it goes through the suez canal. you're talking about tankers that carry a million barrels a piece going through this canal. and concerns about delays have driven oil prices higher, brian. it's interesting though, brian, that traders tell me if we were to see a full halt at the suez canal, you could see oil prices go as high as $120 a barrel. right now we're close to 90. that gives you a sense of how important these far corners of the world are. the suez canal matters a lot. >> it says nothing about the other jitters throughout this region and other countries as well. >>> when we come back, what it's like to a veteran of these streets to walk among the protesters here. >>> back here in cairo tonight, all of us on our team here on the ground spent a lot of time on these streets today. out with the people looking at this protest, seeing it, hearing it. for part of that time i was with our chief foreign correspondent richard engel, who lived and worked here for many years, to try to see what he sees here going on. this i

they're see-sawing on worries that the suez canal is at risk of closing. in tonight's word on the street- - "oil tanker stocks." suzanne pratt spoke with scott eden, a reporter at thestreet.com. she began by asking him about the likelihood the canal will shut down. >> diminished, there is going to be any kind of closure, but other people i talked to say the situation is so volatile, it is hard to say that the risk is gone completely. especially when you consider labor shortages that are starting to -- there is evidence that some tug captains are not going to work. at least according to one person i talked to who works for a major multi-national oil concern. the risk, i think, is still out there. >> so let's bring up the chart of the four of the oil tanker stocks we're going to talk about. nordic, american tanker, overseas ship holding, general maritime, and frontline. what would -- i know it's unlikely, but what would a closing of the canal mean for this sector? >> well, rates would almost ainsuredly go higher. they would have all of the sort bargaining chi

hour israel has expressed strong concern over iran's dispatch for two warships to cross egypt's suez canal prime minister netanyahu says the move will bring even more tension to an already unstable region the two ships are due to sell through the canal on monday and route to the mediterranean well they will be the first to rainy and warships navigate those waters since the country's islamic revolution of one thousand nine hundred seventy nine let's cross live now to paul the slayer who keeps track of these developments from tel aviv paulo what are the israelis afraid of here. well minister benjamin netanyahu says that he views with most gravity the passing of these two iranian warships through the suez canal to the mediterranean sea he says that it's really an attempt by terror and to take advantage of the current situation to exploited and to extend its regional influence we also heard today from the israeli foreign minister of adore lieberman and he says that this is nothing short of provocation israel and iran have not had diplomatic relations for the past thirty years and israel is con

it controls the suez canal, vital for u.s.y ships heading to the persian gulf and for world trade. it's the largest arab country and for the americans, it's been a place of stability for 30 years. it was the first to sign a peace treaty with israel which now fears what will come next. so, too, to other key u.s. allies like jordan and saudi arabia. everything depends now on what the egyptian military does next. it relies on american funding. these are u.s.-designed tanks on the streets of cairo. american and egyptian troops regularly train together and the pentagon and other u.s. government agencies are now using this leverage behind the scenes. experts advising the white house say they hope the newly appointed vice president will now organize a peaceful handover of power. >> the best-case scenario, i think, is that omar suleiman steps in, tells mubarak for the good of the country, it's time for him to go. >> we've now learned the white house has sent an envoy to cairo to try to help things along. it will take comfort from the

in other news from the middle east two iranian warships were delayed entry into suez canal this comes after israel and the uighurs expressed strong concerns over the dispatch of first terror brandes navy earlier egyptian officials check the cargo about. to pass the class which was attacked by israeli minister he called for the world to act against iran reoccurring provocation. following developments in a television. there's many prime minister benjamin netanyahu says that he views with most gravity the posturing of these two iranian warships through the suez canal to the mediterranean sea he says that it's really an attempt to take advantage of the current situation to exploited and to extend its regional influence we also heard today from the israeli foreign minister avigdor lieberman and he says that this is nothing short of provocation israel and iran have not had diplomatic relations for the past thirty years and israel is concerned that iran is sending weapons to its neighbors that will ultimately be used against the jewish state is really soon relations are strained as well conv

that he views with at most gravity the passing of these two even you know warships through the suez canal to the mediterranean sea he says that it's really an attempt by tel rand to take advantage of the current situation to exploited and to extend its regional influence we also heard from the israeli foreign minister avigdor lieberman and he says that this is nothing short of provocation israel and iran have not had diplomatic relations for the past thirty years and israel is concerned that iran is sending weapons to its neighbors that were. alternately be used against the jewish state israeli soon relations are strained israel convinced an israeli official saying as much over the past few years that iran is supplying weapons to syria that ultimately land up in the hands of his in lebanon now the united states is adding fuel to the whole situation the u.s. state department recently set up a twitter account and it is using their twitter account to post tweets in farsi that supports anti iranian government demonstrators out on the streets of tehran we haven't seen the u.s. state department

