Ground attack. Hello, im matthew amroliwala, welcome to verified live, three hours of breaking stories, and checking out the truth behind them. President joe biden has urged israel not to be consumed by rage this was confirmed soon after by Prime Minister netanyahu whose office which said no aid will enter from israel as long as its hostages arent returned and it will not block the delivery of food, water and medicines from egypt. Joe biden his visit was overshadowed by a devastating explosion and hospital in gaza city. Hundreds more were wounded. Israel has blamed it on a palestinian islamichhad rocket, which it says misfired, hitting the hospital. President biden appeared to agree with that that it was caused by what he called the other team will stop in the last hour say israel was not responsible based on the latest information. Responsible based on the latest information. But arab countries have joined hamas in blaming israel for the explosion. President biden appeared to agree wi
Conflict is real, very real, and extremely dangerous. More on that, the story that is dominating the news agenda, but we will pose for the next few moments to catch up with some of the business headlines of the day. We are going to talk about what the us treasury is doing in response to the situation in the middle east. The us has imposed sanctions on what it described as ten key hamas operatives and facilitators. They said it was to prevent hamas being able to raise funds to carry out atrocities. We can cross live to new york and our Business Correspondent michelle fleury. What more do we know about this . At michelle fleury. What more do we know about this . Know about this . At the heart of this, this is know about this . At the heart of this, this is an know about this . At the heart of this, this is an effort know about this . At the heart of this, this is an effort by know about this . At the heart of this, this is an effort by the know about this . At the heart of this, this is
The concern has been that this conflict in israel, between israel and hamas would lead to a widening Global Crisis that would threaten the Global Oil Supply and thats why we have seen these crude Oil Prices Rise in the last week, rising up 7. 5 , marking its biggest weekly rise since february. This morning we are seeing that we can to steady and there are a couple of reasons why there are a couple of reasons why the market is changing its tune is one of them is Bank Earnings which we pointed out on the other is present by the s planned a visit to israel. We can start with President Biden and his visit comes at a crucial type and is being taken by investors as a signal that the crisis might see efforts to be contained. We are seeing that temperance not only in the price of crude oil but also with investors pulling back slightly from some of the safe haven assets, things like cold gold and stable currencies and treasury bonds. When we get to the big Bank Earnings, this is earning season