Oil Prices Surge and stocks tumble as barrage of missiles in the Middle East prompts supply fears in a region that accounts for a third of global oil production. Us Trade Paralysis dockworkers threaten to continue striking for as long as necessary with ports along the East And Gulf coasts remaining shut for a second day. Also on the programme, could technology bring extinct species back to life . We speak to the boss of a De Extinction Company hoping to resurrect the Woolly Mammoth. Live from london, this is business today. Lets start with the Middle East, where, as weve been reporting, israel has warned of grave consequences after iran launched a barrage of missiles at targets across the country on tuesday. Oil prices have been surging as traders fear a full scale regional war could disrupt Energy Supplies to the global market. Brent crude rose as much as 5 to 75. 40 a barrel in intraday trading. Lets Take A Look at the latest Oil Price now. Up up1. 36 , up 1. 36 , 74 up1. 36 , 74 and
Or, after the business of the exploding pagers and the continuing targeted bombings, is he hoping to continue humiliating hezbollah and showing it up as powerless? but suppose hezbollah hangs on and keeps firing missiles at israel, to the point where mr netanyahu feels he s got to take that extra step of putting israeli boots on lebanese soil? i spoke to nafiseh kohnavad, a middle east correspondent of bbc world service, at her flat in beirut. Nafiseh originally worked as a journalist in iran, but was forced to leave after asking too many hard questions of iran s political leaders. At the moment that i m talking to you, israeli air strikes have intensified significantly. For the first time, when hassan nasrallah, the leader of hezbollah, was giving a speech, he clearly mentioned that now this is a new phase, and that the group was expecting that israeli forces may enter southern lebanon by land. Before that, erm, all words were around that both sides don t want all out war. Now, you re
Bombings, is he hoping to continue humiliating hezbollah and showing it up as powerless? but suppose hezbollah hangs on and keeps firing missiles at israel, to the point where mr netanyahu feels he s got to take that extra step of putting israeli boots on lebanese soil? i spoke to nafiseh kohnavad, a middle east correspondent of bbc world service, at her flat in beirut. Nafiseh originally worked as a journalist in iran, but was forced to leave after asking too many hard questions of iran s political leaders. At the moment that i m talking to you, israeli air strikes have intensified significantly. For the first time, when hassan nasrallah, the leader of hezbollah, was giving a speech, he clearly mentioned that now this is a new phase, and that the group was expecting that israeli forces may enter southern lebanon by land. Before that, erm, all words were around that both sides don t want all out war. Now, you re in beirut, of course, and i can hear, in the background, children playing.
Be a dry start to the weekend. Tomorrow starts dry and ChIlly Chubut there wIll be some wet and WIndy Weather later In the day. Dry and chIlly too. Fresh attacks have contInued on the lebanese CapItal BeIrut overnIght. It comes after Israels MIlItary carrIed out a StrIke South of the CIty Yesterday targetIng Hezbollah Leader Hassan Nasrallah. It has not been confIrmed If he was In the buIldIngs when It was struck. Lebanons Health MInIstry say sIx people were kIlled and 91 Injured. Our reporter SImon Jones has the latest. ExplosIons, screamIng new strIkes overnIght on Southern BeIrut. Israels mIlItary saId It was targetIng buIldIngs storIng hezbollah weapons underneath them. Hezbollah denIed they were arms depots. ExplosIons. EarlIer, a serIes of massIve explosIons. It Is thought the target here was the Hezbollah Leader Hassan Nasrallah. It Is unclear whether he was any of the buIldIngs that were hIt. Iran, whIch backs hezbollah, has called the attack a dangerous, game changIng escalatI
The Usjustice Department sued americas largest card network, accusing the company of illegally monopolising the Debit Card Market and driving up prices for businesses and consumers. Lifting us financial markets, well, there was a sharp rise in Al Darling nvidias stock price. That was after the company said its ceo, jensen huang, was done Selling Stock in the Chip Maker for now. And Chinas Wave of stimulus to jolt its ailing economy, well, that also boosted us stocks that have exposure to china. So far this week, it has been light on the economic front, with investors still digesting that Rate Cut from the federal reserve. But on the economic calendar, things should pick up as the week goes forward. As michelle mentioned, the Usjustice Department has filed a lawsuit against visa. It says the worlds largest Payments Processor illegally stifled competition to maintain a monopoly over the american Debit Card Market, through means like paying off potential competitors. Visa says the claims