this logic of economic subjugation (which I'm sure happens in other industries as well) reminds me of how the European powers treated their colonies - places to extract natural resources from and sell their surplus goods to at monopoly prices
Read paragraph 6 of HN welcoming guide: https://news.ycombinator.com/newswelcome.html
If you google for "Palestinian territories", you end up with the wikipedia article which uses the wording "occupied territories." (As it says there) the occupation was declared "null and void" by UN security council; and Israel sovereignty "has not been recognized by any country."
Noting the latter (recognition by no country), it is not just a political view but (also) a reiteration of the current state of affairs, much in the same fashion as saying that "London is the capital of the United Kingdom" (also a kind of political fact.)
(Notably - before, we were arguing over states of affairs and beliefs on those states; there is no reason to dismiss it as some kind of politicized regress into trash, in my opinion.)
Besides 136/193 UN member states recognize the State of Palestine, more than a large majority. So saying "occupying" is not that outrageous, no?