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Transcripts For BBCNEWS BBC 20240703

What do we know . Welcome away caettin what do we know . Welcome away getting information what do we know . Welcome away getting information from what do we know . Welcome away getting information from various l getting information from various iranians sources and other News Agencies that provide pretty good understanding of what happens in iran but isnt necessarily full confirmation. So what weve heard is the president Ebrahim Raisi was travelling in a convoy and we here this from at least one iranian source of three helicopters over East Azerbaijan and that one helicopter had to make what was described as a rough, hard landing. That helicopter has emerged over the past half an hour or so and it seems almost certainly to have had president vasey on board, not only president vasey on board, not only president raisi but also the reigning Foreign Minister on board. This is an area where is mountainous, its wooded and we are hearing from these sources that there is a particularly bad Wea

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Transcripts For BBCNEWS BBC 20240703

Is currently unclear whether the president was on board the helicopter that state media says was involved in the accident, so there were three helicopters in this convoy. One of them had what state media are calling a hard landing. There is a lot of heavy rain and fog in the area and we are just seeing the mp for the city where the convoy was heading has told reporters in tehran that Emergency Rescue workers have yet to find the location of the president s helicopter, and heavy rain and fog has made the rescue very difficult. They are saying of the three helicopters, to have landed safely but there is no news on the third. Some reports do say they were carrying the president and Foreign Minister but we have had no confirmation of that at the moment and i amjoined in confirmation of that at the moment and i am joined in the studio by mike colleague. You have been monitoring the state media in iran. What is the latest as we know . You have presented what is the latest as we know . 7m, ha

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Transcripts For BBCNEWS World 20240703

The concern has been that this conflict in israel, between israel and hamas would lead to a widening Global Crisis that would threaten the Global Oil Supply and thats why we have seen these crude Oil Prices Rise in the last week, rising up 7. 5 , marking its biggest weekly rise since february. This morning we are seeing that we can to steady and there are a couple of reasons why there are a couple of reasons why the market is changing its tune is one of them is Bank Earnings which we pointed out on the other is present by the s planned a visit to israel. We can start with President Biden and his visit comes at a crucial type and is being taken by investors as a signal that the crisis might see efforts to be contained. We are seeing that temperance not only in the price of crude oil but also with investors pulling back slightly from some of the safe haven assets, things like cold gold and stable currencies and treasury bonds. When we get to the big Bank Earnings, this is earning season

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