trading jumped by around 3%, now they are down slightly, just over 2% increase. that s largely because one fifth of the world s oil consumption travels through the strait of hormuz in the region and there are large concerns, many concerns that escalating tensions will affect supply and will further impact prices. shares and stocks in asia also down on the news. but safe haven assets like gold have risen, with gold nearing a record high. mil risen, with gold nearing a record high. risen, with gold nearing a record high. all right, thank ou record high. all right, thank you very record high. all right, thank you very much. record high. all right, thank you very much. let s - record high. all right, thank you very much. let s get - record high. all right, thank. you very much. let s get some more reaction now from the american middle east analyst aaron david mueller, he is from the carnegie endowment for international peace. i the carnegie endowment for international peace.- internat
cannot house the birds. sorry to interrupt you cannot house the birds. sorry to interrupt you but cannot house the birds. sorry to interrupt you but briefly i to interrupt you but briefly will this impact prices, do you think? t will this impact prices, do you think? ~ will this impact prices, do you think? ~ . think? i think it will impact the prices think? i think it will impact the prices for think? i think it will impact the prices for perhaps - think? i think it will impact the prices for perhaps the l the prices for perhaps the turkeys, geese and ducks. but it depends on the extent to which these measures that i now put in place gain traction. fik. put in place gain traction. 0k. sean rickard, put in place gain traction. 0k. sean rickard, thank put in place gain traction. 0k. sean rickard, thank you for your time, sean rickard, thank you for yourtime, good sean rickard, thank you for your time, good to get your view on what is happening in the poultry industry. what
not a lot of time to turn this ship around until election day. bill: thank you. dana: let s bring in mike pompeo former secretary of state. what do you think our adversaries are wondering when they see that the biden administration is thinking of drawing down our emergency strategic petroleum reserves by another 10 to 15 million barrels? i think they think we re silly. i think they think this is dangerous for their friend and ally and united states of america. to put in perspective, 14 to 15 million barrels is less than fraction of one day global consumption, about 100 million barrels a day. think about that. 15% of one day s production, it is a little drop in the gasoline bucket. it won t do anything to impact prices. this is pure politics. that s really kind of sick to think they would do this. three weeks out from election.