US military aid to Israel continues three years into Gaza genocide

Billy Odell Tucker-Robinson Founder & Host — Banking With Billy Network • Financial Intelligence • Markets • World News • Independent Analysis
Published: 2026-10-07 • Permanent link

Dramatic scenes unfolded at the United Nations General Assembly as US Secretary of State Antony Blinken addressed the ongoing crisis in Gaza, where Israeli forces have been waging a military campaign for three years, resulting in the deaths of over 5,000 Palestinians and widespread destruction. The UN Security Council has been unable to reach a consensus on a resolution, with many countries criticizing the US for its continued support of Israel. Market analysts are bracing for a potential escalation in tensions, which could lead to a sharp decline in global markets.

As the situation in Gaza continues to deteriorate, investors are growing increasingly concerned about the potential impact on the global economy. The conflict has already disrupted supply chains and led to a surge in food prices, with many experts warning that a prolonged conflict could have far-reaching consequences for the world's most vulnerable populations. The US, as a major economic power, is under pressure to take a more decisive stance on the issue, which could have significant implications for its relationships with key allies and trading partners.

Since the 1970s, the US has provided significant military aid to Israel, with annual transfers totaling over $3.8 billion. However, the current conflict has raised questions about the wisdom of this policy, with many arguing that it perpetuates a cycle of violence and undermines efforts to achieve a lasting peace. Experts point to the 2005 Israeli disengagement from Gaza as a prime example of the devastating consequences of this approach, which has led to a decade of conflict and human suffering.

In the coming weeks, the situation in Gaza is likely to remain volatile, with the US and other international actors struggling to find a way to bring an end to the violence. The Biden administration has already taken steps to address the humanitarian crisis, including a $220 million aid package to the UN Relief and Works Agency for Palestine Refugees in the Near East. However, more needs to be done to address the underlying causes of the conflict and to find a lasting solution to the Israeli-Palestinian impasse.