US-Iran War: Markets Shaken, Oil Prices Soar

0:00It's March 31st. Welcome to Vancouver News today, powered by AI. The U.S. Iran War just hit its fifth week with no end in sight, shaking up global markets hard. President Trump posted online that if Iran doesn't reopen the straight of Hormuz soon, America will hit their power plants, oil sites, and maybe even water plants to wrap things up. Right after, Iran struck a coity oil tanker nearby, sparking fears of spills but no crew injuries. Trump's been flipping between talk of quit deals and ramping up strikes, while AIDS say he might pull out even without full access to the straight. White House briefings claim operations are on track with heavier hits daily and Iran seems open to some U.S. points, though Tehan denies real progress. Folks are railing worldwide from the chaos oil prices jump nearly 4% to $107 a barrel after the tanker hit. Up 60% this month alone. For 4,750 dead, mostly in Iran, plus 1,111 in Lebanon, where a million are displaced.

1:05UN peacekeepers lost three in the last day. Israel and Iran keep trading missile blows, with strikes blacking out Tehan and hitting refineries. Houthis from Yemen jumped in with attacks on Israel, Iran's parliament ok'd fees in the strait, and Egypt's pushing Trump to end it through, mediation with Pakistan and Turkey. Turkey's talking escorts to secure the strait. Trump eyes grabbing Iran's oil hub, but talks drag with both sides digging in on demands. Markets brace for more pain as this fire spreads.