And coming up on bbc news arsenal drop points in the race for the Premier League title after losing to aston villa. They are now two points behind manchester city. Good afternoon. Israels war cabinet is meeting now to discuss options for retaliation against iran after its drone and Missile Attacks on saturday night. Israel says 99 of the iranian weapons were safely intercepted. One senior israeli minister says his country will exact a price on iran for the attack when the timing is right. But World Leaders are urging israel to show restraint. From jerusalem, heres Yolande Knell. Israels air defences called to action. In the early hours on sunday, fighterjets battled waves of iranian drones and missiles, fired at israeli targets. It marked the first time iran has attacked israel directly from its own soil. Explosions could be heard widely, Including Injerusalem and tel aviv. Israel says that 99 of more than 300 drones and missiles launched by iran were intercepted. Some of those that go
Of its choosing. Oil prices are particularly volatile, given the regions role in producing a commodity so vital to the functioning of the Global Economy. Well, oil prices have actually been falling and thats because many traders think the risk of escalation is already factored in to the price. The American Bank citigroup though is warning that if there is more direct conflict between the two, oil prices could soar above 100 a barrel. And its likely that all of this will dominate the agenda for central bankers and Finance Ministers who are gathering this week in washington dc for the annual International Montary fund and world bank meetings. Ahead of that, the head of the imf Kristalina Georgieva has been warning the Global Economy faces a sluggish and disappointing decade amid all the uncertainty. Any impact, as small as it might be, is not desirable in an economy with high uncertainty. And inflation still not being brought down to target, very simple, oil prices go up, inflation goes