two iranian warships are to pass through suez canal on tuesday it will be the first time iranian naval vessels have salvos water since the country's one nine hundred seventy nine islamic revolution the vessels have been due to enter the canal on monday but their passage has been over eight ships are heading to syria for a training mission israel and being you have expressed strong concern over the move saying it as it's already high tensions in the region are following developments in tel aviv. there's many prime minister benjamin netanyahu says that he views with most gravity the posturing of these two iranian warships through the suez canal to the mediterranean sea he says that it's really an attempt by tehran to take advantage of the current situation to exploited and to extend its regional influence we also heard from the israeli foreign minister of a dollar lieberman and he says that this is nothing short of provocation israel and iran have not had diplomatic relations for the past thirty years and israel is concerned that iran is sending weapons to its neighbors that will ultimat

call in syria of two eye rain yap warships, the country's first naval vessel to pass through the suez canal in more than 30 years. shimon peres leveled the move provocative in a speech in madrid on wednesday. >> israel doesn't think that iran is a danger only to israel. we think iran is a danger to the world. >> the comment followed the iranian media reports that the vessels arrived in the syrian port of latakia wednesday after passing through the egypt controlled suez canal. with the iranian warships and syria's military planning a joint exercise their cooperation is raising concern in israel. the egyptian government of ousted president hosni mubarak had bogged the passage of iranian through the see wez canal since egypt severed diplomatic ties with iran after the islamic revolution there in 1979. the israeli government is keeping a particularly close eye on developments in egypt's diplomatic policy now that mubarak has been removed. >>> the kings of bahrain and saudi arabia have met amid fears that bahrain's unrest could spread to its neighbor. saudi king king abdullah invited the king to

the iranian revolution there have been no iranian warships that have actually passed through the suez canal this is the first major diplomatic headache for the egyptian interim government for the ruling military council as you well know president mubarak had a close relationship with the united states he was an ally of the u.s. and at the same time relations between him and the rand were strained for the past thirty years it is not clear exactly why they gave permission we haven't had any insight on that but what we have been told reporting is that it dipshit officials have checked the cargo they are confident that there is nothing suspicious on board and as a result they have allowed there for data on the supply ship to go through. fall asleep still to come on the program not just man's best friend. hated dog is a man's best friend but of course if you're blind a guide dog is the same it's more than just companion said but we've got the story of one man who wants to take care of result a pet just a she'd been taking care of him really heart wrenching story going to joy that like . his jewi

some suez canal workers worked out, but the canal is still open. another -- other factory workers and government employees are wanting better conditions. by contrast, the quietest place in egypt is probably the pyramids. what luxury hotel with a 640 rooms has only to occupy. the collapse in tourism is hurting many egyptians. in tahrir square, they are still wondering what the president -- with the vice-president meant by a possible coup. it is hard to see what the government can do to stop this movement gathering pace. >> human rights activist in egypt telling the bbc, security forces have been detaining more and more people over the past fortnight. this despite repeated international calls for restraint. in cairo, we have been investigating. >> there's still missing. names of the disappeared, abducted by mistake. >> still missing. >> on the list are four doctors treating the injured. there are bloggers picked up and not seen in six days. there is no information as to where those arrested have been held or who conducts the interrogation. to many, t

some suez canal workers walked out about of the canal still open. factory workers and other employees are on strike. oby contrast, the most quiet place in egypt is probably the most -- in egypt are the pyramids. the collapse in tourism is hurting many egyptians. in the square, they are wondering what the vice president meant. a threat of martial law perhaps. it is difficult to see what the government can do to keep the state from slipping away. >> sold his had been killed in north pakistan. -- soldiers have been killed in a bomb attack in northern pakistan. 6 kilograms of explosives were used in the explosion. the united states has urged the egyptian government to do more to ease the demands of protesters. robert gibbs called for the lifting of the emergency lot and says that the action taken so far did not meet of the minimum demands of the people. >> it is clear that the egyptian government will have to take some real concrete steps in order to meet the threshold that the people of egypt requires from the government. i think unless or until that p

the suez canal authorities say it is not yet been informed. it will be the first time iranian warships have use the canal since 1979. israel described it as a hostile action. an american court has sentenced a somali man to more than 33 years in prison for piracy. abdiwali abdiqadir muse and three other products held a crew captive in 2009. the three others were killed by u.s. forces. in brazil, at nine police officers have been arrested of suspicion that they are part of a death squad, said to have killed least 40 people. high-ranking officers formed vigilante groups in the aim of killing criminals. president obama has expressed his condolences to the parent of american immigration customs agent shot dead in mexico on tuesday. government attacked at his car. a second agent was wounded. >> the roadside scene which signaled a new phase in mexico's drug wars. this summer pleaded car with two u.s. special agents. it was an ambush by gunmen, linked to the cartel. the special agent died after being shot five times. the second a it was shot twice in t

