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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 ....
Good afternoon. Irans Supreme Leader has defended his Countrys Missile Attack on israel earlier this week as totally legitimate. Leading Friday Prayers in tehran for the first time in five years, Ayatollah Khamenei said it was the minimum Punishment Israel deserved. Overnight, there were more israeli Air Strikes on lebanon, including one near a Border Crossing which israel says targeted a tunnel used by hezbollah. Our diplomatic correspondent, caroline hawley, has the latest. This was designed as a show of strength from a regime deeply humiliated by a series of devastating blows to its al ....