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but will it last? rebecca babin is a senior energy trader at cibc private wealth. she gave me her predictions. i think the concern right now is really concentrated on the longer shipping time. the market is not pricing in that we actually lose barrels from the market as a result of what is happening in the suez canal. what it is concerned with right now and the reason it has risen 6% is because the shipping costs associated with travelling around the southern tip of africa to reach its destination adds around 15 days of travel time. it increases freight costs. and it has increased in...

—— around 0.32%. some reprieve, but will it last? rebecca babin is a senior energy trader at cibc private wealth. she gave me her predictions. i think the concern right now is really kind of concentrated on the longer shipping time. the market is not pricing in that we actually lose barrels from the market as a result of what is happening in the suez canal. what it is concerned with right now and the reason it has risen 6% is because the shipping costs associated with travelling around the southern tip of africa to reach its destination adds around 15 days of travel time. it incr...

is a state agency controlled by erdogan, has a wide sweep... the other is in opposition leaning news agency. both of them now are reporting the same result which is that president erdogan looks like he is about to get another five years in power. he has gone over that 50% line which is needed to be turkey's next president. kilicdaroglu, his challenger has been speaking this evening in ankara, talking about dark days ahead, he says the turkey. people have been taken aggravating here all day. as soon as soon as abating finished at five o'clock, those ballot boxes were opened and the vo...

negotiators locked in a stalemate with a little more breathing room. the treasury department estimating the u.s. will go into default on june 5th, giving both sides an extra four days to reach a deal. some republicans refusing to pass a deal unless their demands are met. what is at stake for millions of americans. 12 people taken to the hospital with respiratory issues. geo bonito standing by. the holiday travel rushes on. 42 million americans expected to drive or fly over the long memorial day weekend. more passengers expected to fly since before the pandemic. severe storms from tex...

hello, i'm matthew amroliwala — welcome to verified live — three hours of breaking stories, and checking out the truth behind them. let's start with two big political stories on the move today in the uk, the first regarding the current home secretary, the second concerning borisjohnson. the british prime minister rishi sunak says he believes suella braverman did not breach the ministerial code. the home secretary, one of mr sunak�*s senior ministers, was accused of asking civil servants to help her avoid taking part in a group speed awareness course after she was caught speedin...