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Transcripts For BBCNEWS BBC 20240703

Acknowledge the attack so in this case iran is trying to get out of this dilemma because it was the israeli strike than it would have been responded, they are a leader of iran and it would be an Immediate Response in seconds and even the Foreign Minister said it was significant, the attack would be responded with massive response to respond to israel. In this case they tried to convert situation, the tension is there but the calm is that because of the pressure from the United States and other regional countries in order to avoid any all out war in this region because it is not an interest if around because they cannot afford a war with United States and israel cannot afford to have a front with and yemen and gaza. Its a way out but still tension is there, all efforts try to avert any attention because it will affect oil prices, the freedom of navigation so it will have many bad consequences on the economy and stability and peace in the region. We economy and stability and peace in the

Transcripts For BBCNEWS Verified 20240703

Including against its oil industry which has helped fund its military activities and those of its proxies across the middle east. Data from Energy Analytics firm, vortexa, suggests that in the first three months of this year, iran exported more oil than at any time in the last six years, with most of it going to china. Iran currently produces about 3 of the worlds oil supplies. Earlier i spoke to Philip Worman who is a senior Managing Director we have heard about new sanctions from the us and uk, targeting executives of an Engine Manufacturer that supplied the drones iran used in that attack on israel. Companies also linked to irans Steel Industry are being targeted. Earlier i spoke to Philip Worman who is a senior Managing Director at Risk Consultanchs held. Philip advises on sanctions risk. Well, its interesting. Even with the recent Missile Attacks on israel, the price of crude really hasnt gone up in the same way that you saw with previous geopolitical shocks. So crude is kind of p

Transcripts For BBCNEWS BBC 20240703

Seeking to score points. Take a listen to qatars Prime Minister. Translation unfortunately, i mean, we have seen that there has been an abuse of this mediation in favour of narrow political interests. This means that the state of qatar has called for a comprehensive evaluation of its role. We are now at the stage to evaluate mediation and also evaluate how the parties engage in this mediation. European Union Leaders have agreed to tighten sanctions on iranian producers of drones and missiles in the wake of tehrans unprecedented attack on israel on saturday night. The president of the European Council says its important to do everything to isolate iran. Tensions in the region remain high with israels Prime Minister insisting his country will make its own decisions about how to respond to irans drone and missile attack. Israels western allies fear striking back against iran could trigger a broader war. For more on the role of qatar, i spoke to our middle east correspondent. Spoke to our

Transcripts For BBCNEWS BBC 20240703

This is bbc news, the headlines. G7 Foreign Ministers meet in capri the wars in ukraine and gaza top of the agenda. Police take down an International Cyber crime gang based in the uk, accused of industrial scale fraud. The Scottish Government is moving its climate goal post, ditching its target of reducing Greenhouse Gas emissions by 75 by 2030. And why some film fans are veering away from streaming in favour of Micro Cinemas. Londons metropolitan police have infiltrated a website, founded in the uk and used to defraud victims on an industrial scale, leading to arrests around the world. Labhost enabled scammers without Technical Skills to set up fake websites designed to trick victims into revealing personal information such as email addresses, passwords and bank details. As many as 70,000 people in the uk were tricked by the scam, which allowed the scammers to steal 480,000 card numbers and 64,000 pin codes. Detectives estimate that the labhost site made nearly £1 million in profits.

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