there has been an increase in oil prices since the suez canal closed. that is a key route for oil tankers, and this has sent prices to over $100 per barrel. opec is concerned but will not be boosting output. they say that suez canal traffic is not endangered and there is not an oil shortage. unease about egypt is spreading to markets in that the middle east. this is affecting the markets in europe. for more, we go to the frankfurt stock exchange. >> it does not seem to fit together, the situation in egypt and investors being in a buying mood in the equities market, but that is what is happening. investors are very concerned though. they are watching the monitors for development in egypt, and they are asking how quickly political stability can be reinstalled, because they know that is important for economic stability, for oil, for oil prices, and for the world economy. they did react to some good news. news from the deutsche bank, a profit downfall is being adjusted very well indeed. >> let's take a closer look at some market indices right now. staying i

instead of going through the suez canal, it will sail around the cape of good hope in south africa due to worries over security. yusen says this will not change the tour's length or price. it also says this is the first time that it has had to change a route because of security concerns. another major travel agency, jtb, has suspended tours to bahrain and some areas of libya and yemen through the end of march. >>> here are the latest market figures. ♪ ♪ >>> when you think about a gift to that someone special, flowers may be the first choice. in the u.s. flowers imported from japan are becoming popular and sales have been rising. nhk world's paige ferrari has more. >> reporter: a week before valentine's day students attended a flower arranging class in new york. the flowers they are using are sweet pea and freesia, freshly imported from japan. >> to my wife, kathleen. she will appreciate this, i'm sure. >> reporter: new york city, 3:00 a.m. in a street known as the flower district, flowers from around the world are arriving. here in manhattan's flower district even before the sun comes

and workers along the suez canal went on strike. despite that turmoil, here in the u.s., all three of the major stock indexes closed at their highest levels in more than two years. so what's pushing stocks higher? and what does the unrest in the middle east mean for investors? joining us now, nick colas, chief market strategist at convergex group. hi, nick, thanks for joining us. >> sure thing. >> susie: so these recent eventings in the middle east look like a huge contagion and yet here in the u.s. we have a solid stock market rally. why is that? >> well, because so far the unrest we've seen in the middle east hasn't really impacted oil prices and that's really the critical factor for thinking about political unrest in that area of the world. it does in fact impact oil prices, oil supply, it's a critical area for not only existing oil supply but future reserves for the rest of the world. so as long as it doesn't affect oil prices directly, the stock market still has a bit of a green light. >> susie: well looking at oil prices they

seventy nine since the iranian revolution they have been know that have actually passed through the suez canal this is the first major diplomatic headache for the egyptian interim government for the ruling military council as you well know president mubarak had a close relationship with the unite. states he was an ally of the u.s. and at the same time relations between him and the rand were strained for the past thirty years it is not clear exactly why they gave permission we haven't had any insight on that but what we have been told reported is that it took in officials have checked the cargo they are confident that there is nothing suspicious on board and as a result they have allowed the on the supply ship to go through. paul asli our correspondent coming up on our team a stained anniversary course of about three years since it proclaimed independence from serbia unfazed by recent reports of grave crimes allegedly committed by its leader reporters and say coming up tonight plus america's defense budget is about to be slashed by almost eighteen billion dollars but some say that's just a drop

europe in the political way the egyptian economy depends very highly on the fees they get for the suez canal there's no reason to think that shipping through the canal is likely to change i think that the fear is a lot based on the unknown we don't know exactly what kind of government is going to come to power in egypt we don't know what various political forces will be involved with it i hope that governments and oil companies and others around the world who are watching this from positions where of power in the current regime will stand back enough to say whatever government comes to power it's not our call we don't get to decide for the people of egypt we've heard those words from president obama and others we need to see the actions to back it up when he says that the people of egypt will pick their own government we have to be sure that this country my government does not have a good history in allowing democratic processes that they don't like to proceed look what they did in gaza and in the west bank where there were elections they didn't like who got elected so they punish the people

since the rain revolution they have been no iranian warships that have actually passed through the suez canal this is the first major diplomatic headache for the egyptian interim government for the ruling military council as you well know the president will be. it had a close relationship with the united states he was an ally of the u.s. and at the same time relations between him and the rand were strained for the past thirty years it is not clear exactly why they gave permission we haven't had any insight on that but what we have been told reported is that it is in officials have checked the cargo they are confident that there was nothing suspicious on board and as a result they have allowed their free gate on the supply ship to go through. coming up later in cross talk peter the valen his gas discuss why countries in the middle east spend so much on the military and how the u.s. justifies its big business in the region. the saudi and the g.c.c. states to me in part or somewhat comparable to what singapore switzerland their small populations they want people to know they have weapons system

