to conceal his failure. The Likud called the interview part of a false, politically driven propaganda campaign. Gil did not confirm that Netanyahu had been warned by Egypt or the Emirates, but said that the visit of Egyptian intelligence had a reason.

Gadi Eisenkot’s Yashar! party appealed to the Attorney General to examine whether Netanyahu lied to the State Comptroller, and called for a criminal investigation. Eisenkot pledged to set up a state commission of inquiry after the election. Avigdor Liberman demanded that an investigation be opened on suspicion of treason and conspiracy. DailyDrop found no decision by the Attorney General, and Gil’s claims so far remain without legal verification.

Open the story and DailyDrop’s take
By the numbers
2022-24Gil’s term as military secretary, according to the Times of Israel
3years of silence, by his account
18days until the Knesset election on October 27
Iran · USPress ✓ 6 outlets · Channel 12’s report on Israel is a single source

Trump: US will not strike Iran before the midterm elections; the blockade stays, and Tehran declares it is ready for a protracted war

President Trump said on October 8 that the US would not attack Iran before the congressional elections on November 3, but that the blockade of Iranian ports would remain in place, CNBC, US News, CBS and The National reported. He presented the decision as the result of productive discussions with Tehran. The remarks came a day after American media reports of preparations for a renewed attack. The commitment does not cover the period after the vote.

Channel 12 reported that senior American officials told Chief of Staff Eyal Zamir that preparations had been requested for a broad strike within three weeks, and that Zamir warned that such a strike could delay the election in Israel. This is a single-source report. Tehran, according to Iran International, declares that it is ready for a protracted war, and according to Iranian state media will not give up uranium enrichment.

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Energy · MarketsPress ✓ 4 outlets · closing figures differ slightly between sources

Oil jumped 3.6% on a record number of attacks on tankers in Hormuz and a hurricane crisis in the Gulf of Mexico

WTI crude contracts closed on October 8 at $91.50 a barrel, up 3.6%, and Brent rose about 4% to about $104, CNBC, CNN and DTN reported. According to Kpler, 10 tankers were hit in the Strait of Hormuz between September 28 and October 4, a weekly record; the previous record was six.

At the same time, about 500,000 barrels a day, about 25% of output in the Gulf of Mexico, were shut down because of a hurricane. The rise eased after Trump’s statement that he would not attack Iran before the election. Fuel prices in Israel are set by a monthly formula, and any effect will appear in the next update.

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Economy · Stock exchangeExchange data verified ✓ 2 sources · representative rate not verified

TA-35 closes at 4,089.94 points, down 0.16%; the exchange is 2.7% below its level at the start of the month

The TA-35 index closed on Thursday at 4,089.94 points, down 0.16%, according to Tel Aviv Stock Exchange data, while ad-hoc-news reported a 0.2% decline to 4,090. Since the start of the month the index has fallen about 2.7%, and since the start of the year it is up about 12.6%, according to the exchange’s data page. Trading continued after the plunge in Nextvision the previous day.

The dollar traded at the close at around 3.063 shekels, according to Investing.com and MTFX. The Bank of Israel’s official representative rate for October 8 was not verified. Today, Friday, the exchange is open, as it trades Monday through Friday.

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Security · Lebanon · GazaSources: IDF, Shin Bet, Times of Israel, Jerusalem Post · reports attributed

IDF soldier killed and three wounded when a vehicle overturned in south Lebanon; in Gaza four weapons depots destroyed, according to the IDF

An IDF soldier was killed and three were wounded when their Humvee overturned in south Lebanon, the Times of Israel and the Jerusalem Post reported on October 8. No further details were published.

The IDF and the Shin Bet said that four Hamas and Islamic Jihad weapons depots were destroyed across the Gaza Strip, and that two Hamas commanders were eliminated. The figures are attributed to the IDF and were not independently verified. DailyDrop found no independent casualty figures in Gaza for that day.

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In brief
  • Likud: the Gil interview is “political propaganda”Times of Israel
  • Liberman demands an investigation on suspicion of treason and conspiracyTimes of Israel
  • Gil: he knows of no warning from Egypt or the Emirates before the massacreTimes of Israel
  • Yashar! appealed to the Attorney General to investigate NetanyahuTimes of Israel
  • Trump: no strike on Iran before November 3, the blockade staysCNBC
  • Kpler: 10 tankers hit in Hormuz in one weekCNBC
  • Gold up 0.20% to $4,157.0Closing data
  • S&P 500 at 7,765.36, down 0.47%Closing data
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Unverified — what we could not confirm

“Netanyahu was warned by Egypt or the Emirates before the massacre.” Gil himself said he does not know of such a warning, according to the Times of Israel. Netanyahu denies it, and there is no independent confirmation.
“The election in Israel will be postponed because of a strike on Iran.” Channel 12 reported that Zamir warned that such a strike could delay the election; there is no official decision, and Trump said he would not strike before November.
“The Attorney General has opened an investigation against Netanyahu.” Yashar! and Liberman appealed to her, but no decision or announcement of an investigation was found.
Glossary · dotted words — economics, law, security and science terms explained in the context of the story. The list grows every day.
INSIDENetanyahu’s former military secretary: “a pattern of criminal conduct” in the Prime Minister’s Office; Eisenkot demands a criminal investigation, Netanyahu deniesPolitics · October 7Trump: US will not strike Iran before the midterm elections; the blockade stays, and Tehran declares it is ready for a protracted warIran · USOil jumped 3.6% on a record number of attacks on tankers in Hormuz and a hurricane crisis in the Gulf of MexicoEnergy · MarketsTA-35 closes at 4,089.94 points, down 0.16%; the exchange is 2.7% below its level at the start of the monthEconomy · Stock exchangeIDF soldier killed and three wounded when a vehicle overturned in south Lebanon; in Gaza four weapons depots destroyed, according to the IDFSecurity · Lebanon · Gaza