Israel-Iran war leads to spike in energy prices

Wake Up to Money

BBC

Business

4.4 • 754 Ratings

🗓️ 16 June 2025

⏱️ 53 minutes

🔗️ Recording | iTunes | RSS

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Summary

Four days after Israel launched an attack on Iran, the two countries keep exchanging blows. Oil prices jumped as tensions rise in the Middle East.

We also hear the latest on the search for the causes of the Air India 787 crash in Ahmedabad, Gujarat.

And some Manchester City fans are taking legal action against the club over a new season-ticket policy they claim is discriminatory under the Equality Act.

Transcript

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0:00.0	Before this BBC podcast kicks off, I'd like to tell you about some others you might enjoy.
0:05.1	My name's Will Wilkin and I Commission Music Podcast for the BBC.
0:08.7	It's a really cool job, but every day we get to tell the incredible stories behind songs,
0:13.5	moments and movements, stories of struggle and success, rises and falls, the funny, the ridiculous.
0:19.1	And the BBC's position, at the heart of British music
0:21.7	means we can tell those stories like no one else.
0:24.5	We were, are and always will be right there at the centre of the narrative.
0:28.6	So whether you want an insightful take on music right now
0:31.3	or a nostalgic deep dive into some of the most famous and infamous moments in music,
0:36.1	check out the music podcasts on BBC Sounds.
0:40.3	BBC Sounds, music radio podcasts.
0:45.1	Wake Up to Money from BBC 5 Live.
0:48.6	Hello, welcome. It is Wake Up to Money on Monday morning. The oil price continues to rise today as Israel and Iran
0:56.2	continue to exchange strikes more on that very shortly. And we hear more detail today, this
1:02.4	week from the Chancellor Rachel Reeves on her 10-year plan to back infrastructure projects.
1:08.2	We heard about the large amounts of money last week, but will a road,
1:11.9	tunnel or bridge near you get the all clear for building works? What is going to be their focus?
1:17.7	And is Manchester City giving with one hand and taking with the other? Ticket prices
1:22.3	dropping in some places by more than 40%. But fans say a new policy is unfair to care as disabled supporters and shift workers.
1:31.1	Wake up to Money with Sean Farrington.
1:33.9	Good morning to you.
1:34.9	It is Wake Up to Money on BBC 5 Live on this Monday morning.
	...

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