TRTWORLD — Africa Matters
20260915 080000 UTC
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[00:00:04] of of
[00:00:12] of
[00:00:12] of
[00:00:17] of of
[00:00:21] Hello there, very warm welcome to TRT World, you're watching the Newshour live
[00:00:25] from Istanbul, with me Neil Harvey, coming up in the next 60 minutes, the
[00:00:29] conflict. in Yemen is escalating, the Saudi led
[00:00:33] coalition has struck the Ansar
[00:00:35] Alathis in Thais province, that's as the Iran back group pushes
[00:00:38] of into government held areas. Riad wants military
[00:00:42] assistance from the United States, but reports claim that Washington is reluctant to
[00:00:46] offer anything beyond Intel. Tensions are also high in the straight of
[00:00:49] Homus. Iran's media says
[00:00:52] of that Tehran has downed
[00:00:53] an american drone. Iran's also accused the United States of
[00:00:57] targeting its fishing boats and the two countries what... have conflicting accounts
[00:01:01] about what happened in attack on an oil tanker there, tech giant
[00:01:05] in anthropics
[00:01:06] of calling for kill switch, is AI technology grows ever more
[00:01:09] of powerful, but President Trump is not concerned, in fact he's dismissed such
[00:01:13] warnings as being part of hoax, as the fight over AI
[00:01:16] regulation
[00:01:17] of heats up, and amid war and dwindling supplies in Gaza, we're going to take a
[00:01:21] look at how the region's only animal shelter is fighting to keep the
[00:01:25] animals that he's been caring for
[00:01:28] of alive, those stories are much more on the way, This is your news
[00:01:30] hour.
[00:01:43] in a
[00:01:47] The fighting between Yemen's Anserala Huthi group and
[00:01:51] Saudi-backed government is spreading with both
[00:01:55] of sides continuing to launch attacks overnight, triggering fears
[00:01:59] of a full-fledged war, three people,
[00:02:02] of including two children have been killed in Saudi led coalition air strikes in
[00:02:06] Yemen's Taise province, that's according to Huthyrum media, two others have been
[00:02:10] injured in strikes elsewhere. Saudi
[00:02:12] of Arabia had said it would respond firmly to Huthy attacks
[00:02:16] of injured 13 civilians in three Saudi cities on
[00:02:19] Monday. Earlier Riad issued
[00:02:21] of emergency alerts in
[00:02:22] of six cities before later declaring the danger had passed. The alerts come as the
[00:02:26] Hutis advance along Yemen's Red Sea coast towards.
[00:02:30] the babandab straight, key global shipping route. At least
[00:02:33] 125,000 people now have been displaced, more than
[00:02:36] 2,0 people fleeing to dzibouti since the start of September,
[00:02:40] according to the United Nations. Insecurity is restricting
[00:02:44] humanitarian access and supplies are
[00:02:46] a running critically low. We appeal
[00:02:50] to the humanitarian organizations and the international
[00:02:54] community to intervene and provide shelter for these families
[00:02:58] and ensure that they receive. food, water, clothing
[00:03:02] and accommodation, we appeal to humanitarian organizations and the
[00:03:05] international community to intervene and provide shelter for these families and
[00:03:09] ensure that they receive food, water, clothing and
[00:03:13] a accommodation. okay, let's get an update
[00:03:17] now from mohammed
[00:03:18] of alatab, of joins me live from the yemeny capital. what can you tell us then
[00:03:21] about the the
[00:03:22] of latest facing on the
[00:03:26] of ground? yes. the
[00:03:30] current development what we are witnessing the the
[00:03:34] of continuation
[00:03:34] of the air strikes on areas under the control of all these
[00:03:38] particular according to
[00:03:39] of hothy media outlets they said that the air strikes have
[00:03:43] targeted
[00:03:44] of regions in saada, kitaf and
[00:03:46] also they also mentioned that the
[00:03:50] other air
[00:03:51] of strikes of have targeted
[00:03:53] in the the governmental compound in the mud khadir
[00:03:57] district in tas especially
[00:03:59] of also the continuation
[00:04:00] of the air strikes that continue on the
[00:04:04] areas that have been
[00:04:05] of recently taken on on by the houthies and particular
[00:04:09] the mokaport city
[00:04:11] a where they have targeted lubab and also they targeted alkhukha
[00:04:15] which is to the to the to the
[00:04:18] of north
[00:04:18] of the mocapot city which was also recently
[00:04:22] a taken by the his in their advance towards the most
[00:04:26] important and strategic coastal port city of muka.
