Edge. It is our hard product that cannot be based by Monetary Policy and things like that. People tend to flock towards gold in times of monetary uncertainty. Flat flock towards gold in times of monetary uncertainty. Flock towards gold in times of monetary uncertainty. Not a Big Oil Roducin monetary uncertainty. Not a big Oil Producing country monetary uncertainty. Not a big Oil Producing country in monetary uncertainty. Not a big Oil Producing country in itself, monetary uncertainty. Not a big Oil Producing country in itself, but monetary uncertainty. Not a big Oil Producing country in itself, but an l producing country in itself, but an important region. Talk to me about the nervousness and the stability of sunply, the nervousness and the stability of supply, because that is what we often see in like this, the worries that supply could be disrupted. Thats right. Israel and the casa slip, they are not active in the world producing, but the region is very important, the middle east. Pu
Still be using. The death toll since hamas launched its attacks on saturday has now reached 1200. 700 have been killed in israel, including 260 at a music festival. Reuters reports this figure includes 73 soldiers thats according to the Israeli Military. And more nearly 500 have been killed in gaza, after israel launched retaliatory air strikes. 33 of those are thought to be children. Lets take the scene live now in gaza. In the last few minutes and hours we have seen a number of strikes by Israeli Military, also as we have been hearing the Israeli Defence minister has announced he has called for a total blockade of the city. This is a densely populated area of land, home to 2. 2 Million People and what he is saying is that there will be no food, water or fuel allowed is that there will be no food, water orfuel allowed into is that there will be no food, water or fuel allowed into the gaza city. Now they completely rely on these things from the outside world. Militants from the Palesti
With more on this, im joined by nitesh shah. He joined by nitesh shah. Is head of notties. Thank yo being he is head of notties. Thank you for being with us, so, we are flirting with this 95 barrel level, production has been cut. That is why prices are going up. It is fair to say this is opec plus, russia and saudi arabias plans bearing fruit . Yes, so, To Peck Group and in particular russia and saudi arabia have been angling for tightening up the market to push prices to these levels, they have extended recently extended their supply cuts against market expectations, that is what drove it above 90 but we are close to 95 now, that a recent leg in movement in oil prices has been driven by the tight innocence the market n the us Storage Levels are going to record lows and in past months what we are finding, despite to peck saudi arabia, russia particular driving down production, us was making up for that, us production was rising, now that seems to have come to an end, us production is c
Efforts will be seen today. Lyse doucet, our efforts will be seen today. Lyse so russia and ukraine lawyers doucet, our chief efforts will be seen today. Lyse doucet, our chief international in court, side by side, correspondent, thank you very much. Arguing their cases. Were hearing, first of all, from russia. So how did we get here . Well, a few days after russian tanks rolled across the border, more women have come forward with allegations ukraine brought this case about Russell Brand. The Times Newspaper says several women have to the International Court contacted its journalists since saturday, when it published the accounts of four women ofjustice, claiming that russia who accused the comedian of raping or sexually assaulting them. Was abusing the Genocide Convention mr brand has denied those claims by claiming falsely genocide and insisted all his relationships were consensual. Was being committed in eastern David Silitto reports. Ukraine, in order to try to justify what russia
illnesses in children in the north of the country. beijing has attributed the increase to the lifting of covid restrictions. and hundreds of thousands of arrivals in the uk, a blow to time for a look at the business news now. we start with a stark warning from the international energy agency. in a new report, the global energy watchdog say the gas and oil industry needs to vastly cut its emissions to reach climate goals. the iea say the oill and gas sector will have to cut emissions two)by 60% by 2030 to keep global warming to an increase ofjust 1.5 centigrades, and by 75% to reach the 2050 net zero goal. the report was released ahead of the united nations climate summit, or cop28, which begins in dubai next week. the iea call this a moment of truth for the oil and gas industry. the moment of truth is for the oil and gas companies to decide if they are going to be partners in the fight against climate change or not. and some of the data that we have suggests that, for the mom