00:00We're keeping an eye on oil prices after Oman cleared all vessels from its key export oil
00:05terminal and two tankers were attacked in Iraqi waters. The war jitters are overshadowing a
00:11record release from the IEA and President Trump's earlier comments that the U.S. has won the war
00:16against Iran. Well, it's only good if you win, you know, you can only do. And we've won. Let me
00:23say we've won. You know, you never like to say too early you won. We won. We won the bet
00:29in the
00:29first hour it was over. Let's bring in Horizons, Middle East and Africa anchor Jumana Versace.
00:36Jumana, bring us up to speed with developments that are driving the oil supply concerns.
00:43Yeah, well, Hazenda, there's a lot going on overnight and viewers will probably notice that
00:48I'm not reporting from the office today. And that is because out of an abundance of caution,
00:53many financial institutions have been advised to stay away from DIFC, which is the main financial
01:00hub in Dubai. And to be clear, there hasn't been a formal evacuation order that's come through from
01:04DIFC. But out of an abundance of caution, financial institutions, including Goldman Sachs, Standard
01:11Chartered, Citi, have all advised that employees to work from home if they're available to work from
01:16home. And similar, of course, for us, Bloomberg, we are situated in DIFC. Just over the last 12 hours
01:24here in the UAE, we've received three missile alerts. There was a high rise building in Dubai that was
01:32also struck or got hit by an intercepted drone. And yesterday, we were talking also about a drone that
01:40was intercepted near Dubai airport, causing suspended operations for a limited amount of time before
01:46people were injured. But then, of course, this is just the UAE. More broadly speaking, we continue
01:51to wake up to news of more interceptions over oil fields in Saudi Arabia, more hits at diplomatic
01:58quarters in Iraq, Kuwait, and an ongoing barrage of attacks that are also taking place in Israel,
02:07Israel, which has really amplified in the last 24 hours or so. And in return, the joint U.S. and
02:14Israeli operations in Iran continue to escalate. Also on the Lebanon front as well, the latest news
02:19suggesting that more than 600 people have died in Lebanon and 700,000 displaced.
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