[00:04:30] Also the other air strikes also are taking place in other regions,
[00:04:34] but so far the his continue to
[00:04:38] reach attacks against Saudi Arabia, but so far the recent uh
[00:04:42] declaration by the Houthies during his press, he mentioned that they have attacked
[00:04:45] the king Khalid
[00:04:48] a airbase in khamis musheid and also
[00:04:50] a tive the accused Saudi Arabia
[00:04:51] of the
[00:04:52] of the continuation
[00:04:53] of their attacks on their positions and they threatened that they will
[00:04:57] would further escalate and further attack. the the
[00:05:01] Saudi oil facilities and also ports
[00:05:04] in in retaliation to what they say for the
[00:05:07] Saudi continue continued blockade on their areas and their
[00:05:11] seaports uh and also we are witnessing also the
[00:05:14] the continuation the
[00:05:16] the international internationally recognized
[00:05:19] governmentts forces advanced towards the areas
[00:05:23] under the control thehies the recent of which was
[00:05:27] their advance towards the the region the district of
[00:05:31] shamayatain which have been retaken by the inter by the
[00:05:35] internationally recognized government so far the latest
[00:05:38] developments are having its impact on the humanitarian situation
[00:05:42] people. are continue to suffer, especially from the areas and which
[00:05:45] have recently witnessed this flash out of
[00:05:49] violence uh after the advance the hudis towards mocapot
[00:05:52] city, now we are witnessing nearly
[00:05:56] 85,000 people have been displaced and the this
[00:06:00] situation continue to deteriorate as the access of
[00:06:04] humanitarian as the humanitarian aid
[00:06:07] access towards the regions where the violence is taking place is
[00:06:11] difficult. for the international humanitarian aid
[00:06:15] agencies. addition to capturing the
[00:06:19] port city of Morka, um, the Houti forces also seem to have set their
[00:06:23] sights on the energy rich married province. have
[00:06:27] these extensive saudi air strikes done anything to
[00:06:30] slow their advances in that
[00:06:32] direction?
[00:06:55] administration meanwhile has reportedly ruled out direct
[00:06:58] military support for Saudi Arabia against the hoothis offering intelligence
[00:07:02] assistance. instead. our correspondent Andy Roschen has
[00:07:06] details on
[00:07:07] that. as
[00:07:10] Saudi Arabia decried Hooti attacks on Monday that it
[00:07:14] says injured over dozen civilians, the Saudis vowed to
[00:07:18] step up their retaliation under the United Nations rules of
[00:07:22] self-defense. But Riyad will not be getting military help from the
[00:07:25] Trump team, which is rejecting the idea of US air strikes on
[00:07:29] the hooties, and instead offering intelligent support.
[00:07:33] The US did launch a couple months of air attacks on the hooties
[00:07:37] last year and lost some plains in the process. The Trump team
[00:07:41] reportedly does not... want to open up new front in the conflict and wants
[00:07:45] to concentrate on the war with Iran, but Washington does paint a
[00:07:49] picture that the U.S. has things under control. uh,
[00:07:53] we've been in constant contact with the Emirates, the Saudis and others who are
[00:07:56] affected in the region, so it's something the United States administration is very much
[00:08:00] top of. uh, we've also been engaged in direct conversations
[00:08:04] with the hoothies themselves. it's notable that the US is
[00:08:07] communicating directly with the hooties. presidential administrations
[00:08:11] don't normally... communicate with groups that they consider terror
[00:08:15] organizations. tensions between the Saudis and the Houtis
[00:08:18] escalated in June, when after year's long
[00:08:22] truce, houti delegation returned to Yemen following the
[00:08:25] funeral of Iran's supreme leader, and the
[00:08:29] Saudis bombed the airport so that the
[00:08:32] delegation could not land there, they had to land in Hoda,
[00:08:36] Hodeba instead, and with the encouragement the
[00:08:39] Iranians, with intelligence support from the Iranians, "the Houti's decided
[00:08:43] that they would retaliate. I think it was really ill-advised the Saudis
[00:08:47] and apparently they were encouraged by the Trump
[00:08:50] administration to interfere with that Houti
[00:08:53] delegation. And the world is beginning to feel the effects the recent
[00:08:57] attack on Saudi Arabia's east-west pipeline, which is
[00:09:01] believed to carry around 5% the global oil
[00:09:04] supply. Reuters reports that repairs to the pipeline
[00:09:08] could take five to six weeks. On Monday, oil prices hit.
