Trump's Iran Threats: War, Oil Prices Soar

0:00On April 1st, President Trump dropped a bombshell on Truth Social this week, warning Iran to quit blocking the Strait of Hormuz or Facebook sending. Then back to the Stone Ages. This key waterway handles most of the world's oil, and the standoff ties right into the war that kicked off on February 28th with U.S. and Israeli airstrikes hammering Iran. Earlier this week, Trump flipped from saying the U.S. wants no part in securing ships there to hinting at a ground push with more American troops. Heading to the region after weeks of air campaigns. He even claimed Iran's president is begging for a ceasefire, though officials in Tehran called that Strait of Lies. Iranians are pushing back hard with their foreign minister telling Al Jazeera no deadlines scare them and they're ready for whatever comes. Oil prices have jumped over 40 percent since the fighting started, hitting around $101 a barrel for Brent Crude, which means gas, food, and everything else cost way more for folks everywhere. And heads keep piling up.

1:01A cruise missile nailed an oil tanker off Qatar, drone struck Kuwait's airport and places in Jordan and Saudi Arabia, and Israel took fire too with sirens blaring until a Veeve. Casualties mount with over 1,900 dead in Iran, 1211 on, and losses on all sides including 13 U.S. troops. As Trump preps a big TV address tonight, the mix of threats, backtracks, and fresh attacks shows this conflict's far from wrapping up. Following the region on edge and markets watching every move.