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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 ....
Now on Bbc News political thinking with nick robinson. Hello, And welcome to political thinking a conversation with, rather than a newsy interrogation, of someone who shapes our political thinking about what a shape theirs. My guest this week has just celebrated ending the longest Train Drivers strike in history a strike that was blamed for crippling the railways And angered many, many travellers. His members haVe Got a 15 Pay Rise over three years. He is Mick Whelan, The General secretary of aslef. He said that his members strength, resilience, And determination was what had won that Pay Rise others say it was down to his crafty negotiation style. ....
And conflict. And we speak to a professor of japanese history about how accurate the hit series shogun is. We start this hour in the middle east, where at least 20 people have been killed and hundreds injured in a new wave of attacks in lebanon this time it s walkie talkies that have been detonated. The latest blasts come just 2a hours after pagers used by the armed group hezbollah exploded simultaneously across the country killing at least 12 people and leaving more than 3,000 in hospital. Iran which backs hezbollah has described the attacks as mass murder. Hezbollah is blaming israel and has vowed to retaliate. Israeli defence minister yoav ....