[00:09:12] $110 a barrel, about $16 below the
[00:09:16] peak reached during the Iran war, and in the US, the price
[00:09:20] of diesel, which powers the shipping industry, has hit record daily
[00:09:24] highs for about a week, already fueled by the war in
[00:09:27] Iran, Ukrainian attacks on Russia, and by China
[00:09:31] limiting its exports to save more oil for itself, and
[00:09:34] now by the conflict between Saudi Arabia and the
[00:09:38] Hootis. Andy Roschup, TRT
[00:09:40] World. Okay, let's bring in Khalid
[00:09:44] Dower, the managing editor of Al-Adam Weekly. Welcome to you
[00:09:48] Khalid. With the hoothies seemingly gaining ground, and
[00:09:52] you couple that with Saudi Arabia reportedly asking for wanting military
[00:09:56] assistance from the United States, does that suggest that
[00:09:58] actually um, the Saudi Led coalition, despite all of its air
[00:10:02] strink is struggling to contain the hoothies
[00:10:04] militarily. Well, thanks for having me,
[00:10:08] obviously that's the case, and the surprising quick.
[00:10:12] the pro government forces supported by Saudi, enabling
[00:10:16] the Hithis to control the strategic city of mocca and get
[00:10:20] closer to Babel Mandab straight is very
[00:10:24] clear. evidence the trouble
[00:10:27] facing the Saudi backed government and even the Saudi
[00:10:31] military effort inside Yemen itself, as you know
[00:10:34] there was a long war between Saudi Arabia and the hoothis in Yemen
[00:10:38] for at least six years before reaching a very shaky truth
[00:10:42] and definitely the linkages between the
[00:10:45] hies and Iran, considering that Iran is their main
[00:10:49] backer is very important factor to
[00:10:53] consider in this ongo escalation
[00:10:56] while the United States is tightening the squeeze on the Iranians in
[00:11:00] the straight of hormos, it's very clear that the
[00:11:04] Iranians managed to push the houties to open another very
[00:11:07] important front to further to further put pressure
[00:11:11] on the US administration to stop its war and reach some sort of an
[00:11:15] agreement. now I mean this is not officially confirmed, but there are reports in the
[00:11:18] media that the US is reluctant to offer Saudi Arabia
[00:11:22] anything beyond intelligence information that... at this point, does
[00:11:26] this, if that was the case, would that suggest you there, perhaps
[00:11:30] increasingly strained relationship, because this is a USA asking for help,
[00:11:34] it seems like it needs that help, why would the US not be
[00:11:37] forthcoming? well, probably the United
[00:11:40] States has learned from the experience the bombing campaign they
[00:11:44] led almost like slightly more than year ago against Yaman for
[00:11:48] almost two months, as you mentioned in your report, and after that kind of bombing
[00:11:52] campaign, President Trump obviously. admitted
[00:11:55] the truth that the Saudis learned over many years, which is that the
[00:11:59] geographic nature of Yemen, the the kind of
[00:12:03] group, the Hothis and their ideology makes it difficult
[00:12:06] to totally end the presence and the
[00:12:10] control of this group over big parts and influential parts of
[00:12:14] Yemen, so I mean there are conflicting reports to be honest, Neil,
[00:12:18] between the fact that the Saudis have asked for military
[00:12:21] support or they were asking for the US diplomatic support. As we have
[00:12:25] seen uh J. Devans, the vice president the United States said that they were in
[00:12:29] direct contact with the houties, so probably uh within the current
[00:12:33] complicated situation within the war against Iran, the United States is
[00:12:37] not willing to open another major front, and it was pretty significant the
[00:12:41] statement made by Trump by saying that practically speaking he doesn't
[00:12:44] have a problem with the Hithies, that they assured them that the US ships
[00:12:48] will be able to navigate through the Red Sea and that they only had a problem with one
[00:12:52] country which is Saudi Arabia, there are... other reports that
[00:12:55] Gulf nations are reconsidering their relation with the United
[00:12:59] States because of failing to listen to their desire to
[00:13:03] end this war or to put their interest into consideration, but
[00:13:06] generally speaking, it seems that the Saudis are inching closer
[00:13:10] towards seeking diplomatic settlements with the Hothis and not
