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My Profile Top News Reuters top ten news stories delivered to your inbox each day. Subscribe You are here: Home > News > International > Article Home Business & Finance News U.S. Politics International Technology Entertainment Sports Lifestyle Oddly Enough Environment Health Science Special Coverage Video Pictures The Great Debate Blogs Weather Reader Feedback Do More With Reuters RSS Widgets Mobile Podcasts Newsletters You Witness News Make Reuters My Homepage Partner Services CareerBuilder Affiliate Network Professional Products Support (Customer Zone) Reuters Media Financial Products About Thomson Reuters Israel mounts third day of Gaza raids, 307 killed Mon Dec 29, 2008 1:40am EST Email | Print | Share | Reprints | Single Page [-] Text [+] By Nidal al-Mughrabi GAZA (Reuters) - Israeli warplanes pounded the Hamas-ruled Gaza Strip for a third consecutive day on Monday and the Jewish state prepared to launch a possible invasion after killing 307 Palestinians in the air raids. Israel, which stepped up the air strikes after dark on Sunday, said it launched the campaign on Saturday in response to almost daily rocket and mortar fire that intensified after the Islamist Hamas group ended a six-month ceasefire a week ago. Mark Regev, a spokesman for Israeli Prime Minister Ehud Olmert, said the military action would go on until the population in southern Israel "no longer live in terror and in fear of constant rocket barrages." "(The operation could) take many days," said military spokesman Avi Benayahu. Israeli tanks were deployed on Gaza's edge, poised to enter the densely populated coastal enclave of 1.5 million Palestinians. Olmert's cabinet approved a call-up of 6,500 reservists, a government official said. Hamas remained defiant and the group's spokesman Fawzi Barhoum urged Palestinian groups to use "all available means, including martyrdom operations" -- a reference to suicide bombings in Israel. World oil prices rose up to 5.6 percent to nearly $40 a barrel on Monday as analysts said the conflict between Israel and Hamas had reminded traders of the geopolitical risk to crude supplies from the Middle East. The U.N. Security Council called for a halt to the violence, but U.S. President George W. Bush's administration, in its final weeks in office, has put the onus on Hamas to renew the truce. The Israeli offensive enraged Arabs across the Middle East, where protesters burned Israeli and U.S. flags to press for a stronger response from their leaders to the attack on Gaza. Israel, whose politicians have been under pressure to act over the rocket and mortar attacks ahead of a February 10 election, was feeling little international pressure to halt its offensive, said an Israeli official, who declined to be named. ISRAELI STANCE ON GAZA Foreign Minister Tzipi Livni, who hopes to become prime minister after the February election, appeared to rule out a large-scale invasion to restore Israeli control of the blockaded territory, once dotted with Jewish settlements. "Our goal is not to reoccupy Gaza Strip," she said on NBC's "Meet the Press" program. Asked on Fox News if Israel was out to topple Gaza's Hamas rulers, Livni said: "Not now." Broadening their targets to include the Hamas government, Israeli warplanes bombed the Interior Ministry on Monday, Palestinian sources said. No immediate word was available on whether there were any casualties. Palestinian medical workers said among those killed on Sunday were five young sisters in northern Gaza and three young children in a house near the abandoned home of a senior Hamas militant in Rafah. Hamas said 180 of its members had been killed and that the rest of the more than 300 dead included civilians, among them 16 women and some children. Continued... View article on single page Share: Del.icio.us Digg Mixx My Web Facebook LinkedIn Next Article: North Korea's Kim appears at large public event Also on Reuters Honey bees get a real buzz from cocaine Chargers join Dolphins in grabbing division titles Video Video: Australian kayakers survive shark encounter More International News North Korea's Kim appears at large public event Strong turnout for Bangladesh election Protests delay Thai PM's maiden policy speech Suicide bomb kills at least 2 north of Kabul Ghanaians vote to choose president in close run-off | Video More International News... Video Israel defends actions Play Video Palestinians protest Gaza offensive Palestinian protests Israel renews air strikes on Gaza Israeli air strikes on Gaza Israel acts on threats, pounds Gaza More Video... 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