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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 ....
Im nowjoined by our North America Business correspondent ritika gupta. What is it that markets make of what they are saying . They are nervous because they dont know whats going to happen next. Yes. The mood of nervousness. Little change now but losses off the back of those Middle East tensions. There is a dent to risk appetite. Markets dont like Uncertainty And Risk now is can this respondent is this going to blow into wider war. One of the sectors that is bucking the trend and going higher Todays Energy stocks and that is off the back of oil as you mentioned. It was up as much as 3 today and continuing again from yesterday over Supply Disruption concerns. Yesterday we saw some of those Safe Haven assets like gold, we are seeing some of Varese Today but i still think overall there is this wait and see mode and a very risk of town. Is this Waitandsee Mode and a very ri ....
Blamed Donald Trump. Who has been the Vice President for the last three and a half years. Youre running mate. Not mine. Real leadership would be saying you know what . I screwed up. We will go back to Donald Trumps border policies. This is what happens when you dont want to solve it you demonize it. Israels right to defend itself is fundamental. Those close to Donald Trump understand how dangerous is he when he is this dangerous. For people to fear the United States you needed peace through strength. You said you were in Hong Kong during the deadly tiananmen protest. I im a Knuckle Head at times. I misspoke on this. I want us as a Republican Party to be profamily in the fullest sense of the word. Donald trump put this all into motion. He brags about how great it was that he put the judges in and overturned roe v. Wade. We ....
This is the live scene in beirut, as bbc teams report hearing explosions in the capital s southern suburbs israel has ordered the evacuation of three areas. Meanwhile the uk government has chartered a flight to help british nationals leave lebanon, scheduled to leave beirut on wednesday. It s as israeli tanks were seen gathering at the border on monday. Israel s defense minister yoav gallant said the military is prepared to use forces from the air, land and sea to allow thousands of displaced israelis to return to their homes in the north. Meanwhile, the deputy chief of hezbollah, ....
To their homes in the north. Meanwhile, the deputy chief of hezbollah, naim qaissem, said the groups fighters are ready to confront an invasion. He acknowledged the assassination of leader, hassan nasrallah, was a big blow but said all fallen commanders would soon be replaced. We have corresponded around the world reporting on this developing story. Anna foster is in beirut, lucy williams is in israel, and joe photo is in jerusalem and tom bateman is in washington. Firstly let s hear from lucy. We ve been hearing helicopters overhead for a while now and also the sound of artillery, some distance away, earlier, a series of loud explosions that we heard here ....