Including against its oil industry which has helped fund its military activities and those of its proxies across the middle east. Data from Energy Analytics firm, vortexa, suggests that in the first three months of this year, iran exported more oil than at any time in the last six years, with most of it going to china. Iran currently produces about 3 of the worlds oil supplies. Earlier i spoke to Philip Worman who is a senior Managing Director we have heard about new sanctions from the us and uk, targeting executives of an Engine Manufacturer that supplied the drones iran used in that attack on israel. Companies also linked to irans Steel Industry are being targeted. Earlier i spoke to Philip Worman who is a senior Managing Director at Risk Consultanchs held. Philip advises on sanctions risk. Well, its interesting. Even with the recent Missile Attacks on israel, the price of crude really hasnt gone up in the same way that you saw with previous geopolitical shocks. So crude is kind of p
In iphone sales as customers wait for the ten Year Anniversary phone. We talk you through the tech giants latest numbers. And as the french prepare to make their choice on sunday, we look at the contentious issue of immigration. Welcome to World Business report. Im sally bundock. Also in the programme, the impact of trumps visa Review Infosys says it will hire 10,000 americans. Details in a moment. But first, apple is the worlds most valuable company and it made another huge profit in the first three months of the year. But it was a bit of a mixed bag. The california based firm sold just under 53 billion worth of products as it continues to dominate the smartphone market. But surprisingly iphone sales actually fell by 1 mainly because customers are holding off purchases while waiting for the 10th Anniversary Model expected this autumn. They still sold over 50 million of them though and more of their expensive seven plus smartphone. Apple shares were down 2 in after hours trading but th
Aus north korea as a brutal regime after a us student that was imprisoned there guys. Stay hydrated, as the uk heatwave continues. Imprisoned there guys. Imprisoned there has died. Good morning. Its tuesday 20th june. Im annita mcveigh. Welcome to bbc newsroom live. The Serious Fraud office has charged barclays and four former executives including former chief Executivejohn Varley with fraud over the banks dealings with qatar at the height of the financial crisis. Barclays raised Emergency Funding from qatar in 2008 to avoid a government bail out. Now barclays has become the first bank to Face Criminal Charges for actions during the financial crisis. With me is ben thompson. The first Senior Executives to face charges over alleged activities in that period of the financial crisis. Tell us more period of the financial crisis. Tell us more about what the charges are. You have two turn the clock back to 2008, the height of the crisis. Three of the biggest banks said they we re three of th