Oil Prices Surge and stocks tumble as barrage of missiles in the Middle East prompts supply fears in a region that accounts for a third of global oil production. Us Trade Paralysis dockworkers threaten to continue striking for as long as necessary with ports along the East And Gulf coasts remaining shut for a second day. Also on the programme, could technology bring extinct species back to life . We speak to the boss of a De Extinction Company hoping to resurrect the Woolly Mammoth. Live from london, this is business today. Lets start with the Middle East, where, as weve been reporting, israel has warned of grave consequences after iran launched a barrage of missiles at targets across the country on tuesday. Oil prices have been surging as traders fear a full scale regional war could disrupt Energy Supplies to the global market. Brent crude rose as much as 5 to 75. 40 a barrel in intraday trading. Lets Take A Look at the latest Oil Price now. Up up1. 36 , up 1. 36 , 74 up1. 36 , 74 and
Our maIn sTory. The IsraelI PrIme MInIster, BenjamIn Netanyahu, says Iran wIll pay a terrIble prIce for launchIng a barrage of mIssIles Towards sItes across Israel. Tehran saId It had concluded Its mIlItary actIon, but warned of further attacks If Israel retalIated. Around 180 mIssIles were fIred across large parts of Israel, IncludIng Jerusalem And Tel avIv. Most were Intercepted. Its been confIrmed that brItIsh troops were Involved In supportIng Israel. In a statement Last NIght, prIme MInIster KeIr Starmer warned that the MIddle East Is now On The BrInk. Well be speakIng To our correspondents across the regIon throughout the mornIng, and gaugIng polItIcal reactIon, as well, but fIrst wIth the latest from jerusalem, Jon DonnIson reports. AIrraId sIren. Israel was warned It was comIng. But thIs was Irans revenge. Almost 200 ballIstIc mIssIles raInIng In across the country. ExplosIons. 0k, guys, we got To get off the roof. These are comIng down rIght next To us here. As people ran for
Rockets across the border, israel replying in kind with Strikes Tonight inside beirut. We will get reaction from New York and from lebanon. Also tonight Keir Starmer s first speech to a Labour Party Conference, as Prime Minister. The speech offered some detail of what he wants to achieve while in office. We will have reaction from liverpool. And would you take a flight 50 mins longer across the atlantic, if you were told the Plane Hello and welcome. The Secretary General of the United Nations Antonio Guterres says the world cannot afford for lebanon to become, what he called another gaza. Mr guterres was speaking as clashes between Israel And Hezbollah intensified. In his speech to the Un General Assembly us president Joe Biden said full Scale War was in no one s interests. But diplomacy has its limits. The two sides are inching towards full Scale War. Today international airlines suspended more flights to lebanon amid an israeli bombardment that authorities say has killed almost 560 p
Chief Ursula Von Der Leyen. It comes a day after President Biden said the us planned to build a Temporary Port In Gaza. Well have the latest reaction from washington And Jerusalem. Also on the programme. Joe biden delivers a fiery State Of The Union speech, setting out the key issues likely to feature in his re Election Campaign and takes a swipe at his president ial rival donald trump. But has he done enough to stop the doubters. The Great Barrier reef is showing signs of strain after record high sea temperatures, undergoing another mass bleaching event. The un has been warning that gaza faces famine and that children there are dying from hunger. It says there have beenoverwhelming obstacles when it comes to getting aid into the territory. But on friday a potential breakthrough the uk says it willjoin the us and other allies to create a maritime corridor to deliver essential aid directly to gaza. Ajoint statement from the uk, us, eu, cyprus and the United Arab Emirates said. The plan
We will have a special programme in 30 minutes. Hello, im nicky schiller. We start in the United States where President Biden has delivered his last state of the Union Address before the president ial election in november. In a fiery speech he warned that the us is facing a greater threat to its freedom and democracy than at any time since the presidency of Abraham Lincoln in the 1860s. He repeatedly took swipes at donald trump, using the term, My Predecessor 13 times. He described mr trumps recent remarks about nato as unacceptable. Mr biden said he had inherited an economy on the brink after the turmoil of covid pandemic, but it was now the envy of the world. But it was his repeated attacks on mr trump which drew the biggest cheers on capitol hill. Nomia iqbal has the story from washington. Cheering. This was President Biden s make or break moment to show americans why he should be re elected. No pressure. Good evening. If i were smart, id go home now. Laughter. It was a more fiery s