Iran's New Leader Amid War: Oil Prices Soar

0:00The latest international headlines, politics, and world affairs, right here on global news today. Iran has named Mochetaba Kaminay as its new supreme leader. Replacing his father Ali, who was killed in early strikes from the ongoing U.S.-Israeli war, dismoved by the assembly of experts, signals hardliners staying in power as the conflict hits its 10th day. Fresh missile and drone attacks continue across the Middle East from both sides. Israel launched strikes in central Iran and hit his Bola sites in Beirut, while Iran and its allies targeted U.S. sites near Baghdad and Erbil, plus. Areas in Saudi Arabia and Bahrain. Smoke rose from a Bahrain oil refinery after a drone hit caused injuries and damage. Casualties mount with seven U.S. troops dead. Two Israeli soldiers killed in Lebanon and over 1,300 Iranian civilians reported. Kigled. Pope Leo warned of a huge tragedy from the hatred and fear spreading in the region, calling for prayers to end the bombs and start talks.

1:05President Trump said the U.S. should approve the new leader or he won't last, but later held back Kamin. Israel had threatened anyone chosen. Oil prices surged past $100 a barrel for U.S. crude and over $108 for Brent, up 20% in a day due to. Supply cuts from the strait of Hormuz disruptions, producers from Qatar to Kuwait halted outlet, with more expected. Asian markets plunged with Japan's Nikkei, down nearly 6% in South Korea, off 6.5%. G7 Finance ministers meet today to discuss releasing oil from emergency reserves, with some nations already on board. This story is made possible by our sponsor. When you want calm, do not reach for your phone, lay back and listen, s-o-l-i-soli-pilo.com.