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While hostilities throughout the Middle East have ramped up, there has not been any oil supply disruption, observed Andy Lipow, president at Lipow Oil Associates. "The oil market does not expect an all-out war between Iran and Israel that would impact supply," he told CNBC via email. However, both experts noted that a rapid escalation in conflict could lead to crude oil prices hitting $100 per barrel. While unlikely, oil prices would jump by $30 per barrel if it occurred, he added. "If events rapidly spiral, any material disruption to Iranian oil supplies or oil exports through the Strait of Hormuz could send oil prices well over $100 per barrel," said Young.
Persons: Hassan Nasrallah, Nasrallah, Andy Lipow, Lipow, Josh Young, Young Organizations: State, Company, Venezuelan, Company SA, Israel Defense Forces, Hezbollah, U.S, National Intelligence, London Assembly, Brent, West Texas Intermediate, Lipow Oil Associates, CNBC, U.S ., U.S . Energy Information Administration, Hamas Locations: Venezuela, Beirut, Iran, Israel, U.S . Canada, Guyana, Straits, Hormuz, Oman, Lebanon
MANCHESTER, England (AP) — U.K. Home Secretary Suella Braverman railed against unauthorized migrants, human rights laws and "woke" critics of her hard-line policies Tuesday, as she tried to secure her place as the flag-bearer of the Conservative Party’s authoritarian law-and-order wing. Political Cartoons View All 1196 ImagesBraverman's speech to party activists contained little new policy and had the feel of an election rally. Prime Minister Rishi Sunak’s Conservatives are lagging behind Labour in opinion polls with an election due by the end of 2024. Many members attending the four-day conference are looking ahead to a leadership contest that would likely follow a defeat. Braverman makes some Conservatives worry the party is regaining its image as “the nasty party,” as former Prime Minister Theresa May once called it.
Persons: Suella Braverman, Braverman, ” Braverman, Rishi Sunak’s, , shouldn't, Theresa May, Sunak, , Gideon Skinner, Ipsos, Andrew Boff, ” Sunak Organizations: Home, Conservative, Conservatives, Labour, Human, Englanders, Kingdom's, Delegates, London Assembly, Conservative Party, BBC Locations: MANCHESTER, England, Britain, Rwanda, Cambridge
His killing and the subsequent failure of the London Metropolitan Police Service to properly investigate the crime sparked a national outcry. Within days of his killing at a bus stop in southeast London, five White teens were identified as being involved. It took years of campaigning by the Lawrence family — and public support from the likes of Nelson Mandela and the national press — to get the investigation moving. While an initial investigation by then-police watchdog the Independent Police Complaints Commission cleared the police of any wrongdoing, the Rigg family kept fighting. Matthew Brealey/CNNFinding peaceAs the Lawrence family and their supporters mark the 30th anniversary of Stephen’s killing, they are still fighting for his killers to face justice.
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