Iran-Israel Conflict Escalates, Oil Prices Soar

0:00On this March 18th, here's what's shaping the world. Iran launched missile strikes on Israel and several Gulf countries this week, killing two people near Tel Aviv with advanced multiple warhead weapons. Designed to dodge defenses, this came right after Israel killed Ali Larajani, a top Iranian security official believed to be a key leader. Attacks hit places like Saudi Arabia, the United Arab Emirates, Kuwait, Bahrain and Qatar. Hitting oil areas and military sites. Meanwhile, Israel kept up heavy airstrikes in Lebanon against Hezbollah targets, hitting apartment buildings in Beirut and killing at least six people. A projectile also struck Iran's Bush Aher nuclear power plan, but officials reported no damage or injuries. The head of the International Atomic Energy Agency urged all sides to show restraint to avoid any nuclear risks. Oil prices stayed high, with Brent crewed above $100 a barrel, up over 40 percent since the war began on February 28th.

1:00Iran's strategy focuses on hitting Gulf energy sites and tightening control over the strait of Hormuz, through which one-fifth of the world's oil passes, sparking fears of a global energy crunch. Leaders reacted with frustration, as President Trump vented online that the U.S. does not need help from allies to reopen the strait, casualties mount, with over 1,300 dead in Iran, more than 911 on, and deaths on the U.S. and Israeli sites. Iran also executed a man accused of spying for Israel amid crackdowns on protests. The conflict shows no signs of easing, with U.S. forces dropping massive bombs on Iranian missile sites near the strait and pro-Aran groups attacking. The U.S. Embassy in Baghdad again. Iran vows to keep pressuring shipping lanes, while Israel targets more Hezbollah positions in southern Lebanon. Support for this episode comes from our sponsor. See the description. Head in, sound on, lights out. That is the routine, S-O-L-I-SoliPillow.com.