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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 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 ....
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 ....
Temporary solutions to the problems of a regional war. This 83 year Olds Home was one of more than 100 houses damaged here. Everybody was scared because there is a blast. This 83 year Olds Home was one of more than 100 houses damaged here. Everybody was scared because there is a blast. It was an enormous blast. And when we get out of the shelter, we saw something not from this world. All the houses where with a glass, no windows, no doors. The impact site, around 100 metres from his front door, another what if. This is the second time in six months that iran has attacked israel directly. Actions that were once seen as red lines are now becoming routine. Each time, the line between Message And Miscalculation is paper thin. And each time, demands a response. Israels Prime Minister Last Night promised a response would come. Translation iran made a big mistake tonight, and it will pay for it. The regime in iran does not understand our determination to defend ourselves and to retaliate agai ....
Sunshine, particularly in the north and west. Some Rain In the forecast across areas that are already saturated in central and eastern england. All of the details shortly. Its tuesday, the first of ocTober. Israeli Ground Forces have crossed inTo Southern Lebanon, marking an important new escalation of their offensive against hezbollah. The incursion follows weeks of heavy blows by israel against the lebanese armed group, including the killing of its long time leader, Hassan Nasrallah. Israel says its targeting the iran backed group hezbollah, which is designated as a Terrorist Organisation by Western Governments, including the uk. Here, the Foreign Office has announced that a Chartered Commercial Flight Will Leave Beirut on wednesday To help any british nationals wanting To Leave Lebanon. It isa it is a complicated situation this morning. In the last few hours, explosions and smoke have been seen close To the border between israel and lebanon, with the israeli military warning residen ....
Around the world. This is a Special Edition of the Situation Room Wolf blitzer im Kasie Hunt in the new Yorks Spin Room for Tonights Vice President ial debate. And wolf, most of the missiles were intercepted, but there were of course, a few hits in central and Southern Israel this is new video of an iranian missile striking an israeli airbase. This is a base that iran tried to hit back in april theres only moments ago, kasie, i spoke to former israeli Prime Minister Naftali Bennett and he told me this is the Moment Israel needs to take out or runs nuclear facilities all this is coming as israel is continuing to target hezbollah targets in lebanon just moments ago, he Israeli Military issuing new Evacuation Orders for Southern Beirut this is a very densely populated area where hezbollah holds a lot of Sway Jeremy Diamond is standing by his germany yes. From gadara in israel, jeremy, what have you learned so far about the damage on the ground caused by these iranian Ballistic Missile str ....