landed you're right he was criticizing some of the very leaders that he has just sat down with shinzo abbayfor that joint defense agreement saying it was very one sided and also criticizing india's leader for the tariffs that have been put in place on u.s. goods but when they started this trilateral meeting between those 3 it started with the fist bump if you will there were all smiles and it didn't appear there was no sort of apparent tension among the leaders donald trump had his sort of usual positive spin he talked about the trade agreements that they will be potentially announcing that he was also asked about iran because of course still in the headlines particularly of interest among americans at around the world is the near miss in that potential military confrontation between the united states and iran donald trump saying that he has a lot of time to potentially work this out with the rons leaders of course he's willing to sit down with the raw.

is a japanese owned chemical tanker and it was hit at the same time that japan's prime minister shinzo abbay was in tehran meeting with iran's supreme leader is that. iran from the ancient times of the persian empire into the present day has been the great country of the middle east and will remain sorry in the future so we're to believe that at the time that iran was making nice with japan while japan was helping them to find ways to help their oil busy exports keep flowing despite u.s. sanctions that iran then turns around and decides to bomb a japanese vessel in fact iran has been rather nice to the united states in the last few days a u.s. resident who is charged with espionage was just released as a gesture of good will so why would they then choose this moment to fire tar paedos in the gulf of oman the iranian foreign minister job and zarif is describing these events as suspicious reports of the tanks on japan related to tank use occurred while pm was meeting with ayatollah for extensive and friendly talks suspicious doesn't begin to describe what likely transpired this morning. while

is this feeling that the timing is particularly curious given the fact that the japanese leader shinzo abbay was of course in tehran trying to deescalate tensions between the united states and iran and of course he is a friend and ally of donald trump's in fact on top of self just made a state visit to japan and seemed to sanction this visit by mr abbay so this is certainly something that has been picked up by lawmakers particularly republican lawmakers in the u.s. senate let me give you a couple of comments that have come in the last couple of hours from senator tom cox cotten a republican he's saying let's not be naive iran's economy is staggering under the u.s. economic sanctions and the ayatollah is are lashing out finger pointing there that is double down on by mitch mcconnell the republican senate leader saying we don't know who is responsible for these latest attacks but it's not an reasonable to suspect an iranian hand in them so again as the united states is investigating some republican lawmakers already coming to their own conclusions and pointing the finger at iran thanks campbel

is not particularly alarmed by what shinzo abbay said during his visit prime minister obey did land inran today we've been highly coordinated with the prime minister he and the president spoke in a few times and so he's there to try to do his part he did today call on iran to play a constructive role in the region which is not a role that it has played to date. so we are going to continue our campaign of maximum economic pressure because we want to iran to make better decisions and we have seen i think very positive effect from our pressure campaign also on wednesday the u.s. president donald trump said that pulling out of the iran nuclear deal was the right thing to do that the maximum pressure campaign on iran is having a negative impact on the iranian economy and may induce terror hunt to return to the negotiating table but if washington is serious about negotiating it doesn't appear at least publicly that much has been invested in preparations for any such talks. now government offices and hong kong's financial district have been closed for the rest of the week because of ongoing p

particularly to asian markets passes the attack has further significance as japanese prime minister shinzo abbay continues his visit with iranian leaders in tehran on the heels of the attack in this crucial region oil part of already started to spike joining us now to. further discuss the moves in the market is archie producer sorry. walter i'm sorry what's going on today with the oil busy markets are these dramatic events well danny all the attacks under 2 tankers in the gulf of oman is certainly the main driver today given the refocus on tensions in the gulf as a result of this standoff between the u.s. and iran but this is actually a fairly modest reaction in the context of the oil market as we see it at the moment and that's because the macro environment is more about concerns of falling demand than it is actually about potential supply oil had been falling recently yes it actually fell to a 5 month low with concerns on u.s. trade war concerns about slowing growth in various countries around the world and we still see all of those factors play today as those of macro factors haven't gone awa

while ago he said the reported attacks on japan related tankers occurred while prime minister shinzo abbay was needing with ayatollah khomeini for extensive and friendly talks suspicious doesn't begin to describe what likely transcribed the transpired this morning iran's proposed regional dialogue forum is imperative. let's get some analysis on the story now we have our security expert mike ts fun hine with us time a ts give us the latest on what you're hearing about these incidents. well i think the report pretty much summed up everything we know. there are conflicting reports about what happened to those tankers. one of those tankers was said to have been sunk. other sources say it's still afloat the crew is and i think that's very important for crews to rescue they have been evacuated the 44 seamen have been rescued by an iranian vessel 20 other seamen have been rescued as well from the other tanker. i think it is important to really point out. how important the strait of hormuz is where this incident this attack happened it's really the most important all to refile energy for crude oil

