Oil Prices Surge, Tensions Escalate in Middle East

0:00On March 29th, oil prices spiked over $115 a barrel as Asian markets kicked off Monday more than a month into the war that. Started with U.S. and Israeli strikes on Iran back on February 28th. Iran's top military spokesperson is threatening retaliatory hits on homes of U.S. and Israeli commanders in the region. After strikes twice-targeted A, university in Isfahan this weekend, powers back up across most of Tehran, following damage to energy sites, and Israel reports a fire from an Iranian attack at a southern industrial spot, is now under control. Shipping giants like Marisq are ditching the Red Sea and Suez Canal route again, due to hoothy threats tied to the conflict, opting for the longer haul. Around Africa's tip, which jacks up costs the hit consumers hard. Pakistan's foreign minister says they're gearing up to host peace talks in the coming days, though it's unclear if Iran, the U.S. or others will show. While Iranian leaders warn they're ready to unleash fire on any incoming American ground forces,

1:04we'll stay locked in as tensions simmer. That wraps global news today. Brought to you with AI. I'm Kori with the story.