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 this week. One Oil Market Watcher told us he is astounded by the president s comment. In over 15 years of covering the energy markets, reporting them and dare i say, trading on the markets as well, i have never seen anything. This is quite unprecedented. Whether its off the cuff or not, for a sitting us president , just a little over four weeks from the american president i
The stone, the fuel that will bring home the remaining 101 hostages. I am honest, and i say its not that hersh was perfect, but he was the perfect son for him, and i am so grateful to god for 23 years i was privileged to have the most stunning honor to be hershs mama. Truly heart breaking Eulogies Yesterday from the parents of hersh goldberg. Pollin. His body and the bodies of five other hostages were recovered over the weekend in southern gaza. Their deaths ignited massive protests across israel, putting more pressure on Benjamin Netanyahu to reach a Ceasefire And Hostage deal. Well go through all of that in just a moment. Plus, well bring you the latest from the Campaign Trail as we are now just over two months from election day. Good morning, and welcome to Way Too Early on this tuesday, september 3rd. Im jonathan lemire. Thanks for starting your day with us. We have a lot to get to this morning, and we will begin this morning with the recent and heart breaking developments out of T
if gas prices keep rising. fuelling controversy. opec slashes production to boost oil prices, sparking an angry reaction from president biden. plus too broke for beauty? women around the world say they are cutting back on cosmetics so how is the industry responding? we ll hear from a top entrepreneur. we start here in the uk, where as you ve been hearing, prime minister liz truss has been presenting her plans to boost the economy in her keynote speech to the conservative party conference in birmingham. she re stated her commitment to lowering taxes just two days after being forced to abandon a pledge to cut income tax for the highest earners. markets remain nervous about the outlook for the uk s finances under ms truss s government after the mini budget statement on september 23rd that sent the pound to a record low and borrowing costs soaring. but she argues the disruption will be worth it. whenever there is change, there is disruption. and not everybody will be in f
The Dow Jones Industrial Average rose 86.8 points, or 0.22%, at the open to 38762.43. The S&P 500 rose 14.6 points, or 0.29%, at the open to 5142.42, while the Nasdaq Composite rose 52.2 points, or 0.32%, to 16208.537 at the opening bell.
The dollar was steady on Friday, heading for its strongest weekly performance since July on scaled back expectations of steep and early interest rate cuts this year ahead of closely watched U.S. payrolls data later in the day