Oil Prices Surge and stocks tumble as barrage of missiles in the Middle East prompts supply fears in a region that accounts for a third of global oil production. Us Trade Paralysis dockworkers threaten to continue striking for as long as necessary with ports along the East And Gulf coasts remaining shut for a second day. Also on the programme, could technology bring extinct species back to life . We speak to the boss of a De Extinction Company hoping to resurrect the Woolly Mammoth. Live from london, this is business today. Lets start with the Middle East, where, as weve been reporting, israel has warned of grave consequences after iran launched a barrage of missiles at targets across the country on tuesday. Oil prices have been surging as traders fear a full scale regional war could disrupt Energy Supplies to the global market. Brent crude rose as much as 5 to 75. 40 a barrel in intraday trading. Lets Take A Look at the latest Oil Price now. Up up1. 36 , up 1. 36 , 74 up1. 36 , 74 and
Our maIn sTory. The IsraelI PrIme MInIster, BenjamIn Netanyahu, says Iran wIll pay a terrIble prIce for launchIng a barrage of mIssIles Towards sItes across Israel. Tehran saId It had concluded Its mIlItary actIon, but warned of further attacks If Israel retalIated. Around 180 mIssIles were fIred across large parts of Israel, IncludIng Jerusalem And Tel avIv. Most were Intercepted. Its been confIrmed that brItIsh troops were Involved In supportIng Israel. In a statement Last NIght, prIme MInIster KeIr Starmer warned that the MIddle East Is now On The BrInk. Well be speakIng To our correspondents across the regIon throughout the mornIng, and gaugIng polItIcal reactIon, as well, but fIrst wIth the latest from jerusalem, Jon DonnIson reports. AIrraId sIren. Israel was warned It was comIng. But thIs was Irans revenge. Almost 200 ballIstIc mIssIles raInIng In across the country. ExplosIons. 0k, guys, we got To get off the roof. These are comIng down rIght next To us here. As people ran for