sweeping across the middle east and north africa two iranian warships are to pass through the egypt in suez canal on tuesday it will be the first time iranian naval vessels sailed through those waters since the country's nine hundred seventy nine islamic revolution they had been due to enter the canal monday but their passage was delayed the ships are headed for syria for a training mission israel and the u.s. have expressed strong concern over the move saying it escalates already high tensions in the region. stay with us here on our t.v. still ahead this hour. only fifteen thousand and he said today he'll get everything the needs to survive why even comedians in the u.s. are focusing on the huge student debts once. they fade it is the man's best friend but of course they feel like i don't get same it's more than just companions that we have the story of a man who once had to take care of his head just as she had been taking care of him . first though latvia's jewish community is demanding compensation from the government for property stolen by the nazis during the second world war but many belie

to iranian warships have passed through the suez canal for the first time in more than three decades the vessels are on route to the mediterranean sea for a training mission with syria iran has stated there is no military equipment or nuclear materials on board the ships the prime minister of israel who considers both countries hostile denounce the move as a provocation. pirates killed four americans taken captive aboard a yacht on the coast off the coast rather of oman the victims a husband and wife and two friends were attempting to do so. around the world u.s. military forces training the vessel had tried to negotiate with the hijackers they stormed the yacht in response to sounds of gunfire and killed two pirates while securing the boat three of the hostages were found dead and the fourth died later from the when it's. ok let's get the latest from the world of business unions here . hello and a very warm welcome to the business update the shop rising that oil prices due to the unrest in the middle east has raised fears the global recovery might be stopped in its tracks economists

to raney and warships have passed through the suez canal for the first time in more than three decades the vessels are on route to the mediterranean sea for a training mission with syria though iran has stated there is no military equipment or nuclear materials on board the ships the prime minister of israel who considers both countries hostile the now it's the move as a provocation. pirates have killed four americans taken captive aboard their yacht off the coast of amman the victims are husband and wife and their two friends were attempting to sail around the world u.s. military forces trailing the vessel had tried to negotiate with the hijackers they stormed the yacht in response to sounds of gunfire and killed two pirates while securing the boat three of the hostages were found dead and a fourth died later from her warns. train services to peruse the storage much of petrou ruins have resumed following a closure due to flooding the rail line runs along the river that had risen following twenty days of heavy rain many people got stranded on their way to the popular attraction last ye

two iranian warships have passed through the suez canal for the first time in more than three decades the vessels are on bru to the mediterranean sea for a training mission in syria though around has stated there is no military equipment or nuclear materials on board the ships the prime minister of israel who considers both countries are hostile to announced the move as a provocation. pirates have killed four americans taken captive aboard their yacht off the coast of amman the victim's husband and wife and their two friends were attempting to sail around the world u.s. military forces trailing the vessel had tried to negotiate with the hijackers stormed the yacht in response to sounds of gunfire and killed two pirates while securing the boat three of the hostages were found dead and the fourth died later from her wards. experts sound the alarm that scientific study is suffering find out why objectivity is being brought into question later on our team. stress. and this is product of the price. to test these times is the. immune response lower nutrition for environmental contamination

the iranian revolution there have been no iranian warships that have actually passed through the suez canal this is the first major diplomatic headache for the egyptian interim government for the ruling military council as you well know president mubarak had a close relationship with the united states he was an ally of the u.s. and at the same time relations between him and the rand were strained for the past thirty years it is not clear exactly why they gave permission we haven't had any insight on that but what we have been told reported is that it dipshit officials have checked the cargo they are confident that there is nothing suspicious on board and as a result they have allowed the for gate and the supply ship to go through. with the middle east protests rampant the e.u. is launching a mission to help italy deal with the wave of immigrants from north africa more than five thousand people poured in from shoe museum alone during the past week i'm officially agree the situation's out of control the wave of migrants comes just as europe is saying a vicious debate over multiculturalism lea

while shipments through the suez canal are unaffected what we currently see in libya while and. actually hasn't produced any material impact on crude supply. and surgeon oil prices definitely good news for russian energy shares oil and gas stocks have had the best of the week here in russia they have benefited not just from the rising oil price but also from speculation in the media that upcoming tax reforms could see them operating under a more favorable regime there's a secular theme in russia of tax reform which seems to be finding support even in this difficult environment. of the market sell off and we think that all the names that are exposed to the good exports such as you have to. look well be out the farmers in the market towards the end of the week. the exploration deal signed between brosnan after b.p. has raised the possibility of tapping into russia's arctic energy resources but even if the difficulty surrounding that deal can be overcome there still remains the challenge of extracting the oil and gas from the frozen region their president of russia union for logos