change the cost to you for a gallon of gas. if you don t think you re going to see $5 a gallon by summer, the iranians may be telling you to think again. oil prices rose monday to a nine-month high after tehran announced it was cutting off oil exports to britain and france, threatening the same to six other european countries. oil is iran s lifeline. it makes up for 80% of all its exports with the top customers being china, which gets 22% of the crude, the eu, which takes 18%, then japan, 14%. india, 13%. and south korea, 10%. so if those are the customers, why do we care? most of our oil comes from canada, saudi arabia, mexico, venezuela, and nigeria. we care in america because oil is an internationally traded commodity and when the supply is interrupted anywhere, it causes shock waves everywhere and iran knows it. outfront tonight, iran expert ashman of the new america foundation, and former military intelligence officer, paula broadwell. she s also the author of the all i
good evening, everyone. i m tom foreman in for erin burnett. outfront tonight, iran s big power play. the new threats, the new fears, and how they could dramatically change the cost to you for a gallon of gas. if you don t think you re going to see $5 a gallon by summer, the iranians may be telling you to think again. oil prices rose monday to a nine-month high after tehran announced it was cutting off oil exports to britain and france, threatening the same to six other european countries. oil is iran s lifeline. it makes up for 80% of all its exports with the top customers being china, which gets 22% of the crude, the eu, which takes 18%, then japan, 14%. india, 13%. and south korea, 10%. so if those are the customers, why do we care? most of our oil comes from canada, saudi arabia, mexico, venezuela, and nigeria. we care in america because oil is an internationally traded commodity and when the supply is interrupted anywhere, it causes shock waves everywhere and iran knows
the new threats, the new fears, and how they could dramatically change the cost to you for a gallon of gas. if you don t think you re going to see $5 a gallon by summer, the iranians may be telling you to think again. oil prices rose monday to a nine-month high after tehran announced it was cutting off oil exports to britain and france, threatening the same to six other european countries. oil is iran s lifeline. it makes up for 80% of all its exports with the top customers being china, which gets 22% of the crude, the eu, which takes 18%, then japan, 14%. india, 13%. and south korea, 10%. so if those are the customers, why do we care? most of our oil comes from canada, saudi arabia, mexico, venezuela, and nigeria. we care in america because oil is an internationally traded commodity and when the supply is interrupted anywhere, it causes shock waves everywhere and iran knows it. outfront tonight, iran expert ashman of the new america foundation, and former military intelligen
middle class tax cut that has been given to us for by name, to reduce the amount that we re paying into social security. what we should be talking about the real tax reform, what it s going to take to increase our revenues by broadening our economic base, by growing our economy. we aren t doing that. we need to be talking about what the american people want to hear. that s where the jobs are going to come from. that would be congressman dennis ross speaking there. christine romans is in atlanta this morning breaking down the details on this. i think, soledad, in an election year this is a no brainer for republicans and democrats. you ve got 160 million people who are getting a tax benefit e6 ry paycheck they get. it s $1,000 over the course of a year. $40 per paycheck, that s if you make $50,000 a year or so. so this was something in an election year you just, you know, the feeling in washington you just can t be raising taxes on people, on working people in an election
assault. troops are surrounding the city. at least 30 people are reported killed today. saudi arabia has drafted a formal condemnation saying the government there is violating human rights and the u.s. ambassador to syria directly blames the syrian military for killing hundreds. here now is ivan watson. reporter: residents of the besieged city of homs a woke once again at dawn on saturday morning to another day of sustained bombardment. that is routine. a deadly routine they have lived for for the better part of a week, a routine that has killed hundreds of people and wounded hundreds more. at the hands according to the u.s. ambassador to syria of the syrian military. take a listen to what ambassador robert ford had to say to wolf blitzer friday night. we know who is shelling homs and it is not the armed opposition groups. it s the government. and that s why i wanted that picture put on our facebook account so people could see there is the artillery and that s what s firi