Jillian star quarterback, Patrick M Aholmes and tom brady going head to head, Fox And Friends First starts right now. But i love it todd a couple times. One, we are about to go into the weekend. Seconds. He is going to be the performer at Super Bowl Lv. Jillian ive not paid any attention to the Halftime Show in a while. I am wearing the colors. Todd cant put anything past me at 4 0 one. You are watching Fox And Friends First Kicking Off Super Bowl weekend. I will do that all morning. Jillian overnight votearama, and hours long session on a critical measure that could pave the way for President Bidens relief package. Todd Griff Jenkins live in washington with the breakdown of the marathon voting process. Reporter happy friday. Lets bring the live shot of the senate floor. What you are watching here is a time honored tradition of the Reconciliation Process where the Minority Party gives the Majority Party to indoor and this amendments, all my lawn, no end insight and put senators on the
the leader of hamas, ismail haniyeh, has arrived in cairo for talks on a fresh ceasefire. israel s president has said his country is now ready for what he calls another humanitarian pause . nearly 20 thousand people are now reported to have been killed in gaza. 1,200 were killed and 240 taken hostage when hamas attacked israel on the 7th of october. the un security council is about to start discussing a new draft of a gaza resolution and a vote could take place any minute now. the white house has just said discussions for a humanitarian pause are quote very serious . it s all about the wording of the text. it s all about the wording. the draft is very long, but the key section talks of extended humanitarian pauses and corridors throughout the gaza strip for a sufficient number of days to enable full, rapid, safe, and unhindered humanitarian access . it remains to be seen if the wording is now acceptable to the united states. in the past half hour, the us secretary of state
through those routes. 0vernight, oil prices dipped, but will it last? for a closer look at the energy markets, let s speak to rebecca babin. she is a senior energy trader at cibc private wealth. great to have you on the programme. how much other concern is this price rise? 50 how much other concern is this price rise? ~ how much other concern is this price rise? ~ , . rise? so i think the concern right now is really rise? so i think the concern right now is really kind rise? so i think the concern right now is really kind of now is really kind of concentrated on the longer shipping time. the market is not pricing in that we actually lose barrels from the market as a result of what is happening in the suez canal, what it is concerned with right now and the reason it has risen 6%, is because the shipping costs associated with travelling around the southern tip of africa to reach its destination as around 15 days of travel time. it increases freight costs. and it has inc
rebecca babin is a senior energy trader at cibc private wealth. she gave me her predictions. i think the concern right now is really concentrated on the longer shipping time. the market is not pricing in that we actually lose barrels from the market as a result of what is happening in the suez canal. what it is concerned with right now and the reason it has risen 6% because the shipping costs associated with travelling around the southern tip of africa to reach its destination adds around 15 days of travel time. it increases freight costs. and it has increased insurance costs. that is what the markets are pricing in and looking at at this point. the market has not entered a panic mode, as we have seen in the past with other geopolitical events, where it starts to pricing supply is lost from the market. right now it is a logistical rerouting what we re seeing, and not kind of that panic and fear that we re going to lose barrels. that obviously can change very rapidly. to venez