Irans Oil Industry after comments by President Biden. Welcome to business today, live from new york, i m ritika gupta. Share prices in the us have been searching after great news regarding the us economy. The strike on the East Coast ports has also been suspended. It is not all positive news, though. Oil markets are still reeling from a comment by President Biden on thursday that the White House is discussing whether to support an attack by israel on Irans Oil facilities. This is how one of the key benchmarks Brent Crude was trading in the last 15 minutes if it stays at these levels it will be up around 10 per cent this week. One Oil Market Watcher told us he is astounded by the president s comment. In over 15 years of covering the energy markets, reporting them and dare i say, trading on the markets as well, i have never seen anything. This is quite unprecedented. Whether its off the cuff or not, for a sitting us president , just a little over four weeks from the american president i
In retaliation for the barrage of missiles launched by tehran two days ago. On tuesday, iran fired 180 missiles across large parts of israel. It came in response to the israeli military s Ground Invasion of southern lebanon. The conflict has continued to escalate overnight. Lebanons Health Ministry says five people have been killed in a strike on a medicalfacility in beirut. The Israeil Military confirmed it had carried out a Precision Attack on a building said to be affiliated with the iran backed armed group hezbollah. Our Correspondent Peter bowes has the latest. More explosions ring out overnight in lebanon. The Israeli Army says it conducted a precise attack on bachoura in central beirut. The first raid in the heart of lebanons capital. Lebanese officials say at least five people were killed and 11 injured in this israeli strike on a medical facility, a building affiliated with hezbollah. Earlier, the lebanese Health Ministry confirmed at least 46 people have been killed in israel
Relief efforts. Theres a lot of people that are frustrated out there and i can certainly appreciate that and we felt that when we were on the Road Yesterday but also told them that this is unprecedented what we are dealing with. Previously the worst Storm Georgia had ever dealt with. We dont need people in washington doing things, we need people here doing things and this Community Show that. Sandra Brandnew Top of the hour. We now know at least 200 are dead. Holmes upended and homes unrecognizable. Any moment now President Biden will be getting an update in florida as he continues his tour of the hardesthit areas. Our thoughts are with all of those affected by this. It is brutal for so many. Hello and welcome everyone. I am Sandra Smith in New York. John our houtz go out. Im John Roberts in washington and this is america reports. Today marks a week since Hurricane Calin made landfall. Survivors are isolated by catastrophic flooding and they are desperately flooding Stomach Pleading fo
Refuge in shelters as explosions lit up the sky. Iran warned it would hit all of Israels Infrastructure if it retaliated. The Israel Defense forces said that around 180 missiles. Were launched towards israel around 5. 30pm local time on tuesday. They were fired across huge areas of israel, including its largest city Tel Aviv, and jerusalem. And, these pictures from iranian State Media show the ballistic missiles being launched from Military Sites. Tehran said the attacks were in retaliation for the killings of senior militant leaders, including the hezbollah chief hassan nasrallah. Well, israel has responded by continuing its aerial assault of beirut s Southern Suburbs. These are live pictures of the lebanese capital. The idf said it had targeted a number of hezbollah sites. Meanwhile, the iranian backed Militant Group says it has clashed with israeli troops in the southern lebanese town of adaisseh. Both the us and uk were involved in helping to protect israel from Yesterdays Missile