It has come down slightly, Nudging Par 77 a barrel. To explain why markets responded so quickly on thursday, heres our economics editor, faisal islam. In the aftermath of irans ballistic Missile Attack and as we wait for news on Israels Response there has been a rise in the price and that means since the attacks it is up 10 to over 77 a barrel on the Brent Crude measure, still down on the year because of local economic concerns but the spike up economic concerns but the spike up occurred immediately after president biden added to Suggestions Israel would target Irans Oilfacilities. Reporter would you support israel striking Irans Oil facilities . Israel striking Irans Oil facilities . ,. , facilities . We are discussing that. I facilities . We are discussing that. |think facilities . We are discussing that. L think that facilities . We are discussing that. I think that would facilities . We are discussing that. I think that would be i facilities . We are discussing that. I think that w
In terms of iran and the risk to exports directly out of iran, thats about 1. 7, 1. 8 million barrelS Per day. And obviously those, the Export Facilities in iran, are those probably at greatest risk in the aftermath of what happened on tuesday night. But i think, you know, weve had a muted reaction, partly because markets are still focussed on a comparatively weak chinese economy and expectations that the Oil Market more broadly next year is looking like it may head into surplus. So, you know, very much mixed messages at the moment coming out of the crude market. Lets go straight to New York and get the latest from our correspondent there, ritika gupta. We saw there prior to starting to rise once again, particularly off the back of those comments by president biden. Explain what he said. We are seeing biden. Explain what he said. Are seeing Oil Prices spiking after the back of president biden s comments, saying they are considering the possibility of israel launching a counterattack on
British for now, but after todays agreement, not for much longer. The islands are all uninhabited, save for one. An important one. DieGo garcia. It is home to a vast and secretive american Military Base, used to refuel bombers during the wars in iraq and afghanistan. Foghorn but for years, the Island Nation of mauritius has been staking claim to the ChaGos Islands, planting their flag on one of the tropical atolls here and demanding that britain give up what some have called the uks last colony in africa. Back in the 1960s, the people living on the archipelaGo were forcibly removed by britain, which kept hold of the islands while giving mauritius its independence. A secret deal was already in place to let the americans set up their Military Base on DieGo Garcia. Chapter ii of the charter. But in recent years, international opinion has turned against britain. That the united kingdom is under an obligation. The uns top court ruled here that the islands do indeed belong to mauritius and s
In the sky. You could see that puff of white smoke. It does appear to be just a single missile that was fire. But were stuck in that war unless im president , ill get it done. Ill get it negotiated. Ill get out some in the world want you. Talk to putin, but what could they possibly hear from him . This has the potential to be a really, really significant storm. Its going to be a statewide wind event. Live from london this is Cnn Newsroom with Max Foster and christina macfarlane hello, a warm welcome to our viewers joining us from Around The World. Im Max Foster is wednesday, september the 25th, 9 00 a. M. Here in london, 11 00 a. M. In Tel Aviv where the Israeli Military says its intercepted. A single surface to Surface Missile launched by hezbollah marking the first time ever a missile fired by the Militant Group has reached as close to the city says it was ty it was targeting the headquarters of Israels Intelligence Agency mossad. There are no reports of damage or casualties. The idf
Might see some new evidence in this case before Election Day, because here, Judge Chutkin is allowing prosecutors to submit hundreds of pages of evidence and arguments that they have gathered against former President Trump related to efforts to subvert the 2020 election. And the reason shes allowing this is because she believes the Supreme Court it has issued her a task and that is to look through the allegations here. And the evidence and determine which portions of this case maybe immune from prosecution under their ruling granting former President Trump, but other president s partial immunity for official acts. So this could potentially be filed on thursday. It will be filed under seal so its possible that she could release this at some point before the election. But of course, jake, if trump is reelected, both of smiths cases will be dismissed. And paul, as you know, there are lots of other legal threads to the election. This afternoon. For example, theres A Critical hearing in mis