Loses its conflict with russia. G7 Foreign Ministers are meeting now on the italian island of capri to discuss ukraines urgent appeal for more air defence support and how to use frozen russian assets to assist kyiv. Earlier, i spoke to our security correspondent gordon corera. Potentially, a significant series of arrests by German Authorities yesterday. Theyre certainly suggesting that today, with prosecutors arresting two men, one of those, it appears, had been spending some time carrying out reconnaissance of a Military Facilities. The second man is thought to have assisted him and then, in turn, they are thought to have been in contact with another person linked with russian intelligence services. Some details are emerging about what they may have been looking at. These are Military Facilities inside germany but the suggestion is this wasnt just spying, collecting intelligence that is something that happens normally but they were considering, particularly that one individual sabotag
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
assets to help ukraine in its those assets to help ukraine in its defence of this appalling, illegal russian invasion. thousands of passengers are still waiting for flights at dubai airport after delays caused by the heaviest rain in more than 70 years. and australia is fighting infestation of fire ants, with a potentially devastating impact on the country s health and agriculture. let s round up the business news of the day. let s take a quick look at our top business stories. could iran face yet more economic sanctions after its unprecendent attack on israel at the weekend? that s one of the things being discussed by g7 foreign ministers gathering in italy. iran is already subject to a range of western sanctions,
should be finding ways of using those assets to help ukraine in its defence of this appalling, illegal russian invasion. thousands of passengers are still waiting for flights at dubai airport after delays caused by the heaviest rain in more than 70 years. and australia is fighting infestation of fire ants, with a potentially devastating impact on the country s health and agriculture. let s round up the business news of the day. let s take a quick look at our top business stories. could iran face yet more economic sanctions after its unprecendent attack on israel at the weekend? that s one of the things being discussed by g7 foreign ministers gathering in italy. iran is already subject to a range of western sanctions,