Treasury market, youll see the ten year right now is yielding all the way up at 1. 829 30year back at 2. 3 so some much higher levels of yields than weve been used to in recent month. Our top story, a series after attacks that took place over the Weekend Energy prices are soaring. Wti crude at 59. 55 brent at 65. 60 Big Questions for the future of the aramco ipo airline prices, all sorts of things Brian Sullivan is covering the huge moves in the oil prices in houston. But we want to start this morning with hadley gamble in riyadh, saudi arabia good morning, hadley. Good morning, guys. We are now over 48 hours from the largest ever terror attack on saudi arabias Oil Production facilities and still very muted response from not just the government itself but aramco were told in the next few hours we could see more information coming out of the company just about how this happened information about output, at the moments all we really got go on is the reemphasis time and time again on the
President mike pence mark short is with us this morning on iran, and as well the strength of the u. S. Economy today to really sock up who is needed fox news senior tszuj Andrew Napolitano weighing in on Brett Kavanaugh with a big three hours coming up and top story this hour is that attack. On Oil Production facilities in saudi arabia. The twin drone strike on saturday sending oil prices soaring intensifying middle east tensions, rebels claim responsibility for this. The u. S. Is rereleasing satellite foe e toes photos it is showing the impact it says came from the north and the northwest implying that tehran was more likely really the perpetrator here iran behind these attacks iran meanwhile deny any involvement. I spoke with michigan congresswoman and former cia analyst alyssa to sunday morning futures about it, yesterday. You are an expert in this field you did three tours in iraq yourself. What is reaction to what took place in saudi arabia . Ive seen the playbook before and iran
Invasion in 1945 and a fear of war has been passed through the generations. And. Today those who witness these horrors live on the plane something extraordinary beauty surrounded by corridor and a unique marine life. Points here in america by the survivors of well war to sort refuge and its this the now 5 thing to say. Its an epic struggle the pitch these island. People against the greatest military power on earth. This is the office of a former governor a volcano otoh my psyche what is done is create not so much museum. Bought an appeal to the outside world to understand the resistance and all come to understand the suffering. To read its Hidden History it begins in 1945 when the americans invaded his general what call for arriving in okinawa. A 2nd invasion happened 10 years later in what became known as the bulldozers and beignets campaign American Forces seize prime Agricultural Land and farm houses and kill livestock the dispossessed people of all her novel march the length of jap
General motors negotiations resuming next hour. The strike coming as gm faces declining sales and is closing plants with uaw leadership while facing an fbi corruption probe. Have news on vaping, opioids and chinas economy as well but im david asman in for stuart today. Good monday morning with varney co. Start right now. David lets get right to oil. Studies have shut down 5 of the production after two drone attacks. West texas crude and brent crude surging on that news over 10 . Here are dow components exxon and chevron free markets. They are unchanged but those situations could change dramatically when you have the opening bell. Stocks are a big along with the entire Energy Sector of the orbit here is President Trumps latest tweet on the subject because we have done so well with energy over the last few years, thank you mr. President , we are a Net Energy Exporter and now the Number One Energy producer in the world and we dont need middle eastern oil and gas and in fact, we have very
Hopkins. The president tweeting out the following. Quote, because we have done so well with energy over the last few years, thank you, mr. President , we are a Net Energy Exporter and now the Number One Energy producer in the world. We dont need middle eastern oil and gas and in fact, have very few tankers there but will help our allies, end quote. So has the rebuilding of our fossil fuel industry made mideast crises like these easier to handle . What do you think . I mean, opec used to call the shots in middle eastern terror, middle eastern disruption used to have a major disruption, even back in the 1980s, in our own economy. Certainly in the 1970s, especially when the environmentalists, the epa started. Thankfully because of the fossil fuel industry, the innovation, fracking, all the deregulation thats come across, terrible events like this will have ultimately a de minimis impact on the energy that powers our modern american lives. I agree. We are less dependent on foreign oil but