Many customers across the globe will subdue white house has chosen to turn a blind eye, especially over the last year or two years, because it has been trying to smooth relations between iran and the western world, but now if the white house decides to enforce those sanctions, that would mean that the supply from iran would be cut off and this would come at a time when oil supplies have been tightening because saudi arabia and russia, the two largest exporters of oil in the world, also part of opec plus can have collectively been producing Oil Production by 1. 3 Million Barrels by day since july and will continue doing it until the end of year. There is a good chance it may continue into the next year as well for so this happens, there will be a scenario where there will be lesser oil supply, a scenario where there will be lesser oilsupply, more a scenario where there will be lesser oil supply, more demand and that would lead to higher prices. And that would lead to higher rices. . ,.
Begun bombarding gaza, cutting off electricity and water, and building up troops along the border. More than 500 palestinians have been killed in almost two and a half thousand strikes. Our International Editor jeremy bowen, has been following the days of intense violence. Inside gaza it looks every bit as if palestinians are feeling the full force of Israeli Military power. Israel says hamas is responsible for the suffering of gazas civilians. And its retaliation for the hamas attack is only just begun. Hamas has threatened to start killing its israeli hostages. The air strikes rolled on, hour after hour. Palestinian armed groups undeterred, kept up their own barrage of israel. Our bbc team was in ashkelon in southern israel not far from the gaza border when a salvo came in. Ashkelon is so close to guard so that there is no more than a ten second warning. Israel is moving in more fire power. The next stage of the offensive against hamas looks certain to be a Ground Offensive, much big
veteran s memorial. rene is standing by. reporter: good morning. we are here at the u.s. marine corps war memorial. we have been here all morning. it s a stunning memorial to see in person. we have seen parents bringing their children here, and we have seen veterans themselves here, just taking a moment, a moment of silence to remember or remember those who have fallen and who have died for our country, and this memorial is right outside of arlington national cemetery, and we spoke to a couple of people today where they were headed from here and headed over to the cemetery for today s ceremony. we do expect momentarily that the president will arrive there at arlington national cemetery along with the first lady. he laid that wreath, and we were told around 11:00 this morning, and that will be followed by remarks as well. but today is not the only day for the celebrations. we have seen them throughout the weekend. we had the rolling thunder that has been here in the nation s
clear they oppose everything from bank foreclosures and job shortages to corporate influence and greed. now several labor unions are endorsing the occupy wall street movement and plan to join protesters today. we go live to wall street. susan, what s the latest on the unions getting involved? have you seen any union members there? reporter: yes, some of them are showing up here randi at this public park. this park population has been steadily growing as the morning goes on. and they expect upwards of they re saying tens of thousands of people. of course, they have made many predictions in the past about how quickly and how many people will show up at various marches. this one they insist will be different. they have a permit to march from here over to a park near city hall. they plan to gather there and then come right back here to wall street to this public park. and they chose this spot for a reason. they could have gone down to times square and might have attracted mor