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newsMar 5, 20261:52

US-Iran Conflict Escalates, Markets Plummet

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House lawmakers narrowly reject war powers resolution against Iran, as US embassy in Kuwait shuts down following Iranian retaliatory strikes. Trump claims Irans navy is destroyed, hinting at a possible deal but maintaining focus on the fight. Irans ambassador denies talks with the US, warning of fierce resistance to any US ground invasion. Israel reports destroying most of Irans air defenses and missile launchers, while Lebanons death toll rises to one hundred twenty-three. Financial markets plummet as oil prices surge, sending the Dow down one thousand fifty-two points. Ukraine sends drone defense experts to help the US, and the World Health Organization pauses operations at its Dubai hub due to the chaos.

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US-Iran Conflict Escalates, Markets Plummet

Durham News Today | 2 Min News | The Daily News Now!

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Durham News Today | 2 Min News | The Daily News Now!US-Iran Conflict Escalates, Markets Plummet. Machine-transcribed; use the interactive transcript above to jump the player to any line.

I'm Cory, and this is your Pulse of the City, Durham News Today. House lawmakers voted down a War Powers Resolution, 212-219, aiming to stop President Trump's military actions against Iran. This came just a day after the Senate rejected a similar measure. Meanwhile, the U.S. Embassy in Kuwait fully shut down following Iranian retaliatory strikes that killed six American soldiers there. Trump boasted that Iran's navy is destroyed, with 24 ships sunk in three days, along with its air defenses and planes. He hinted at a possible deal soon, but said the focus remains on the fight. Trump also urged Iranian diplomats worldwide to seek asylum, and promised immunity to help rebuild the country. Iran's ambassador to Egypt denied any talks with the U.S. Calling Trump's claims inaccurate due to a total lack of trust. He described the conflict as a full-scale war across military, cyber, economic, and political fronts. Iranian officials warned that any U.S.

ground invasion would face fierce resistance. Israel reported destroying 80% of Iran's air defenses and 60% of its missile launchers, though 40% remain. The military promised more surprises in the next phase. In Lebanon, the death toll from clashes rose to 123, with strikes hitting Beirut suburbs. Financial markets took a hit, as oil prices surged, sending the Dow down 1,052 points. Stocks and airlines and small companies fell hard. Other updates include Ukraine sending drone defense experts to help the U.S. and the World Health Organization pausing operations at its Dubai hub, due to the chaos. The daily news now is powered by our sponsor. If earbuds fall out when you sleep, this is for you, a pillow with built-in sound, S-O-L-I, solely pillow.com.

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