Latest / GNN Daily Breaking News / Iran Expands Strikes on Gulf States After U.S. Attacks, Strait of Hormuz Closed
Transcript
- 0:00Speaker 1: The Middle East crisis has entered a dangerous new phase
- 0:03Speaker 1: as Iran broadened its military campaign against Gulf states following
- 0:08Speaker 1: US strikes, while declaring the Strait of Hormas closed to
- 0:11Speaker 1: international shipping. Iranian missiles and drones hit oil facilities, ports,
- 0:17Speaker 1: and military sites in Saudi Arabia, the United Arab Emirates,
- 0:22Speaker 1: and Bahrain, causing fires, infrastructure damage, and civilian casualties. Governments
- 0:28Speaker 1: in the region have condemned the attacks as acts of
- 0:31Speaker 1: aggression and vowed coordinated defense measures. The Pentagon confirmed that
- 0:36Speaker 1: US forces are assisting allies and intercepting incoming projectiles, warning
- 0:42Speaker 1: that Iran's escalation risks dragging the entire Middle East into
- 0:46Speaker 1: a wider war. Analysts note that by striking Gulf states directly,
- 0:51Speaker 1: Tehran has widened the conflict beyond its standoff with Washington,
- 0:55Speaker 1: threatening global energy supplies and regional stability. Oil markets reacted instantly,
- 1:01Speaker 1: with crude prices surging to multi year highs as traders
- 1:05Speaker 1: braced for prolonged disruption. Shipping companies began re routing vessels
- 1:10Speaker 1: away from the Gulf, while insurers raised premiums for operations
- 1:15Speaker 1: in the region. Economists warned that if the Strait of
- 1:18Speaker 1: Hormas remains closed, the global economy could face one of
- 1:22Speaker 1: the most severe supply shocks in decades. Diplomatic fallout is mounting.
- 1:28Speaker 1: European leaders urged immediate de escalation, while Gulf states pressed
- 1:32Speaker 1: for emergency consultations with NATO and the United Nations. China
- 1:37Speaker 1: and Russia criticized Washington, but also expressed concern about Iran's
- 1:42Speaker 1: widening strikes. Regional observers say the attacks mark one of
- 1:46Speaker 1: the most dangerous escalations in decades, with the risk of
- 1:50Speaker 1: a multi front conflict now looming for civilians in the Gulf.
- 1:55Speaker 1: The strikes have triggered fear and uncertainty. Governments urged residentdents
- 2:00Speaker 1: to remain indoors, while emergency services scrambled to respond to
- 2:04Speaker 1: fires and infrastructure damage. The unfolding crisis underscores the fragility
- 2:10Speaker 1: of regional security and the global stakes tied to the
- 2:13Speaker 1: Strait of Hormas and Gulf oil production. The closure of
- 2:17Speaker 1: the strait, through which nearly one fifth of the world's
- 2:20Speaker 1: oil supply passes, has already disrupted shipping lanes and raised
- 2:25Speaker 1: fears of a prolonged energy shock. Analysts warned that prolonged
- 2:29Speaker 1: closure could trigger inflationary waves worldwide, destabilized trade, and intensify
- 2:35Speaker 1: geopolitical rivalries. As the situation deteriorates, the world watches anxiously.
- 2:42Speaker 1: The combination of US strikes, Iranian retaliation, and Gulf States
- 2:47Speaker 1: under fire has created one of the most volatile flash
- 2:50Speaker 1: points in recent history, with consequences that could reverberate far
- 2:54Speaker 1: beyond the Middle East.