[00:13:14] escalate, because the world cannot take the closure of Babel Manda beside
[00:13:18] the straight of hormos and I'm sure that President Trump recognizes that because already
[00:13:22] the price of oil is over $107. so if we close the
[00:13:26] Babel Mandab and there is oil coming out from Saudi Arabia plus the
[00:13:30] damage to its pipelines, it's definitely a disaster for the world
[00:13:33] economy. yeah, that's an interesting point you made, because just as we were coming on
[00:13:37] air, I saw report, it it was information coming from
[00:13:41] French diplomats who said that the issue was being brought forward
[00:13:45] to the UN security council, they want to discuss the
[00:13:48] situation in the Babab straight, so as you were saying is this now becoming
[00:13:52] a global concern if the... he's getting tight
[00:13:56] grip on that straight that everybody could
[00:13:59] suffer, certainly, certainly,
[00:14:02] and mean it's
[00:14:03] not a coincidence that the saudi crime prince is supposedly going to visit Egypt and
[00:14:07] meet with Egyptian president today, as you know
[00:14:11] if the balbel mandab straight is being closed, this means the closure the suwese
[00:14:15] canal as well, so now you have the the hormos straight
[00:14:18] closed, the babil mandab closed and there is no ships going
[00:14:22] through this wais canal, so that's certainly a match. of international
[00:14:26] concern, although what what matters at the end, Neil, on the ground
[00:14:29] is that the Hies proved that they can launch this kind of
[00:14:33] a symmetrical war, because as even referred to the Saudi continued military
[00:14:37] strikes, just few missiles from the Yemani side, from the houti
[00:14:41] side, targeting the east, west Saudi
[00:14:45] pipeline, transferring millions of tons is enough to
[00:14:49] uh, you know, cause the Saudi economy lot of damage and the world lot of
[00:14:53] damage, so there is certainly... I mean it's
[00:14:55] not a coincidence that we hear again from Trump
[00:14:58] yesterday that he's again open to some sort of negotiations with
[00:15:02] Iran, because there is certainly this kind of linkage, if the war slows down
[00:15:06] with Iran, if this war stops, probably you will get calm on the
[00:15:10] Yemani front, on the Lebanese front and definitely on the Iraqi front as
[00:15:14] well, yeah I just want to get a bit more on that, that the link between the two conflicts,
[00:15:18] so we had Saudi Arabia pull out a Monday's meeting with Iran and a man,
[00:15:22] possibly linked to what's happening with them on the...
[00:15:25] battlefront um, would you say that the conflict in Yemen,
[00:15:29] if that escalates further, could that pour
[00:15:32] fuel on the fire in, establishing safe roots in the straight of
[00:15:36] horms and therefore? hamper attempts ease the
[00:15:40] conflicts in in between Iran and the United
[00:15:42] States, definitely, I mean already
[00:15:46] the Iranians have are clearly feeling the pressure the US
[00:15:50] sanctions and the tightening of passage
[00:15:54] through the straight of hormos for Iranian oil, and
[00:15:58] obviously
[00:15:59] the the key you know kind of leverage that the
[00:16:02] Iranians have is causing economic tremendous economic pain to the
[00:16:06] United States. especially when the US president and the Republican
[00:16:10] Party are facing very dissatisfied US public in the
[00:16:14] upcoming mid-term elections, but more than that, I mean it's again
[00:16:18] not a American Iranian issue here, it's you know the
[00:16:21] interests of many world countries at stake, and perhaps
[00:16:25] you know China will come up with something if
[00:16:28] the the Chinese president is due to meet with the American president, I mean
[00:16:32] but definitely Trump and the US administration do not
[00:16:35] want to see ' a further escalation,
[00:16:39] very dangerous one that affects the US consumers
[00:16:43] ahead the upcoming mid-term elections and that's why mean you can see some
[00:16:47] renewal of diplomatic effort to
[00:16:50] basically renew the US Iranian negotiations
[00:16:54] and perhaps starting from there you can see uh attempt
[00:16:58] to calm the yemani saudi front as well as the
[00:17:01] other fronts such as Lebanon and Israel because again all
[00:17:05] them are rather interconnected. Khalid, fascinating to get
[00:17:09] your take on this, thank you so much. Khalid Daward, managing the editor of
[00:17:12] Al-Aram
[00:17:13] Weekley.
