Irans Oil Industry after comments by President Biden. Welcome to business today, live from new york, i m ritika gupta. Share prices in the us have been searching after great news regarding the us economy. The strike on the East Coast ports has also been suspended. It is not all positive news, though. Oil markets are still reeling from a comment by President Biden on thursday that the White House is discussing whether to support an attack by israel on Irans Oil facilities. This is how one of the key benchmarks Brent Crude was trading in the last 15 minutes if it stays at these levels it will be up around 10 per cent this week. One Oil Market Watcher told us he is astounded by the president s comment. In over 15 years of covering the energy markets, reporting them and dare i say, trading on the markets as well, i have never seen anything. This is quite unprecedented. Whether its off the cuff or not, for a sitting us president , just a little over four weeks from the american president i
Security Inspector General and the red flags are really flying everywhere on this. Im Harris Faulkner and you are in the faulkner focus. This report lays out dismal failures by the Bidenharris Handling of illegal immigrants. A small portion of this is a quote. Under current processes, Cbp And Ice cant insure they are keeping highrisk noncitizens without identification from entering the country. Additionally, tsa cannot insure it is Vetting And Screening procedures to prevent highrisk noncitizens who may pose a threat to the flying public from boarding domestic flights. If this continues, they may inadvertently increase national security risks. Thats the quote. Those agencies are pushing back saying they are not to blame. They say they simply dont have the resources or legal standing to detain every noncitizens that does not have valid documents, even to reduce possible dangers. Former national Border Patrol Council president brandon judd. Its extremely frustrating to every Border Patro
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 will this be a big shock to inflatIon. In additIon to this Oil Surge we have a Dock Worker Strike which could also
Everybody. Blame Donald Trump, who has been the Vice President , your running mate, not mine. We screwed up, go back to Donald Trumps border policy. Israel is fundamental, those closest to Donald Trump understand how dangerous he is when the world is this dangerous. For people to fear the United States, you needed peace. You said you were in Hong Kong. Im a knuckle head, i misspoke on this. I want us to be profamily in fullest sense of the word. Donald trump put this all into motion. He put judges in and overturned roe v. Wade. Well just ask wealthy to pay their fair share. Kamala harris ought to cut taxes now for american workers and families. Kamala harris is bringing a new way forward. Shes been Vice President for 31 2 years, we need a new direction. Steve good morning, that was a midwestern match up. Live in New York. Lawrence is in michigan this morning. We do postgame show for the first and only Vice President ial debate, heavy on policy. Nominees kept it civil, which was refresh
Blamed Donald Trump. Who has been the Vice President for the last three and a half years. Youre running mate. Not mine. Real leadership would be saying you know what . I screwed up. We will go back to Donald Trumps border policies. This is what happens when you dont want to solve it you demonize it. Israels right to defend itself is fundamental. Those close to Donald Trump understand how dangerous is he when he is this dangerous. For people to fear the United States you needed peace through strength. You said you were in Hong Kong during the deadly tiananmen protest. I im a Knuckle Head at times. I misspoke on this. I want us as a Republican Party to be profamily in the fullest sense of the word. Donald trump put this all into motion. He brags about how great it was that he put the judges in and overturned roe v. Wade. Well just ask the wealthiest to pay their fair share. If Kamala Harris has such great plans how to address Middle Class problems then she ought to do them now. Cut taxes