It has come down slightly, Nudging Par 77 a barrel. To explain why markets responded so quickly on thursday, heres our economics editor, faisal islam. In the aftermath of irans ballistic Missile Attack and as we wait for news on Israels Response there has been a rise in the price and that means since the attacks it is up 10 to over 77 a barrel on the Brent Crude measure, still down on the year because of local economic concerns but the spike up economic concerns but the spike up occurred immediately after president biden added to Suggestions Israel would target Irans Oilfacilities. Reporter would you support israel striking Irans Oil facilities . Israel striking Irans Oil facilities . ,. , facilities . We are discussing that. I facilities . We are discussing that. |think facilities . We are discussing that. L think that facilities . We are discussing that. I think that would facilities . We are discussing that. I think that would be i facilities . We are discussing that. I think that w
Your people back into their homes, you dont escalate to deescalate. And obviously now, with the iranian retaliation, israelis are in their shelters as they go into the new years holiday weekend. Ben . Yeah. I think, you know, since October 7th, the Biden Administration has had a number of goals, one was to provide support to israel as it aims to go after hamas, but then also one of the principle goals of u. S. Diplomacy since October 7th had been avoiding deescalation into lebanon, precisely because i think there was an understanding that lebanon could be kind of the Trip Wire to this broader regional war that essentially, you know, it is one thing if there is a conflict In Gaza, that alone is destabilizing enough and is obviously brought a tremendous Human Toll and has grinded on for a full year. But the concern has always been that if israel launched a Ground Operation and significantly escalated things in lebanon that could draw iran into a conflict in a direct way as were seeing to
Forces along its northern border with lebanon. According to one u. S. Official, the idf is planning for a limited Ground Operation that could begin at any moment now. Israeli commandos have been conducting smaller operations over that border in preparation. Just two days after hezbollah confirmed its leader was killed in a massive Idf Strike in southern beirut. A 2,000 Pound Bunker busting bomb, according to an expert who spoke with Nbc News, dropped on the u. S. Designated terror groups headquarters. It follows the detonation of thousands of pagers and walkietalkies and promises they will do whatever it takes to secure the northern border. In addition to killing the hezbollah leader, they killed hamass leader and dropped bombs on Power Plants and Shipping Infrastructure used by the houthis in yemen. The goal, to harm or disable Irans Axis of resistance. The danger, a war in The Middle East that drags in u. S. Forces in. The u. S. Has been able to convince israel to scale back plans fo
Early voting underway in several states performer President Trump he is campaigning in Battleground Pennsylvania this afternoon. Vice president Kamala Harris remains out west for a rally in another swing state. And that of nevada. Running mates at Jd Vance, Tim Walz are preparing to debate each other facetoface in just two days. A much more on all of that. But first, israel took out the head of transit 17 was expanding its attacks against irans proxies. Israels military it says it struck houthi in Terror Targets in yemen near a key port that has been used to ship iranian weapons throughout the region. Meantime israel also keeping up the Pressure Idf said they killed another about that iran that Groups Commander that is at least seven taken out and just over a week. On Friday Israel eliminated hezbollah leader and the bold airstrike on beirut. A wave of targeted killings that have wiped out almost all of the iranian backed Terror Groups and leadership. The radical islamic terrorists and
Place. I want to get your thoughts on what the President Elect and first priorities will be, especially regarding the priority economy. He talks about a new and Progressive Schleicher in his manifesto, which emphasizes production, good policies, which means promoted agriculture and many factory. I think his first actions will be talking to the International Monetary Fund where they say they work within that framework, would also try to negotiate some of the harsh austerity measures, and there would be a lot of emphasis on Transit Route out the corruption that has plagued Sri Lanka for so long. Are corruption that has plagued Sri Lanka for so long. Lanka for so long. Are those two Issues Lanka for so long. Are those two issues about lanka for so long. Are those two issues about speaking i lanka for so long. Are those | two issues about speaking to the imf and addressing corruption in the country, are the links i all given the history that Sri Lanka has had in the past . History that Sri