[00:17:17] Iran's media reports that two fishing boats were targeted a
[00:17:21] drone attack off the country's southern coast, leaving number of fishermen
[00:17:24] missing. Meanwhile Iran's revolutionary guards as an oil tanker
[00:17:28] exploded and caught fire after hitting mines in
[00:17:32] prohibited areas the straight of Horamos, but the US
[00:17:35] military disputes the... RGC claim saying the Panama flag vessel
[00:17:39] was hit by an Iranian missile last month and struck again
[00:17:43] by a drone while sitting in waters off the coast of a month. The world's
[00:17:47] most important oil shipping lane has been mostly shut down since the war
[00:17:51] began in February, pushing energy prices to the highest level scene
[00:17:55] in recent
[00:17:56] years.
[00:18:02] Okay, let's go live to Terran and bring in our correspondent there Razza
[00:18:05] Hatomy.
[00:18:06] As I mentioned. um, seems like there's very conflicting
[00:18:10] narratives about attack and damage done to a tanker in the straight
[00:18:14] of horm, tell us what information you have on
[00:18:16] that?
[00:18:20] yes, conflicting narratives continue since this war
[00:18:24] started, we have heard so many conflicting narratives from Iran and the
[00:18:28] United States, basically now the United States Trump
[00:18:32] himself is saying that the straight has been cleared
[00:18:35] of minds, but the IR gc says that this straight is not
[00:18:39] cleared of mines and the latest statement by
[00:18:43] IRGC as you said says that vessel, this is
[00:18:47] elgaya vessel, a panamanian flagged
[00:18:50] tanker hit a naval mine in the
[00:18:54] southern corridor the straight of hormos, we know this southern
[00:18:57] corridor has been a bone of contention between
[00:19:01] Iran and the United States, Iran does not approve of
[00:19:05] this southern lane that has been... designated by Oman
[00:19:09] and the United States, so the IRGC says that that vessel hit a
[00:19:13] mine over there, but the sentcom, the US
[00:19:17] military says that the reason
[00:19:21] for the attack, I mean the attack was due to a drone a
[00:19:24] drone, an Iranian drone hitting this vessel, not
[00:19:27] a naval mine, separately, Iran has
[00:19:31] reported attack on fishing boats, civilian
[00:19:35] fishing boats the... port of Kargan, this is
[00:19:39] a port along the eastern uh coast
[00:19:43] the straight of Formus. Iran says several
[00:19:46] fishermen have gone missing as result of that attack which Iranian media
[00:19:50] has attributed to the United States,
[00:19:54] and we have heard on so many occasions Iranian officials reporting
[00:19:58] civilian casualties as result of US air
[00:20:02] strikes.
[00:20:03] the the last major one happened earlier this month when a
[00:20:07] US strike, according to Iranians hit a wedding in
[00:20:11] the city of Kuhastak along the straight of
[00:20:15] Hormus, and on Sunday also Iran
[00:20:18] reported attack a civilian ship and a container
[00:20:22] ship in the straight of Hormus again, and as
[00:20:25] result of that attack Iran says that one person has been
[00:20:29] killed and several several others including Pakistani
[00:20:32] nationals were injured, and at the same
[00:20:36] time Iran has reported shooting down a us
[00:20:40] mq1 drone over
[00:20:41] the straight of hormo, so this skirmishes continue both
[00:20:45] in air on the sea as the two
[00:20:49] sides. uh, it seems that the two sides are not close to
[00:20:53] any sort of political settlement. yeah, military things seem to be
[00:20:57] deteriorating in terms of freeing, opening and access to
[00:21:01] the straight of horm. mean, there had been hope that yesterday, monday there was going to be the
[00:21:05] meeting, iran aman, foreign ministers the gulf states to come to some
[00:21:09] kind of agreement, we know that was postponed. do we know any details
[00:21:13] though about what the shipping lanes might look like,
[00:21:17] what details are there about any anything agreed between? run and a
[00:21:20] man.
