US-Iran Tensions Escalate, Oil Prices Soar

0:00On March 22nd, tensions between the United States, Israel and Iran are spiking as President Trump issued a 48-hour ultimatum to fully reopen. The Strait of Hormuz or face strikes on major power plants, Iran fired back, threatening to hit American energy sites in the Gulf if attacked. This comes amid a war that kicked off on February 28th, already claiming over 2,000 lives. Great sirens blared across Israel early Sunday from incoming Iranian missiles that injured dozens in southern towns. Israel responded with strikes on Tehran just hours later, while US Marines and ships continue heading to the region. Global markets are reeling from the chaos, with oil prices hitting nearly four year highs after Iraq halted foreign oil field operations and attacks. Shut key facilities. The Strait of Hormuz, vital for one-fifth of world oil, remains mostly closed except for select ships negotiating passage, sparking the worst energy. Crisis since the 1970s.

1:01Iran launched long-range missiles at a US British base on Diego Garcia, and fighting escalated with Hezbollah in Lebanon, where Israel raided sites. And demolished border structures, a new pole shills 59 percent of Americans now disapprove of the strikes on Iran, as threats hang over the next two days world leaders watch nervously, with allies hesitant to join in fuel costs, fueling inflation fears everywhere. I'm Corey with the story, that's your global news update AI powered and always on.