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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 warn ....
September. How do you expect that to feed through into InflatIon ExpectatIons and impact the us economy . I think riaht now impact the us economy . I think right now the impact the us economy . I think right now the focus impact the us economy . I think right now the focus is right now the focus is definitely on crude oil. A lot of people are drawing comparisons to what happened when the war in ukraine started. When you take a Look Oil surged Io . With this incident it surged 5 in some of that is because we have us productIon at record highs. Opec was undecided over increasing productIon. This is a moment where investors are trying to get a sense of how are the actual supply disruptIons going to unfold in the coming weeks and months. Right now the market was pretty content that this inflatIon and that trend was going to remain and now they are scratching their heads to see ....
of kherson, which has been occupied by moscow since the early days of the invasion. it comes as ukrainian forces launch a long awaited counter offensive in the south of the country. now on bbc news, the travel show. each day, before the sun rises in northern chile s atacama desert, people venture up and up. across bumpy terrain to where the altitude is high enough to make you light headed. the air is thin and even in summer, the temperatures are near freezing. so, these are one of the main draws for tourists coming here to the atacama desert. an incredible place, it is the largest geyser field in the southern hemisphere. and here in the andes mountains, at over 4,000 metres, it s the highest in the world. but what i find especially incredible is that we re in the atacama desert i m sure you ve heard of it the driest place on earth. but i m notjust in chile sightseeing. i ve come because bubbling up in this country has been an appetite for change. sirens wail. 30 yea ....
of a blackmail plot. the midfielder, who left united forjuventus this summer, claims he s being targeted by an organised gang. it comes after his brother posted a video online in which he promised to publish great revelations about the player. french police are investigating. gibraltar can officially call itself a city, 180 years after it was first granted the status by queen victoria. the british overseas territory had bid to become a city earlier this year as part of the queen s platinum jubilee. but when researchers looked through the national archives, they found it had already been recognised as one in 1842. i m joined now by the head of the government, chief minister of gibraltar, fabian picardo. welcome, thank you forjoining us. this is an extraordinary turnabout in events? it this is an extraordinary turnabout in events? , ., , ., this is an extraordinary turnabout inevents? , ., , ., ., , in events? it is really not anything new. the gibraltar in events? it ....
identity cards issued by kosovo. kosovo has an ethnic albanian majority and has declared independence from serbia. the chancellor nadim zahawi says middle income earners, as well as low earners, will need government help to pay energy bills this winter. it comes as another minister defended the decision to wait until a new prime minister is in place before any announcement on further support is made. on friday, the regulator 0fgem confirmed a dramatic 80 percent rise in the energy price cap from october for england, wales and scotland, taking the average annual household bill to more than three and a half thousand pounds. here s our business correspondent marc ashdown. help is coming. that s the message from the chancellor on rocketing energy bills. but when, how and who will receive it remains difficult to tell. in an interview with the daily telegraph, nadim zahawi warns high bills could be here to stay for the next two years, and says while he s concerned about helpi ....