It has come down slightly, Nudging Par 77 a barrel. To explain why markets responded so quickly on thursday, heres our economics editor, faisal islam. In the aftermath of irans ballistic Missile Attack and as we wait for news on Israels Response there has been a rise in the price and that means since the attacks it is up 10 to over 77 a barrel on the Brent Crude measure, still down on the year because of local economic concerns but the spike up economic concerns but the spike up occurred immediately after president biden added to Suggestions Israel would target Irans Oilfacilities. Reporter would you support israel striking Irans Oil facilities . Israel striking Irans Oil facilities .. facilities . We are discussing that. I facilities . We are discussing that. |think facilities . We are discussing that. L think that facilities . We are discussing that. I think that would facilities . We are discussing that. I think that would be i facilities . We are discussing that. I think that would
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
Trying to get to syria, hoping for a safe spot. Hello. It was a rare public appearance by ayatollah ali khamenei, the spiritual leader of iran, and he used it to justify his Countrys Missile Attack this week on israel. He claimed the barrage of ballistic missiles was completely legal and the minimum Punishment Israel deserved for what he called its astonishing crimes for the first time in nearly five years, the ayatollah was delivering Friday Prayers at the Grand Mosque in tehran. He called israel a Vampire Regime and the United States a rabid dog. Meanwhile, us president Joe Biden has said in the last hour that he doesnt think israel has yet decided how to respond to the iranian attacks. He said it should look for other alternatives rather than hitting iranian oil facilities. Another development is that the us military have attacked 15 Houthi Targets in yemen. Houthi rebels, like hezbollah and hamas, are backed by iran. And in lebanon, thereve been more israeli Air Strikes targeting h
Im Erin Burnett live from tel aviv. We of course are following several breaking stories at this moment here on the ground in israel, were learning and israeli airstrike just killed a leader of hamas in the West Bank to the north and lebanon. New pictures of a massive strike In Beirut. Tonight, the Explosion Lighting up the Night Sky here in these hours of the morning, all happening as israeli strike against iran appears to be imminent. Now we do a full Team Coverage here in tel aviv. First though, of course, you just watched the Vice President Kamala Harris are wrapping up a rally with former Republican Congresswoman Liz Cheney. Cheney making a forceful argument for harris, a formal endorsement, which you just watched blasting former President Trump. She says that quote, our republic faces a threat, unlike any we have faced before tonights rally, coming in a county famous for being the birthplace of the republican party. In Donald Trump won the county where you just saw Liz Cheney and