And this is Andrew Peach with World Business Report.
Friday has seen Iran retaliate with ballistic missiles on Israeli cities following its earlier strikes on Iran's nuclear facilities.
The Iranian leader vowed to inflict heavy blows on Israel after the Israeli Defence Force said three Iranian military commanders had been killed.
The US President Donald Trump has urged Iran to make a deal on its nuclear programme,
warning of even more brutal Israeli attacks if it doesn't.
At the UN, McCoy Pitt, who's a senior official in the State Department,
ramped up the pressure on the Iranians.
The United States will continue to seek a diplomatic resolution that ensures Iran will never acquire a nuclear weapon or pose a threat to stability in the Middle East.
Amir Saeed Iravani is the ambassador and permanent representative of Iran at the United Nations.
He too has been speaking.
The United States' complicity in this terrorist attack is beyond doubt.
The officials of the United States have expressly and presently confessed their willful aid and assistance in the crimes.
On World Business Report,
we'll look at the economic threats posed by conflict in the Middle East.
What does it mean for the economies of Iran and Israel?
What about the price of oil and how concerned it makes companies about investing in the region?
And we'll also look at how the shipping sector is starting to plan for disruption.
If the Strait of Hormuz was to have a problem,
you could be in a situation where cargo is really at sea and doesn't have an easy route into the Gulf countries.
Now, in a moment, we'll look at Israel's economy.