Many customers across the globe will subdue white house has chosen to turn a blind eye, especially over the last year or two years, because it has been trying to smooth relations between iran and the western world, but now if the white house decides to enforce those sanctions, that would mean that the supply from iran would be cut off and this would come at a time when oil supplies have been tightening because saudi arabia and russia, the two largest exporters of oil in the world, also part of opec plus can have collectively been producing Oil Production by 1. 3 Million Barrels by day since july and will continue doing it until the end of year. There is a good chance it may continue into the next year as well for so this happens, there will be a scenario where there will be lesser oil supply, a scenario where there will be lesser oilsupply, more a scenario where there will be lesser oil supply, more demand and that would lead to higher prices. And that would lead to higher rices. . ,.
Begun bombarding gaza, cutting off electricity and water, and building up troops along the border. More than 500 palestinians have been killed in almost two and a half thousand strikes. Our International Editor jeremy bowen, has been following the days of intense violence. Inside gaza it looks every bit as if palestinians are feeling the full force of Israeli Military power. Israel says hamas is responsible for the suffering of gazas civilians. And its retaliation for the hamas attack is only just begun. Hamas has threatened to start killing its israeli hostages. The air strikes rolled on, hour after hour. Palestinian armed groups undeterred, kept up their own barrage of israel. Our bbc team was in ashkelon in southern israel not far from the gaza border when a salvo came in. Ashkelon is so close to guard so that there is no more than a ten second warning. Israel is moving in more fire power. The next stage of the offensive against hamas looks certain to be a Ground Offensive, much big
Christine lagarde and ivanka trump have in common . They have gathering to close the gender gap. Yep, some of the worlds most powerful women take action on equality. But they have got a big task, because according to some, closing the gap between sexes could take 170 years. And how to get from a to b in a whirlwind, and avoid those horrible traffic jams. We are taking a look at the big business of choppers. Welcome to World Business report. Im aaron heslehurst. Some of the worlds most powerful people from business and politics are meeting in berlin today. They also happen to all be women. It is part of an initiative called w20, set up by 20 of the worlds leading nations. So who is going, and what is it all about . Attending the summit will be Christine Lagarde, the head of the imf, angela merkel, the chancellor of germany, and ivanka trump, daughter and special assistant to the president of the united states. The group wants to highlight the issue of womens economic participation and e
The latest poll try High Definition cameras to ensure our roads is safe. I mean first of all and lets do business if donald trump has his way a radian oil exports will cease next month ramped up sanctions will hit hard the International Monetary fund expects the runs recession to deepen saying the economy could for tracking by six percent. Here in tehran people are exchanging reales as fast as they can faith in the iranian currency has fallen dramatically it now takes a stack of them one hundred forty four thousand at the moment to purchase a single dollar and most people fear the u. S. Sanctions will drive the rio down even further. Of course the countrys revenues are going to drop and maybe the real value will drop as well in the end the pressure that theyre putting on us is pressure on the people. You know you some people have fixed limited wages like us. When prices rose we had to
change a lot of things our rent went out. Then we were forced to spend our money on rent instead of fo
if we had that, we would rise to the top because we have more energy when you add oil, gas and coal. but the truth is america is pumping oil at a faster rate than ever before. us oil production is forecast to average an all time high of 12.8 million barrels a day this year, and will keep growing to 13.1 million a day in 202a. when you look at those figures, i m not sure whyjoe biden is why public in saintjoe biden is turning off the taps. he s not even sticking to his campaign pledge to cut oil production on federal land, so why is that the rhetoric that we are getting from republican leaders? unfortunately we are in a political season where lots of candidates are trying to score points, but the reality is we are still creating