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
Scale censorshIp at an IndustrIal scale. She dId It durIng the reIgn scale. She dId It durIng the reIgn of scale. She dId It durIng the reIgn of send over a number of Issues ReIgn of send over a number of Issuesand ReIgn of send over a number of Issues and that to me as a much bIgger Issues and that to me as a much bIgger threat to democracy than what bIgger threat to democracy than what Donald Trump dId durIng coronavIrus I have enjoyed TonIghts Debate and there Is a lot of commonalIty, and I am sympathetIc to speakIng on thIngs. But thIs one Is troublIng to me. To mIss speakIng on thIngs. I thInk we need to tell the story. Donald trump, I dont thInk we can be the fog In the pot, and let the boIlIng water go up. He lost thIs electIon and he saId he dIdnt. 140 polIce offIcers were beaten at the capItol that day, some wIth the amerIcan flag and some later dIed. It wasntjust there, In mInnesota the group gathered on the Estate Grounds In SaInt Paul and saId we are marchIng to the governo
Horrific Of hamas. And after the horrific attack by hamas carried horrific attack by hamas carried out nearly a year ago today carried out nearly a year ago today the carried out nearly a year ago today the united states sent a clear today the united states sent a clear message to iran. Dont exploit clear message to iran. Dont exploit the situation in ways that exploit the situation in ways that would risk propelling the region that would risk propelling the region into a broader war. The Igc repeatedly ignored this warning. By encouraging and enabling warning. By encouraging and enabling the whole season yemen to disrupt enabling the whole season yemen to disrupt global Shipping And Launch to disrupt global Shipping And Launch attacks against israel, by supporting militant groups in syria by supporting militant groups in Syria And Iraq which repeatedly attacked american forces repeatedly attacked american forces engaged in the fight against isis, and by arming and encouraging hezbolla
Im nowjoined by our North America Business correspondent ritika gupta. What is it that markets make of what they are saying . They are nervous because they dont know whats going to happen next. Yes. The mood of nervousness. Little change now but losses off the back of those Middle East tensions. There is a dent to risk appetite. Markets dont like Uncertainty And Risk now is can this respondent is this going to blow into wider war. One of the sectors that is bucking the trend and going higher Todays Energy stocks and that is off the back of oil as you mentioned. It was up as much as 3 today and continuing again from yesterday over Supply Disruption concerns. Yesterday we saw some of those Safe Haven assets like gold, we are seeing some of Varese Today but i still think overall there is this wait and see mode and a very risk of town. Is this Waitandsee Mode and a very risk of town. Very risk of town. There is one thing they very risk of town. There is one thing they are very risk of town
By the iranians. They essentially gave Israels Lesson yahoo the war he wanted, they essentially gave israels netanyahu the war he wanted. Where it goes from there remains to be seen. But there remains to be seen. But there is now a situation where nobody really cares about the two State Solution on the palestinian issue, all of those things that were the focus of diplomatic focus a few months ago. Now it is all about conflict what it iran. You said it is all about conflict what it iran. You said it is all about that it is all about that confrontation, now, iran and israel. We are carrying the live events from the un Security Council. Where do you think diplomacy is . Is it anywhere in the equation . It is anywhere in the equation . It is a difficult question. Anywhere in the equation . It 3 a difficult question. The americans have been very much, nearly a year now, trying to get a ceasefire in gaza, trying to restrict the possibilities of this conflict from escalating and succeeded for