Going on, replace concerns in factors might have an reflects uncertainty as to what various governments might do anything aftermath of these horrific attacks. As you mentioned, it is not because oil is produced in israel and gaza, for example, it is because in this region, about a third of the worlds oil comes from The Middle East, and the question now is what will israels responsibly to these attacks . Will it be limited, how long will it go on for . Is that the risk of this spiralling . We have keep your political players around this region and central to that is a run. We have had potential uranian involvement in the these attacks. Iran is important because they control the state of tom boyd with millions of barrels of oil is passing through it every day. Even iranians Oil Shipments have been up to a five year pipe in the past five years. Will the United States allow this to continue if uranian involvement is proved. Continue if uranian involvement is roved. , ~ continue if uranian
Territories are oil producers, but because the middle east is such a huge oil producer as a region, about a third of the worlds oil comes from this region it is what people call the wall risk premium. You have all these interconnected players, pieces of the puzzle, the question is now whether israels response of these attacks can be limited, how long will it last, is going to dragon diplomatically other regional players, so that is really what is contributing to the volatility. A lot of talk about iran, that critical to a chokepoint. Reports of uranian involvement in these attacks. Iranian. It should be pointed out Antony Blinken has said there is no evidence to suggest any iranian involvement so far but it plays into this atmosphere of uncertainty and basically not really knowing what happens next. And that really is reflected in things like the price of oil. find really is reflected in things like the price of oil. And very briefl , like the price of oil. And very briefly, were like
Israeli according to the israeli military. Hamas took to the air, and infiltrated the Country Southern Border by both land and sea. These really military says that unknown number of civilians and soldiers have been taken hostage by the group. It is an assault the likes of which the country has not seen in decades. Following saturday mornings attack, Prime Minister management at a guy, vowed, quote, mighty vengeance, instead the country was now in a state of war. Israel has already responded by launching airstrikes of their own, including one that flattened a Multi Story Residential Building in the heart of gaza city. The strikes continue well into the night, with flashes lighting up the skies, explosions can be heard and seen across the city. Israeli officials say, at least 200 of their citizens have now been killed, with 900 injured in gaza. At least 230 people or did, and another 1600 are injured. That is according to. Just a few hours ago, President Biden delivered his first public
Been killed by israeli airstrikes in gaza including 78 children. The israeli army also says more than 400 Palestinian Militants have been killed after infiltrating Southern Israel, with dozens more captured. Israel says its still trying to regain full control of eight of eight areas where hamas militants infiltrated. The number of israeli civilians and soldiers taken hostage has been put at 100 by the Israeli Embassy to the us, though some have been freed. In northern israel, hezbollah rockets targeted three military positions, with israel responding with barrages of artillery into southern lebanon. The United Nations Security Council is holding an Emergency Meeting to discuss the crisis. 0ur Correspondentjonathan Beale has the latest. I should warn you, his report has some distressing images. Israeli troops are still hunting down armed palestinians. More than 30 hours after their biggest and bloodiest break out from gaza into israel itself. One of the worlds most advanced militaries t
Concern for around 100 israeli civilians and soldiers taken hostage. Jonathan beal has the latest, and i should warn you his report has some distressing images. Israeli troops are still hunting down armed palestinians. More than 30 hours after their biggest and bloodiest breakout from gaza into israel itself. One of the worlds most advanced militaries taken by surprise. By hamas, a militant group kept behind barriers that were supposed to stop this happening. Their attack, as brutal as it was brazen. Hundreds killed. For israel, that has included scores of unarmed civilians as well as of soldiers. Already, the largest loss of life in decades. Here, the bodies of an israeli family shot dead waiting to be identified and buried. Hamas has taken dozens of hostages, too. Like this 85 year old grandmother, whisked away by militants in a golf cart. Families, too, among them this mans wife and their five year old and two year old daughters. He is left anxiously waiting for news and pleading fo