Israel Today: Ongoing War Report - Update from 2026-03-03 at 12:02

0:00Tyler Reddick here from 2311 Racing. Another checkered flag for the books. Time to celebrate with Chamba. Jump in at ChambaCasino.com. Let's Chamba. No purchase necessary, VTW Group. Boy, we're prohibited by law. CT and C, 21 plus sponsored by ChambaCasino. The time is now 12.02 pm in New York. I'm Noah Levi and this is the latest Israel today. On-going war report. In Operation Lion's Raw, Israeli strikes hit, what is described as the symbolic heart of Iran's Islamic regime, targeting the assembly of experts as it was reportedly meeting to choose Iran's next supreme leader. Iranian outlets said the structure in KUM was flattened and Tasnum, linked to the IRGC, confirmed the assembly's compound in KUM had been struck and that its building in Tehran at the site of the former parliament was also hit overnight. A telegram channel claimed the strike targeted a formal session

1:00convened to select the Islamic Republic's next leader, alleging members were killed or wounded. The assembly of experts is the clerical body empowered under Iran's constitution to appoint, supervise, and in theory, dismiss the supreme leader. The second and last person to hold that role was Ali Kaminay, who was killed in Israeli airstrikes on Saturday morning. The assembly consists of 88 clerics elected to eight-year terms, though all candidates must first be vetted by the Guardian Council. In direct Israeli-run clashes, footage shows a ballistic missile impact this morning in K-Far-Uval in Northern Israel. In U.S. military role, sent KUM says that since the start of Operation Epic Fury on Saturday, more than 17 zero targets have been struck across Iran, including command and control centers, IRGC joint headquarters, IRGC aerospace forces headquarters, integrated air defense systems, ballistic missile sites, and Iranian Navy ships and submarines, among other targets. The update notes that hundreds of strike and support assets

2:02are being used from the U.S. Air Force, Army, Marine Corps, and Navy, including platforms such as B-1, B-2, and B-52 bombers, various fighters, aerial refueling and electronic warfare assets, and regional surveillance and air defense capabilities. In regional impacts, Britain's Prime Minister said the type 45 destroyer HMS Dragon will be deployed to the Middle East amid strikes on British personnel and infrastructure in Cyprus. Israeli assessments also suggest that Saudi Arabia, the United Arab Emirates and Qatar may strike Iran soon. A separate report notes Britain is sending a warship to Cyprus after a drone strike hit a UK base. Global markets reacted to the war, with energy prices rising and stocks falling. The NASDAQ composite declined about 2%, European markets fell by roughly 3% or more. Euros and core inflation surprised to the upside, and the Dutch TTF natural gas price jumped over 40% to above 60 euros per megawatt hour,

3:03with broader dollar strength and cross-continental stock declines. In U.S. policy concerning Israel, a president's remarks suggested the United States did not feel Israel forced Washington's hand to strike Iran. Though the president said negotiations had created a sense they might act and defended the readiness of both sides. In another briefing, a White House encounter described Iran's capabilities in stark terms, and noted German Chancellor Merz's assistance to the United States on Iran policy. A political report summarized remarks that Iran's missile capabilities were being decimated, with U.S. ammunition stocks described as unlimited, and that defense firms were operating under emergency orders to boost production. The president said he is open to working with surviving elements of Iran's ruling regime, suggesting the conflict could continue for days or weeks. In Israeli domestic politics, a court extended restrictions on Jonathan Urich, Netanyahu's longtime aide. But ruled he may speak with the Prime Minister

4:03provided they do not discuss the investigation. Noting Urich is barred from working at the Prime Minister's office, and from contacting individuals named in the case, the ruling stems from the build leak affair, in which Urich and others are suspected of involvement in the transfer of classified wartime material, published by a German tabloid, and whether the leak was coordinated or politically motivated. In Israeli economy and business, experts warned that war with Iran could deepen Israel's economic weaknesses. The direct military costs, reserve days, flight hours, interceptors and munitions are measured in billions, and the broader hit to output from disrupted activity could be substantial. Some sectors notably high tech may continue to operate remotely, but industry faces vulnerability to prolonged disruption, while agriculture remains active. In the near-term, investor sentiment is uncertain as the economy absorbs the immediate fiscal strains and potential longer-term impacts on growth and stability. Thank you for tuning into this Israel today,

5:05ongoing war report update. I'm Noah Levi. Stay safe and informed. Keep in mind that this AI-generated report may contain occasional inaccuracies, so consult multiple sources for a comprehensive view. Find the code and more details in the podcast description. MUSIC It is Ryan C. Crest here. There was a recent social media trend which consisted of flying on a plane with no music, no movies, no entertainment. But a better trend would be going to chumbacaceno.com. It's like having a mini social casino in your pocket. Chumbacaceno has over 100 online casino-style games, all absolutely free. It's the most fun you can have online and on a plane. So grab your free welcome bonus now at chumbacaceno.com. Sponsored by Chumbacaceno. No purchase necessary VGW group void for prohibited by law on 21-plus terms and conditions apply.