Oil hits $117 a barrel

Loading player...
In the U.S., President Trump's war in Iran has caused pain for low-income Americans. As voters go to the polls for nationwide Congressional elections, people are struggling to pay for food and fuel. The cost-of-living crisis deepens.

Brazilians will be voting for a new president on Sunday in a run-off election. The current president - Luiz Inácio Lula da Silva - is being challenged by right-wing Senator Flávio Bolsonaro in a tight race that will have consequences for the region and the world. We speak to economists in the country.

Presenter: Rahul Tandon
Producers: Neil Morrow & Neggeen Sadid

(Photo: A person pumps gas into their car at the 76 gas station at the corner of Roscoe Boulevard and Woodman Avenue in Los Angeles, California, USA, 04 September 2026. Credit: EPA/Shutterstock / Chris Torres)
23 Oct 6PM English United Kingdom Business

Other recent episodes

US inflation jumps higher than expected

Prices rose by 0.4% in October surprising most market observers. Markets expect another interest rate rise in December. We take a look at the rise of prediction market websites. And Kim Kardashian's Skims offers refunds for $148 advent calendar after customer backlash.
10 Nov 6PM 25 min

How might Jensen Huang's Nvidia indiscretions change the AI chips race?

We head to Nvidia's chip-making hub in Taiwan to hear reactions to the scandal engulfing Jensen Huang's crucial AI company as its shares fall further on Wall Street. Will the spy saga snuff out any hope of a tech share rebound? And while many drinkers in the West are putting…
10 Nov 11AM 10 min

Could a Spy Scandal Shake Nvidia's AI Empire?

Nvidia’s boss admits an affair with a woman US officials reportedly believe is a Chinese spy. How much of the AI boom rests on one man? Some welcome news for drivers as oil prices keep falling, even as oil tankers continue to come under attack. And as the world demands…
9 Nov 6PM 27 min

Wall St gives its verdict on the Jensen Huang Nvidia affair

Nvidia shares fall in early trading, as the US chip-maker grapples with the fallout of its CEO Jensen Huang's affair admission. What happens next? Also, the boss of Booking.com says jet fuel price rises are changing customers' holiday plans. And LIV Golf looks for a way to revive its fortunes,…
9 Nov 11AM 10 min

What's behind the wave of bomb threats in Europe?

Bomb threats have disrupted around 30 flights across Europe. The threats also caused Ireland's national broadcaster RTÉ to go off air briefly, just days before Ireland hosts major European leaders for a summit. What's behind the threats? Garment workers in Bangladesh have returned to work after protests about pay brought…
6 Nov 6PM 26 min