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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
Reached. Leadership of the Bidenharris Administration is facing questions this morning. Todd questions not just on the strike, White House is accused of not doing enough for Communities Hit by Hurricane Helene and moments like this are not helping anyone. What do the states need after what you saw today . The Storm Zone . Which storm are you talking about. Carley after devastation of Hurricane Helene, Symbol Of Hope Stands in North Carolina. The story of the wooden cross that has weathered the storm. You are watching fox and friends first, im carley shimkus. Todd im todd piro. Lets get to Madeleine Rivera on the deal to end the strike. Madeleine members of international Longshoremens Association are back to work today. Union representing Dock Workers saying they at the united states maritime alians have extended the contact until january 2025. As part of the offer ports propose 62 Wage Hike over six years. If a deal is not reached within 90 days, that is off the table. Other members th
North carolina, more than 200 are dead, hundreds listed as missing as we speak at this hour. Helenes wrath relentless. A Living Nightmare for millions across the south. Most deadly hurricane since katrina. We watch the devastating fallout. Back on the job. Striking Dock Workers reaching a tentative deal to open up u. S. Ports. We got the Jobs Number for september. 254,000 jobs added. This after the fed cut rates by half a point. How does this all factor in now . Well look at that as we begin. Dana has the day off. Im Bill Hemmer live in new york city. Hello to you. Good to be with you on a job day. Cant wait to dig into that. Im Sandra Smith and this is americas newsroom. The tentative Dock Workers would give them a 60 raise. That pushes the deadline past election day. Bill convenient. That and the Jobs Report are good for Kamala Harris. The economy is still seen as a liability in the election. It is Human Nature to attribute your current economic situation to the people in office for
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