Irans Oil Industry after comments by President Biden. Welcome to business today, live from new york, i m ritika gupta. Share prices in the us have been searching after great news regarding the us economy. The strike on the East Coast ports has also been suspended. It is not all positive news, though. Oil markets are still reeling from a comment by President Biden on thursday that the White House is discussing whether to support an attack by israel on Irans Oil facilities. This is how one of the key benchmarks Brent Crude was trading in the last 15 minutes if it stays at these levels it will be up around 10 per cent this week. One Oil Market Watcher told us he is astounded by the president s comment. In over 15 years of covering the energy markets, reporting them and dare i say, trading on the markets as well, i have never seen anything. This is quite unprecedented. Whether its off the cuff or not, for a sitting us president , just a little over four weeks from the american president i
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
At westminster magistrates Court Today. This is the scene there live were going to leave the live pictures on the side of your screen, so we wont miss his arrival. Its not certain he will be sentenced today. The Chief Magistrate may decide he doesnt have sufficient Sentencing Powers and could send the case Up To a crown court. So we are continuing to monitor that live scene there at westminster magistrates court, where we are expecting the 63 year old to appear for that hearing. We will continue to monitor that on the side of your screen. Monitor that on the side of yourscreen. But monitor that on the side of your screen. But now, to our other main story today. Donald trump has said he is safe and well, after what the fbi described as a second apparent Assassination Attempt against him. A secret Service Agent spotted an Assault Rifle poking out of bushes on the former president s Florida Golf Course within several hundred metres of where he was playing. The agent opened fire. The susp
Children, seven were said to be of an extreme sexual nature. Two involved a child between the ages of seven and nine. When he appeared in the Court Backin when he appeared in the Court back injuly, his barrister told the Court Mr edwards did not keep any images, did not send any to anyone else and did not and has not sought similar images from anywhere else. We also had he had Mental Health and physical health problems. The prosecution asked the magistrate to consider a suspended Sentence But Prison is a possibility. There are other options like a Community Order or sending him on a sex offender programme. We should find out more whether the sentencing is going to take place after ten oclock when the hearing starts. No doubt about it, this is a huge full from grace. One of the Bbc Newss biggest star is now a convicted criminal awaiting his punishment. Convicted criminal awaiting his punishment punishment. Talk to us a little bit more about punishment. Talk to us a little bit more about
Possibility that magistrates sends the case to the Crown Court if he feels he does not have sufficient sentencing powers. A reminder of the case. Huw edwards were sent hundreds of explicit images over a 16 month period, 41 of them involved children, seven were deemed to be of an extremely serious sexual nature and two of those images involved a child between the ages of seven and nine. Injuly, when he made and nine. Injuly, when he made an appearance here, when he pleaded guilty, his barrister spoke to the court saying that mr edwards did not keep any images, did not send any to anyone else and did not and has not sought to similar images from anywhere else. The prosecution asked the magistrate to consider a suspended sentence but a Prison Sentence as possible. But there are other options, such as a Community Order or being sent on a sex offender programme. He has arrived, the hearing is about to start imminently. Like i said, a large Media Presence here today with many wondering what