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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 ....
Sunshine, particularly in the north and west. Some Rain In the forecast across areas that are already saturated in central and eastern england. All of the details shortly. Its tuesday, the first of ocTober. Israeli Ground Forces have crossed inTo Southern Lebanon, marking an important new escalation of their offensive against hezbollah. The incursion follows weeks of heavy blows by israel against the lebanese armed group, including the killing of its long time leader, Hassan Nasrallah. Israel says its targeting the iran backed group hezbollah, which is designated as a Terrorist Organisation by Western Governments, including the uk. Here, the Foreign Office has announced that a Chartered Commercial Flight Will Leave Beirut on wednesday To help any british nationals wanting To Leave Lebanon. It isa it is a complicated situation t ....