
Iran Threatens Middle East Economic Centers
About this episode
Iran issues stern warning, threatens to target Middle East economic centers; oil prices surge; travel chaos ensues as flights cancel and airspace closes; governments scramble to evacuate citizens; conflict escalates, leaving financial hubs and energy markets on edge.
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UK News Today | 2 Min News | The Daily News Now! — Iran Threatens Middle East Economic Centers. Machine-transcribed; use the interactive transcript above to jump the player to any line.
On March 4, Iran has warned they will target all major economic centers across the Middle East if attacks from the United States and Israel keep. Coming. A top revolutionary guard commander made the threat after a drone strike hit the parking lot of the U.S. consulate in Dubai, causing a small fire then. Fire fires quickly put out with no injuries. The commander also said Iran could shut down the Strait of Hormuz, a key route for oil and gas shipments that handles about one-fifth of the worlds. Liquid-fied natural gas trade. Oil prices have already climbed above $80 a barrel and they warned it could hit $200 soon. Travelers are rushing to get out of the region as fights cancel and airspace closes. In Dubai, tourists fled beaches and hotels amid missile alerts and explosions lighting up the sky. Thousands of cruise passengers are stuck on ships turned into floating hotels at Gulf ports unable to sail through the tense waters. Governments are stepping up evacuations with Britain organizing a special flight from
Oman's Muscat Airport at 11 pm. Local time tonight for vulnerable nationals. Airlines like Emirates and British Airways are adding extra runs to the UK, though over 11,000 flights have been scrapped, stranding about. One million people. As strikes continue on U.S. bases and expat areas from Dubai to Kuwait, the conflict shows no signs of cooling, leaving financial hubs and energy. Markets on edge. Improves no signs of cooling, leaving financial hubs and energy. Markets on edge.
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