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Transcripts For BBCNEWS The 20240705

this is bbc news. the headlines. more than 100 people die in iran in two explosions near the grave of a top revolutionary guards commander. warnings of higher prices and a delay on goods as commercial ships avoid the red sea because of rebel attacks. on verified today, we have been investigating one hospital under attack in gaza in a series of health facilities which have been affected by the war. and this history making teenager is on target for further glory. 16 year old luke littler could tonight become the youngest player to win the world darts championship. returning to events in the red sea. the governments of the uk, the us and ten other countries have released a joint statement warning yemen s houthi rebels that they will bear the responsibility of the consequences if they continue to attack ships travelling through the red sea. the governments warn that the attacks are a direct threat to the freedom of navigation that serves as the bedrock of global trade and

Transcripts For BBCNEWS World 20240706

of solidarity for hamas. as a result, some of the world s biggest shipping firms have suspended services through the world s most important route for oil and fuel shipments. with more context, here s our business reporter david waddell. let s have a look at the geography of the situation. right here is the bab al mandab strait. it s right next to yemen, from where those houthi attacks originated. it s at the southern end of the red sea. at the northern end is the suez canal. now, ships cannot pass through the suez canal from the south without first passing through this choke point. a couple of days ago, the maersk shipping container company and hapag lloyd both announced they wouldn t be making that transit. they ve since been joined by other shipping companies. now, if you re a ship master trying to get your vessel from the indian ocean to the atlantic ocean and you cannot or will not traverse through suez, you need to pass by the cape of good hope. that adds an extra 3,000

Transcripts For BBCNEWS World 20240706

song all day. we begin in egypt where officials insist traffic is flowing normally through the suez canal despite recent attacks further south in the red sea. iranian backed rebels in yemen have repeatedly targeted commercial vessels, leading some of the world s biggest shipping firms to suspend routes in the area. with more context, here s our business reporter david waddell. let us have a look at the situation. there are where the attacks occurred. at the northern end is the suez canal. you can t make your way unless you first pass this checkpoint. two companies. maersk, the container company and hapag lloyd another big shipping container company have both announced that they would not be making that passage. you have to pass the cape of good hope in south africa. that adds nearly 11,000 nautical miles to thejourney. adds nearly 11,000 nautical miles to the journey. there is another separate issue for the ships trying to traverse through the atlantic ocean and the pacific o

Transcripts For BBCNEWS World 20240706

business reporter david waddell. let s have a look at the geography of the situation. right here is the bab al mandab strait. it s right next to yemen, from where those houthi attacks originated. it s at the southern end of the red sea. at the northern end is the suez canal. now, ships cannot pass through the suez canal from the south without first passing through this choke point. a couple of days ago, the maersk shipping container company and hapag lloyd both announced they wouldn t be making that transit. they ve since been joined by other shipping companies. now, if you re a ship master trying to get your vessel from the indian ocean to the atlantic ocean and you cannot or will not traverse through suez, you need to pass by the cape of good hope. that adds an extra 3,000 nautical miles to thejourney. and there are other issues for ships trying to traverse from the atlantic to the pacific ocean through here. the panama canal is accepting many fewer ships right now because

Transcripts For BBCNEWS Verified 20240706

this is bbc news. the headlines: israeli air strikes pound the south and north of gaza. us defence secretary lloyd austin says the us has spoken to israel about making the war in gaza are more surgical. so we will continue to stand up for israel s right to defend itself and we will also continue to urge for the protection of civilians during the conflict, and to increase the flow of humanitarian aid into gaza. en verify, we look at how the war is impacting en verify, we look at how the war is impacting this trade route for oil in the impacting this trade route for oil in the red impacting this trade route for oil in the red sea. and the bbc understands the democratic unionist party has ruled out any deal to restore power sharing in northern ireland before christmas. time for a look at the business news now with tadhg. we are also talking about the potential looming crisis in world oil shipping. the oil giant bp has supended all shipments of oil through the red sea afte

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