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 would
Irans Oil Industry after comments by President Biden. Welcome to business today, live from new york, i m ritika gupta. Share prices in the us have been searching after great news regarding the us economy. The strike on the East Coast ports has also been suspended. It is not all positive news, though. Oil markets are still reeling from a comment by President Biden on thursday that the White House is discussing whether to support an attack by israel on Irans Oil facilities. This is how one of the key benchmarks Brent Crude was trading in the last 15 minutes if it stays at these levels it will be up around 10 per cent this week. One Oil Market Watcher told us he is astounded by the president s comment. In over 15 years of covering the energy markets, reporting them and dare i say, trading on the markets as well, i have never seen anything. This is quite unprecedented. Whether its off the cuff or not, for a sitting us president , just a little over four weeks from the american president i
First time in nine years. Campaigners in weber welcomed the move, while others are cautious. An inquest has been opened into the deaths of four people who died when a Luxury Yacht sank off the coast of sicily. Hello, im geeta guru murthy, welcome to Bbc News now. Irans supreme leader has defended his Countrys Missile Attack on israel earlier this week as totally legitimate. Leading Friday Prayers in tehran for the first time in five years, Ayatollah Khamenei said it was the minimum Punishment Israel deserved. Overnight there were more israeli Air Strikes on lebanon including one near a Border Crossing which israel says targeted a tunnel used by hezbollah. Our diplomatic correspondent Caroline Hawley has the latest. This was designed as a show of strength from a regime deeply humiliated by a series of devastating blows to its allies. Hezbollah and Hamas Supporters gathered first to commemorate the hezbollah leader hassan nasrallah, killed in an israeli Air Strike a week ago today. Free
About whether or not they would be an improvement on retirement benefits they were offered in healthcare but perhaps, biggest healthcare but perhaps, biggest issue of all was healthcare but perhaps, biggest issue of all was automation. When i was at the picket line earlier this week at the port of newark, one of the busiest on the east coast, there were lots of signs, people say automation doesn t feed families, a lot of anger and concern but essentially the advanced technology would replace them and theirjobs. And that was what they saw this five primarily being about so the question is, will they be any progress between now and january 15? are reached out to the union but haven t heard back. As a kind of what they ve been any movement on this key issue. The strike carried out for two three days, is a way of knowing how much that course? at of knowing how much that course? , ,. ,. of knowing how much that course? ,. course? at this point, some of the damage course? at this point
And this attack came with no warning. We went to inspect the damage. A residential building near the lebanese parliament. Beirut appears increasingly under threat. This is where an emergency response group linked to hezbollah operated, now gone. There were just emergency service workers. This is the truth. We only saw them helping people out, says mustafa, who lives on the tenth floor of the building hit. The damage in this building gives you a sense of the power of this attack, and they ve been cleaning up the rubble here, but we can still see some surgical masks and gloves and bandages as well. And you can probably hear the sound of drones flying overhead. This is a densely populated district here in central beirut. Hasan, who s a teacher, has lived in this neighbourhood for 2h years. There was no hezbollah presence here, military or civilian, he tells me. Hezbollah wasn t present here. These are some of the victims of the attack. They include one rescue officer and two paramedics. T