In the latest fighting, israel has bombed a building in central beirut. Both Israel And Hezbollah have reported a second day of intense fighting on the ground in southern lebanon. Oil prices jumped on tuesday over supply fears, with markets regAining ground as investors seemingly come to terms with the escalation in tensions. Lets have a quick look at the price of oil, once agAin today, more than a i once agAin today, more than a i increase, the price of oil just below 75 per barrel. It would look at the Share Markets in asia, its an interesting picture were seeing. Japan is seeing a bigjump, Over2 because of the yen has weakened significantly on anticipation of what might happen in the japanese Economy But Hong kong is down over 3 . Big profit taking going on in hong kong, over the last few days there we have seen rapid increases on these markets in response to chinese stimulus so chinese stocks have had a real rise in recent days. Today, profit taking going on there but elsewhere, as
In retaliation for the barrage of missiles launched by tehran two days ago. On tuesday, iran fired 180 missiles across large parts of israel. It came in response to the israeli military s Ground Invasion of southern lebanon. The conflict has continued to escalate overnight. Lebanons Health Ministry says five people have been killed in a strike on a medicalfacility in beirut. The Israeil Military confirmed it had carried out a Precision Attack on a building said to be affiliated with the iran backed armed group hezbollah. Our Correspondent Peter bowes has the latest. More explosions ring out overnight in lebanon. The Israeli Army says it conducted a precise attack on bachoura in central beirut. The first raid in the heart of lebanons capital. Lebanese officials say at least five people were killed and 11 injured in this israeli strike on a medical facility, a building affiliated with hezbollah. Earlier, the lebanese Health Ministry confirmed at least 46 people have been killed in israel