[00:21:24] yes, Iran says that an interim
[00:21:27] agreement, a temporary arrangement has been reached with oman
[00:21:31] about the shipping lanes and shipping routes in
[00:21:35] the straight of armus, but the latest reported attack by the IRGC
[00:21:39] shows that probably that agreement is not being
[00:21:43] implemented. well, Iran and Oman say that they have agreed
[00:21:46] on roots in the straight of hormous and inbound
[00:21:50] route to the north of this straight, this route would
[00:21:53] be in Iranian territorial waters, the inbound route, and the
[00:21:57] outbound root is in the south the straight, most of it is in
[00:22:01] Omani waters, one tiny part of
[00:22:03] it is in Iranian waters, so these lines,
[00:22:07] these lanes, these roots, these corridors are supposed to be approved
[00:22:11] by both countries, but as I just said, the latest
[00:22:15] attack shows that probably this agreement is not being implemented,
[00:22:19] yesterday on Monday the spokesperson for Iran's foreign ministry
[00:22:23] said that the agreement with Oman has been finalized and the two
[00:22:26] countries are in consultation to determine how and when
[00:22:30] to announce it and register it with the international maritime
[00:22:33] organization. Thank you so much to me bring us the
[00:22:37] latest there from Tehran.
[00:22:41] Ryan Bole is a senior Middle East and North Africa analyst at the Risk
[00:22:45] Assistance Network Exchange Rain. He says Washington currently has a little
[00:22:48] incentive. its attacks on Iran,
[00:22:52] from the American perspective, their low ammunitions,
[00:22:55] the the Pentagon Inspector General came out public with how low those munitions
[00:22:59] are, and so it's no secret that the Americans have simply run out the
[00:23:03] high-end equipment that they prefer for this kind of war, and the political will
[00:23:06] in Washington is also very low for regional escalation, plus we're
[00:23:10] also dealing with all the economic effects the closure of Hormus from
[00:23:14] higher than normal bond rates, to growing inflation worries
[00:23:18] to higher gas prices. "there's a lot of reasons that the US wants to to not
[00:23:22] seize a single moment uh to return to that escalation that we saw
[00:23:26] in the spring from the Iranian perspective it's similar in that they believe that their
[00:23:30] current strategy is paying off against the Americans, undermining their
[00:23:33] economy, undermining their political will, so there's not a strong incentive
[00:23:37] to go back to a full-scale escalation unless they are provoked by the
[00:23:41] Americans first, and so we that's where we're at is we're looking at the Americans
[00:23:45] as the first movers for escalation, but at least at the moment there's
[00:23:49] not a..." driver to do so at the scale we saw earlier this
[00:23:53] year. uh, President Trump has been pretty clear that he thinks that this is about
[00:23:56] his legacy, he thinks it is about solving the Iran problem wholesale,
[00:24:00] which means that that sort of implies that proxies and missiles will come back into a
[00:24:04] negotiation process if one ever begins uh, because after all
[00:24:08] that's that's what he sold the war about, was this comprehensive
[00:24:12] reframing the Iran threat, the Iran challenge, even regime
[00:24:15] change from his perspective, but the more narrow approaches seem to be...
[00:24:20] right now restoring freedom of navigation around Hormus and getting the
[00:24:24] Iranians back to nuclear uh program talks uh that I think
[00:24:28] would be major success for this administration, particularly if they can do it
[00:24:31] before the mid-terms. I just don't see any signs that the Iranians are willing to give them
[00:24:35] that victory uh in that timeline. Turkish
[00:24:39] president Rijip Tygan says that Anchorer is stepping up its role
[00:24:43] addressing challenges facing the region and the wider Muslim
[00:24:46] world, pointing to rising tensions in the Gulf. He says:
[00:25:50] purpose of this step is for these three countries to come together and god
[00:25:53] willing send a signal from here to the muslim world. there are
[00:25:57] positive developments and we will achieve this as
[00:26:00] well.
