Oil Surges After Biden Comment on Possible Israeli Strike on Iran Oil

WSJ What’s News

The Wall Street Journal

News, Daily News

4.1 • 4.2K Ratings

🗓️ 3 October 2024

⏱️ 14 minutes

🔗️ Recording | iTunes | RSS

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Summary

P.M. Edition for Oct. 3. A possible strike on Iran’s oil facilities could push prices higher just weeks before the U.S. presidential election. And deadly workplace accidents continue despite a regulation meant to prevent them. WSJ reporter John Keilman explains why. Plus, credit reporter Matt Wirz on the Wall Street rush to get ordinary investors into private credit. Tracie Hunte hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Robert Halfe research indicates 9 out of 10 hiring managers are having difficulty hiring.
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0:17.1	Visit Robert Half.com today.
0:20.0	Oil prices surge after President Biden talks Israeli strike on Iranian oil facilities
0:28.8	and Wall Street wants to bring its private credit craze to the masses.
0:33.7	Plus, a workplace regulation
0:35.8	was supposed to prevent factory worker deaths.
0:38.7	Why hasn't it worked?
0:40.2	Sometimes the worker is clearly at fault and sometimes not.
0:45.0	Sometimes there's a culture that develops that regardless of whatever it says on a piece of paper,
0:51.0	the actual practice is to do things as quickly as
0:54.7	possible without keeping safety top of mind. It's Thursday October 3rd I'm
1:00.0	Tracy Hunt for the Wall Street Journal this is the PM edition of What's News, the top headlines
1:05.4	and business stories that move the world today. Oil prices jumped today after President Joe Biden suggested that U.S. officials are
1:20.3	considering whether to support an Israeli strike on Iranian old facilities.
1:25.0	Biden was asked by a reporter as he was departing the White House for Georgia. Would you support support the rail striking Iran's oil facilities, sir?
1:35.0	We're in discussion with that.
1:37.0	I think that would be a little, anyway.
1:40.0	The president was also asked whether the U.S US would let Israel retaliate against Iran.
1:44.8	He pushed back on the question.
	...

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