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have no plans to respond at this point. and they say they don't have confirmation of who this is. the israelis up until now have not commented and are probably unlikely to comment. but they have said we will respond in some way. we have no choice but to respond. and they have done that at about 4:00 a.m. iran time. let's bring in our business presenter ian king who can give us a sense of how the markets are responding. >> yes. most of the action as you would expect has been in crude. we have low out u.s. retail sales figures early in the week. and that has put the markers on the notion the federal reserve. widespread concerns about inflation have been bearing on the brent price. it is trending at just about

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