Trump's Middle East Exit Amid Soaring Oil Prices

0:00From Durham, this is your March 21st update. President Trump announced his administration is looking at winding down military operations in the Middle East, even as more warships and Marines head, to the region amid threats from Iran to hit tourist sites around the world. Oil prices have surged, pushing Brent crude from about $70 a barrel to over $119 this week, which tanked the stock. Trump did the U.S. to live sanctions on some Iranian oil shipments to ease fuel costs. Israel launched strikes on targets in Tehan and Hezbollah spots in Beirut's southern suburbs, early Saturday, right after renewing evacuation warnings. For nearby neighborhoods, while Iran kept firing missiles and Saudi Arabia shot down 20 drones near its key oil facilities, the conflict has killed more than 1,300 in Iran, for 1,000 in Lebanon, 15 in Israel, and 13 U.S. service. Members with millions displaced across Lebanon and Iran, airlines like United are bracing

1:03for oil, possibly hitting $175 a barrel into next year, with jet fuel costs already set to. In $11 billion annually, if prices stay high, as the war shows no signs of letting up.