[00:26:09] 'Okay, let's see how the global conflicts we've been discussing affecting
[00:26:12] the financial markets, will stocks remain under pressure as
[00:26:16] pullback from tech shares and the concerns over tight energy
[00:26:20] supplies and the inflation outlook, oil prices, they've held near
[00:26:24] multi-month highs, brent crew at around $107
[00:26:28] a barrel after rising 3% on Monday, disruptions linked of
[00:26:32] course to the'. shut down of Saudi Arabia's east-west oil pipeline, that's keeping
[00:26:35] pressure on global supplies. industry sources say stocks at the kingdom's
[00:26:39] yambu terminal could last just five to seven days and
[00:26:43] the repairs might take anything up to six weeks. those
[00:26:47] energy supply concerns are also weighing on broader market sentiment. electronics
[00:26:51] and semiconductor names across Soul and type bore the brunt the
[00:26:54] selling as traders aggressively sold risk assets in favor of
[00:26:58] bonds. the weakness reflects growing AI, safety fears and d
[00:27:02] over whether the rapid spending on AI infrastructure can continue,
[00:27:06] investors are now turning their attention to Wednesday's Fed reserve meeting,
[00:27:10] hotter than expected US inflation, boosting expectations there'll be
[00:27:14] rate hike, markets are pricing in more than an 85%
[00:27:18] chance of a 25 basis point increase, it would be the Fed's
[00:27:22] first rate hike scene since
[00:27:23] mid-2023. Tim Warter is chief
[00:27:27] market analyst at KCM trade, he says elevated all prices and rising
[00:27:31] bond yields are putting downward pressure on
[00:27:33] equities, lot of forces at play at the moment, hard
[00:27:37] to know where to look, but it's really that combination of high oil
[00:27:41] and high bond yields, that's a of
[00:27:43] bit red flag for risk assets such as stocks at the moment,
[00:27:47] given what they say about the inflation out and by extension
[00:27:50] monetary policy and how that may impact growth a corporate and economic
[00:27:54] level moving forward, so not a lot of good news for stock markets
[00:27:58] right now, i think traders like to see a little bit of a... are
[00:28:02] released in terms of that oil price and or bond yields to get some momentum
[00:28:06] back, so I guess lot will come down to this week - what message we get from the
[00:28:10] federal reserve and whether they're leaning on the hawkish or dovish side as to
[00:28:14] whether stocks can regain their mojale
[00:28:16] again. two the stories making headlines
[00:28:20] around the world, the Panama Canals cutting daily shipping traffic
[00:28:23] again as Zelninho has reduce the
[00:28:27] waterway of some of its water, authorities will reduce daily passages
[00:28:31] to average of... 29 a day to conserve supply for the lock
[00:28:35] system, the restriction hits key artery handling 5% of
[00:28:39] global trade, which is already under heavy pressure from re-rooted
[00:28:42] maritime traffic. officials warn this year is weather pattern could be the strongest
[00:28:46] scene in four decades. also the US has imposed new
[00:28:50] sanctions on Russia's VTB bank and accuses it of helping Iran
[00:28:54] to move billions of dollars of frozen assets. Washington says the
[00:28:58] lender also expanded its presence in Iran and built ties with
[00:29:01] sanctioned Iranian banks. VTB was already under US sanctions
[00:29:05] since 2022, limiting its access to the US financial
[00:29:09] system. And Japan has recorded more than 100
[00:29:13] thousands centenarians for the first time in its history with
[00:29:17] women making up nearly 90% them. Experts say healthy
[00:29:20] diets, low obesity rates and universal healthcare are among the
[00:29:24] reasons that people in Japan live so long. The government is now trying to
[00:29:28] extend healthy livespans by three years as the population continues.
[00:29:32] to
[00:29:32] age
[00:29:41] and we've reached the halfway point the news hour here on TRT World, always welcome,
[00:29:44] appreciate company, quick reminder if you just joined us of our top stories,
[00:29:48] three people, including two children have been killed in Saudi led
[00:29:52] coalition air strikes in Yemen's Thaies province, those strikes
[00:29:56] come a Saudi Arabia said it would respond firmly to hooth the attacks
[00:30:00] that injured 13 civilians in three Saudi
[00:30:03] cities. The UN says fighting in Yemen has forced a
[00:30:07] 125,000 people from their homes just
[00:30:10] since the start of this month. And Iran's
[00:30:14] revolutionary guards says an oil tanker exploded and caught fire
[00:30:18] after it hit mines in prohibited areas the straight of
[00:30:21] horamu. The US military though says that the vessel was stricked by a
[00:30:25] drone while sitting in waters off the coast of a
[00:30:28] man.
[00:30:32] So. to Gaza now where overnight drone strikes and sniper
[00:30:35] fire have killed at least one person in Gaza City and the northern
[00:30:39] camps, officials reported a pre-dawn drone strike hit Gaza
[00:30:43] City leaving two wounded. On Monday separate series of
[00:30:47] strikes killed a senior Hamas military commander in the north of
[00:30:51] Gaza. Gaza's health ministry says Israeli attacks since the
[00:30:54] ceasefire came into effect in October 2025 and now killed more than
[00:30:58] 1,300