Iran-US Tensions Escalate, Oil Prices Soar

0:00On March 3rd, here's the latest out of Durham. Tensions in the Middle East are skyrocketing after Iran launched a drone strike on the U.S. Embassy in Riyadh, Saudi Arabia's capital, early Tuesday. The attack damage part of the roof, because no deaths or injuries. This comes as Iran retaliates against U.S. and Israeli air strikes that killed its supreme leader Ayatollah Ali Kaminay on Saturday and at least 7. 187 people since the war began according to Iran's red crescent. Meanwhile, satellite images reveal damage to buildings at Iran's key Natanzai nuclear facility from recent strikes, though officials say no radiation, risks. The conflict has spread, with Hezbollah firing missiles at Israel from Lebanon, prompting Israeli troops to push into southern Lebanon and hit Beirut with air strikes. World leaders and citizens are reacting strongly. U.S. Senators grilled defense officials over the war's origins, while Israeli Prime Minister Benjamin Netanyahu vowed harsher responses against Iran and Hezbollah.

1:05Countries like Bulgaria, South Korea, Thailand, and others are evacuating thousands of nationals from the region via buses and flights to safer spots. Oil markets are reeling too, with crude prices jumping 8.6 percent to $77.36 a barrel amid attacks on key, production areas, and the Strait of Hormuz. Iraq halted output at major fields due to tanker shortages, and stocks plunged worldwide, including a 1.8 percent drop in the Dow. As Biden continues, global calls grow for diplomacy. China warned of repercussions. The U.N. urged probes into civilian hits like a school strike, and evacuations ramp up with over 109. 100 flights cancel to the area Tuesday, official stress-protecting civilians amid the chaos. Appreciation to our sponsor for backing this episode. No earbuds, no headbands, no awkward sleeping positions, just a pillow that plays your sound.