critical is he zbollah. we haven t heard what their response to this is. we do know the syrian army says this makes the u.s. a partner with isis. thank you. the strike in syria has investors on edge, dows sank 120 points right after the strike but futures climbing back as we sort through the severity of the strike. trade mixed amongst these. gold price rising. that happens when investors seek safe haven. not a surprise here, crude jumping almost 2%, above $52 a barrel. the thought is military action in syria could disrupt supply in the middle east if the conflict escalates. you have russia and iran two huge oil players here.
production. crude jumping 12% on that news. gas prices are not rising. the national average for a gallon is $2.18. that is up 5 cents over the last week. it is 14 cents higher from prices this time last year. that s it for early start. i m alison kosik. desperation and anguish on the scene of the deadly warehouse fire in oakland. new day starts right now. just all this black smoke. i couldn t breathe. this is the most deadly fire in oakland s history. the reality for all of us is beginning to set in. the fire was getting too hot. smoke getting just too bad and i wasn t able to get him out. if there was an expressway to cause a diplomatic uproar with china, this would be the way to do it. this was the moment of courtesy, not discussion about policy. the secretary of state is an
this last year. crude jumping today on reports that iran is already going to try to cut off oil to european countries opposing the nuclear program. now, iran denies that. but there is no denying this, and the impact of a near-term threat of a cut off on oil, in recent days, oil watcher says consumers have very good reason to be nervous, and they are nervous. should they be? guest: they should be. look at the prices we are seeing at the pump. and here in the global recession. now, iran is ratcheting up things and the concern here is what will happen in the straight of hormuz? will we get a blockage? we have u.s. warships there and iran threatening the warships, and we have saber rattling in the gulf. neil: i have always suspected and i am no nuclear expert but i have suspected they are further along, iran, with the technology than they have let on and this could have been