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US-Iran Escalation Rocks Global Markets | Duluth News

Tensions in the Middle East are soaring as the U.S. and Iran exchange airstrikes, triggering air defense alerts across Kuwait and Bahrain. The U.S. claims its strikes targeted specific Iranian assets to assert control over the Strait of Hormuz — a vital shipping chokepoint Iran cannot dominate. Iran retaliated, sparking a cycle of escalation that’s rattled global markets, pushing oil prices up and Asian stocks down. With the situation still fluid, fear and uncertainty are gripping the region — and the world is watching closely. Listen in comfort:Get a discount on a Soli Pillow…

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