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Hezbollah is part of the political game here in lebanon. It is almost the only party that is, you know, armed and lebanon and also has representation in the parliament. But has engaged in fights and conflict with israel since it started in 19805 until this latest confrontation that we are living these days. Frank, a lot of people i think certainly after the attack we saw a couple of nights ago, that unprecedented attack in terms of Scale And Size that iran launched on israel. One question which people are asking is why did iran Attack Israel and will israel now Attack Iran . Ok, so this really goes back to april the 1st, when the israeli Air Force carried out an airstrike on Irans Consulate in damascus, killing a number of Iranian Revolutionary Guards officers, including allegedly the man who was coordinating the flow of arms from iran through syria to hezbollah in lebanon. And that was an attack on a diplomatic premise, the intern ....
Is Israel. ThIs Is where also one of the reasons of the conflIct, hezbollah Is part of the polItIcal game here In lebanon, It Is almost the only party that Is armed In lebanon and has representatIon In the parlIament. It has engaged In fIghts and conflIcts wIth Israel sInce It started In 19805 untIl thIs latest confrontatIon we are seeIng these days. ConfrontatIon we are seeIng these Dam ConfrontatIon we are seeIng these deve confrontatIon we are seeIng these days these days. Frank, a lot of eole these days. Frank, a lot of peeple after these days. Frank, a lot of people after the these days. Frank, a lot of people after the attack these days. Frank, a lot of| people after the attack that these days. Frank, a lot of people after the attack that we saw a couple of nIghts ago, the unprecedented attack In terms of Scale And SIze that Iran launched on Israel, one questIon people askIng Is, why dId Iran Attack Israel and wIll Israel now Attack Iran . {lIla Israel now Attack Iran . Ok, thIs ....
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 mar ....
September. How do you expect that to feed through into InflatIon ExpectatIons and impact the us economy . I think riaht now impact the us economy . I think right now the impact the us economy . I think right now the focus impact the us economy . I think right now the focus is right now the focus is definitely on crude oil. A lot of people are drawing comparisons to what happened when the war in ukraine started. When you take a Look Oil surged Io . With this incident it surged 5 in some of that is because we have us productIon at record highs. Opec was undecided over increasing productIon. This is a moment where investors are trying to get a sense of how are the actual supply disruptIons going to unfold in the coming weeks and months. Right now the market was pretty content that this inflatIon and that trend was going to remain and now they are scratching their heads to see will this ....
Im nowjoined by our North America Business correspondent ritika gupta. What is it that markets make of what they are saying . They are nervous because they dont know whats going to happen next. Yes. The mood of nervousness. Little change now but losses off the back of those Middle East tensions. There is a dent to risk appetite. Markets dont like Uncertainty And Risk now is can this respondent is this going to blow into wider war. One of the sectors that is bucking the trend and going higher Todays Energy stocks and that is off the back of oil as you mentioned. It was up as much as 3 today and continuing again from yesterday over Supply Disruption concerns. Yesterday we saw some of those Safe Haven assets like gold, we are seeing some of Varese Today but i still think overall there is this wait and see mode and a very risk of town. Is this Waitandsee Mode and a very ri ....