Around the globe, and the white house has turned a blind eye, especially the last year or two because its been trying to smooth relations between iran and the western world. But now if the white house decides to enforce those sanctions, that means supply from iran would be cut off and coming at a time when oil supplies have been tightening because saudi arabia and russia, the two largest exporters of oil in the world, who are also part of 0pec , have collectively been reducing 1. 3 Million Barrels of oil per day since july and there is a good chance it may continue next year as well. So if this happens there will be a scenario where there will be less oil supply, more demand, and that leads to higher prices. Even though Major Oil Producers are not directly involved in the conflict it has still sparked uncertainty as far as oil prices are concerned. Talking about that was azlin ahmad, covering crude oil markets in the middle east and asia pacific and she told me that yesterdays spike in
A clothing graveyard image of land desert. This is where things wealthy industrial nations no longer need and lightest textile ways get stranded fashion. Watch now on youtube, the a low price, a spike in the wake of a conflict between israel and homos, will find out what a region on edge could mean for World Economy already and term miles. Leaders are hoping to restart the World Economic engine at the i, m f and world bank and meet in morocco will get the latest from america and taking a stand with flip flops. Ill post business supporting the L G B T Q Community ahead of elections. Im of the, the now welcome to the show. Global oil prices have done since the have mazda attack on israel. The price spike is driven by worries that the sold could escalates into a regional conflict. And then tangle Oil Producing nations and surviving fear. As of yet another period of High Energy Prices that could fuel inflation around the worlds last week, the price of oil hovered around 85. 00 a barrel dow
[bleep] they just is literally move methodically forward, peeling away all those barriers and hen the people themselves. Free, free palestine [inaudible conversations] [background sounds] [bleep] neil man, oh, man, what a weekend. We are not done, my friends. Welcome, everybody. After that we are now looking at more potential problems this weekend as a crackdown at several antiisraeli protests continue to overrun colleges and universities. At least one Graduation Ceremony has been disrupted by it and at least one canceled because of it and we, well, were all over it with the former police chief in l. A. And served that same function in new york, bill bat bratton, on how authorities can put a stop to it and congresswoman Virginia Foxx who Will Ban Loan Forgivenesses from students participating in it. Plus, another week in new york in a courtroom for the former president of the United States. Right now courting donors and potential Running Mates in palm beach, florida. Can he position hi
Fight against in place and promising to end years of financial turmoils and pop way has noticed a new currency backed by gold, when it helps stabilize the economy and hit by costs. The boy costs in the middle east of the war on garza mcdonalds is now buying back of it, says wally restaurants, the oil prices are at the highest level in some Central Banks of keeping a close eye on the markets for the 1st time since october. Brent crude, thats the international benchmark. Talk 90. 00 a barrel last week that prestons the rise in gasoline prices in the us and elsewhere, were igniting fizz over inflation. The increase in prices as being driven in part by jo political tensions in the middle east supply sharks off to several output costs by opec and its allies also pushing up prices as well. The grids of Major Oil Producers started slashing production inmates 2022. Saudi arabia is leading the latest round of cost bosses not alone. Russia to wait on the United Arab Emirates of also agreed to lo
To end years of financial turmoils and pop way has launched a new currency backed by gold. When it helps stabilize the economy and hits by cost the boy costs in the middle east of the war on garza mcdonalds is now buying back of it, says wally restaurants. The oil prices are at the highest level in some Central Banks of keeping a close eye on the markets for the 1st time since october. Brent crude, thats the international benchmark. Talk 90. 00 a barrel last week that prestons the rise in gasoline prices in the us and elsewhere, were igniting fis over inflation. The increase in prices as being driven in punched by jew political tensions in the middle east. Supply sharks off to several output costs by opec, and this allies are also pushing up prices as well. The grids of Major Oil Producers started slashing production in late 2022. Saudi arabia is leading the latest round of cost bosses not alone. Russia to wait on the United Arab Emirates of also agreed to lower the output from april t