if the conflict spreads to other parts of the region especially iran, it could immediately impact well prices because even though iran has been under sections for the last two years it has pumped well quietly and provided them to customers across the globe. the white house has turned a blind eye especially with the last year or two because it s been trying to smooth relationships between iran and the western world. now if the white house enforces the sanction that means the supplier from sanction that means the supplierfrom iran could be cut off and comes at a time when oil supplies have been tightening because saudi arabia and russia, the two largest exporters of oil in the world, also part of 0pec+, have been reducing oil production by 1.3 alien barrels per day and will keep doing it until the end of the year. there is a good chanceit the year. there is a good chance it could continue into next year as well so if this happens and they will be a where there will be less oil
we ll look at some presidential errors. also, unreal and overoptimistic. for the nhs and welfare state if britain leaves the eu without a trade deal. that s the opinion of the former prime minister sirjohn major. and the greek economic crisis it goes from bad to worse, we ll speak to the former greek finance minister yanis va roufakis. i m katty kay in washington christian fraser s in london. big increases in defence spending offset by cuts to domestic agencies and the state department that s what president trump wants from his first budget. he s promised one of the greatest military build ups in american history , and briefings by the white house suggest the increase could be more than 9%. also today, the defence secretaryjim mattis is due to deliver his plan for defeating the self styled islamic state group. this is what donald trump had to say earlier about the military. we must ensure that our courageous servicemen and women have the tools they need to deter war, a
the story is a bit different and the president fares a bit better. he now has a six-point edge over mitt romney, topping the 50% mark for the time in that survey. in an interview with nbc he talked about his accomplish ams in the face of republican opposition. even with a bunch of obstruction over on capitol hill, we ve been able to save an auto industry. we ve been able to take 750,000 jobs being lost a month and move it so it s 250,000 jobs being created this month. we ve been able to make sure that we ended the war in iraq on schedule. we ve been able to make sure that we ended policies like don t ask, don t tell. so we ve been able to get a lot done, not as fast as we want. sometimes it s messy. the process is frustrating. the president also tops newt gingrich in a head-to-head matchup and i m going to be speaking with newt gingrich s daughter and campaign adviser jackie gingrich-cushman just moments from now. and facing a deadly and growing anti-government uprisi