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 w
Has been happening here. The israeli Prime Minister, benjamin netanyahu, has instructed the Israeli Military to continue fighting with full force against hezbollah In Lebanon, despite growing calls for an immediate ceasefire. This was a statement released by his office just a few hours ago. Mr Netanyahus Office said that he had not even given a response to a proposal by the us and france for a 21 Day Ceasefire. The key thing is they will continue with full force. The World Leaders were hoping to have a period of negotiation, ofjust have a period of negotiation, of just trying to have a period of negotiation, ofjust trying to de escalate but at the moment it is difficult to see whether that will be successful. The israeli Foreign Minister has said that therell be no ceasefire until they achieve victory over hezbollah. Some of Netanyahus Coalition partners in his government have also been speaking out against it. The Israeli Military is targeting infrastructure on The Border there, infra