s g 20 host japanese prime minister shinzo abbay and then separately the indian move that upset mr trump was a delayed response to the trumpet ministrations increase tariffs on aluminum and steel they needed government deliberated for a year before hitting back the choice of the trumpet ministration and made to revoke prized unprofitable g s p status for 5000000000 dollars in indian imports may have tipped mr modi to retaliate. and joining us live in the studio to give us his expert insight into the g 20 and all the issues on and off the agenda that are moving the markets is senior asia pacific specialist at the institute for china american studies welcome back 1st of all countries up on what's happening in sort of the g. 20 pre-game sort of speak what should we know about what's happened thus far and what should we be watching for want to really get going. we should be watching for 3 things in particular 1st it is the 3. meeting and well they can put the create conflict back on the rails and try to reach for a solution. secondly we should be looking to regard to whether our. truck we sh

particularly to asian markets passes the attack has further significance as japanese prime minister shinzo abbay continues his visits with iranian leaders in tehran on the heels of the attack on this crucial region oil part of already started to spike joining us now to further discuss the moves in the market is our producer site start. welcome saya what's going on today with the oil busy markets after these dramatic events well danny all the attacks under 2 tankers and off amman is certainly the main driver today given the refocus on tensions in the gulf as a result of this standoff between the u.s. and iran but this is actually a fairly modest reaction in the context of the oil market as we see it at the moment and that's because the macro environment is more about concerns of falling demand than it is actually about potential supply oil had been falling recently yes they've actually fell to a 5 month low with concerns on u.s. trade war concerns about slowing growth in various countries around the world and we still see all of those factors play today as those of macro factors haven't gone away

is not particularly alarmed by what shinzo abbay said during his visit prime minister obey did land in iran today we've been highly coordinated with the prime minister he and the president spoke in a few times and so he's there to try to do his part he did today call on iran to play a constructive role in the region which is not a role that it has played to date. so we are going to continue our campaign of maximum economic pressure because we want to iran to make better decisions and we have seen i think very positive effect from our pressure campaign also on wednesday the u.s. president donald trump said that pulling out of the iran nuclear deal was the right thing to do that the maximum pressure campaign on iran is having a negative impact on the iranian economy and may induce terror hard to return to the negotiating table but if washington is serious about negotiating it doesn't appear at least publicly that much has been invested in preparations for any such talks. well there's plenty more ahead on this news hour including they skate to violence and poverty in their countries but n

a historic visit at a critical time in the islamic republic japanese prime minister shinzo abbay landed at marabout airport where he was greeted by iran's foreign minister zarif. officially this visit is to mark the 90th anniversary of the 2 countries diplomatic relations and president has an rouhani was on hand at south palace in teheran to greet the prime minister. following the 2 and a half hour meeting behind closed doors the 2 leaders emerged with strong words there always got to be jack and enough we are not interested in starting a war with the united states but if anyone starts a war with us we will be resolute in our response and the japanese prime minister was very clear that his visit was not just to celebrate diplomatic relations. if one is a member counterculture went up to go i mean i don't know the reason i'm here is to avoid potential once iran must play a constructive role in the region will not give up i hope today's visit will be a 1st step in achieving the goal of stability in this region japan has long been an ally of iran it bought over $2000000000.00 worth of oil

president donald trump having a phone call earlier with shinzo abbay the japanese leader where the 2 talked about the recent developments but provided very few details of course it was since abi that was president in tehran when these attacks occurred trying to deescalate tensions between the united states and iran donald trump also making a birthday telephone call it is his birthday today he phoned in to his favorite fox and friends program program here in the united states this favorable to donald trump's white house where he was asked about the attacks he's called iran a nation of terror says he doesn't take what has happened lately that i can tell you iran did do it and you know they did it because you saw the boat the mine in the video had to run written all over it referring to that video that the united states has put forward and made public alleging this is proof that iran was behind the attacks on the tape. kearse not everybody in the united states feeling that way feeling somewhat nervous that the rush to judgment by the trump white house of particularly since we saw the u.

know that these 2 attacks on the tankers in the strait of hormuz in fact were took place when shinzo abbay was meeting in tehran trying to deescalate the tensions between the united states and iran according to that readout they discussed the attacks on the tankers but did not elaborate however donald trump did minced no words when he spoke on a morning television program here in the united states he said that in calderon and nation of terror he was asked repeatedly by the show house what the united states might do in terms of response he would not answer only say we don't take this lightly i can tell you that iran did it because you saw the boat the mine in the video had iran written all over it again questions about this intelligence the fact that it was miraculously able to be provided to news stations around the world in a matter of hours after the attacks took place has certainly called into question the legitimacy of this video that is grainy at best there are also concerns as you point out about the escalation and where this would head the u.s. secretary of state is saying that iran