Enthusiastic audience, im sure. We ask you to be respectful, remind everyone that holding up signs or making verbal outbursts is disruptive and appropriate action will be taken if need be. This morning, we have a hearing on a matter that is really of pressing National Security importance. That is the relationship of the United States and for that matter the world with iran. This hearing is intended to do three things. Number one, we will consider the facts behind the maximum Pressure Campaign against iran. We will examine the elements of irans necessary Behavioral Changes that would satisfy u. S. And the worlds National Security interests. And thirdly, assess irans willingness to behave as a responsible member of the International Community. Their pursuit of regional domination following 1979 revolution transformed the fabric of the middle east. Dangerouslyregime weaponized religion against its neighbors. The regime triggered a sunnishieh war, threatens to unravel the greater middle ea
This is just over 2 1 2 hours. T. Foreign Relations Committee of the senate will come to order. The chair would note we have a full house today and an enthusiastic audience, im sure. We ask you to be respectful, remind everyone that holding up signs or making verbal outbursts is disruptive and appropriate action will be taken if need be. This morning, we have a hearing on a matter that is really of pressing National Security importance. That is the relationship of the United States and for that matter the world with iran. This hearing is intended to do three things. Number one, we will consider the facts behind the maximum Pressure Campaign against iran. We will examine the elements of irans necessary Behavioral Changes that would satisfy u. S. And the worlds National Security interests. And thirdly, assess irans willingness to behave as a responsible member of the International Community. Their pursuit of regional domination following 1979 revolution transformed the fabric of the midd
Cutore than half of the kingdoms output and it sparked fears of a Global Supply crunch. Th result was t biggest oneday gain for domestic crude prices in almost 11 years. They rose 15 after having been h as m 20 . And the shock rippled through reher markets as well. It sent s of exxon mobil and chevronigher making them two of the best performing stocks in the dow today. Refiners took a hitecau many depend on saudi arabias distinct heavyru and off shore oil drillers rose. Oil stocks fell on concernsab t higher fuel costs. Cruise lines came under pressure for fear that the price spike could become a drag on their earnings as well. So what happens next . Thats the question many areas ng and one that sema mody sent out to answer. Repter the attacks on a Saudi Oil Production facilities are unprecedented in the global oil industry. 5. 7 Million Barrels of daily Oil Production were knocked offline, roughly5 of the daily oil prodtion. This is theargest single day disruption of oil supply. This
Machines and infrastructure back online. Juliette the u. S. Announces a trade deal with japan. For the president , it was important to get a win. The boe stays cautious as the brexit outlook remains uncertain. If you look at the details and negotiations, there is still such a long way to go. Juliette plus, a special bloomberg series highlights Climate Change with expert analysis from every angle. The average global temperature is going to go up a lot. We have to fight Global Warming and have intelligent Climate Change policy. Policy shifts being made are creating new markets. Juliette it is all straight ahead on bloomberg best. Juliette hello and welcome. Am Juliette Saly this is bloomberg best, your weekly review of the most Important News and analysis from around the world. Lets start with a look at the headlines. The week began with a geopolitical shock that jolted oil markets while raising tensions across the middle east and beyond. Saudi Aramco Oil Facilities hit by an airstrike.
For the president , it was very important to get a win. Juliette the boe stays cautious as the brexit outlook remains uncertain. If you look at the details and negotiations, there is still such a long way to go. Juliette plus, a special bloomberg series highlights Climate Change with expert insight and analysis from every angle. The average global temperature is going to go up a lot. We have to fight Global Warming and have intelligent Climate Change policy. Policy shifts being made are creating new markets. Juliette it is all straight ahead on bloomberg best. Hello and welcome. I am juliette saly. This is bloomberg best, your weekly review of the most important Business News, and interviews from Bloomberg Television around the world. Lets start with a look at the headlines. The week began with a geopolitical shock that jolted Global Oil Markets while raising tensions across the middle east and beyond. Saudi Aramco Oil Facilities hit by an attack over the weekend. Strikes have cut saud