U.S.-Iran War Escalates, Oil Prices Soar

0:00It's March 31st. I'm Cory with the story, and this is Canada News today, your AI-powered local news. A likely U.S. strike lit up Isbahan, Iran early Tuesday, with a huge fireball while Iran hit a loaded Kuwaiti oil tanker in the Persian Gulf. This ramps up the month-long war that kicked off February 28th when the U.S. and Israel first attacked, and Iran shut down the straight-of. Hormuz choking off a fifth of global oil flow. Global prices are spiking hard, with Brent crude around $107 a barrel, up over 45% since the fighting started. Iran keeps slamming Gulf energy spots, drawing fire from Arab neighbors who want the U.S. to crush Tehran's forces. Gulf states are furious. Sirens blared in Bahrain, Saudi Arabia down missiles aimed at Riyadh, and debris wounded for and Dubai. Over 1,900 dead in Iran, 19 in Israel, more than 1,211 were Israel lost 10.

1:01Soldiers and two UN peacekeepers died. Trump shared video of the Isbahan blast near a nuclear site possibly holding Iran's enriched uranium stockpile, close to weapons grade. He's pushing ceasefire talks but warns of hitting power plants and carg island. Yet the strait stays closed, with 2,500 Marines and 1,000 paratroopers heading in. Meanwhile, Israel's pounding Tehran, too, as the UN Security Council calls an emergency session over Lebanon deaths. Tensions stay sky high with threats of more invasions and minds in the Gulf.