US-Israel-Iran War: Endurance Test, Oil Prices Soar

0:00This is Corey, here with your quick two-minute update from Birmingham News today. The ongoing war between the United States, Israel and Iran has come down to a test of endurance, with both sides betting on who can withstand the pain longer. All prices spiked to nearly $120 a barrel earlier this week, the highest since 2022, highlighting Iran's strategy of hitting the global economy through energy disruptions. And Donald Trump called the conflict short-term to calm markets, which helped drop prices back toward $90, even as he promised to. Press on. Iran faces relentless airstrikes from American and Israeli forces, but has kept its leadership intact and military operations running. The public already upset from earlier protests in January is hunkered down amid the bombings with security forces preventing any new uprisings. Meanwhile, U.S. allies in the Gulf are dealing with missile attacks on oil fields and infrastructure, while Israel endured sophisticated barrages that disrupt daily life with constant sirens.

1:05The fighting shows no signs of stopping, rooted in decades of tension since the 1979 Islamic Revolution. Iran has halted shipping through the strait of Hormuz, choking off 20 percent of global oil and gas trade without even needing minds, just threats. As kept tankers away, Gulf produces like a tar and Bahrain have cut output, hitting Asia hard, especially China. Trump has threatened to hit Iran 20 times harder if the strait stays closed, warning of targets that could cripple the country for good. Iran fired back, vowing to block every drop of oil from leaving the Persian Gulf and claiming they hold the advantage through economic chaos. After an early Israeli strike killed Supreme Leader Ayatollah Ali Kamene, his 56-year-old son Mochetaba Tagovar, seen as even tougher, and tied to the revolutionary guard. Iran still holds a stipile of highly enriched uranium from bond nuclear sites, raising fears it could push toward weapons if the new leader shifts. Quoters This DNN story is thanks to our sponsor details in the description.

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