00:00Oil just exploded, and the world is holding its breath.
00:03Crude prices surged over 6% in a single day as conflict in the Middle East intensifies.
00:09Brent briefly shot past $82 a barrel.
00:12U.S. crude climbed above 71.
00:14Gold jumped as investors rushed for safety.
00:17Military strikes between the United States, Israel, and Iran show no sign of slowing.
00:22Iran responded with missile barrages.
00:24President Donald Trump warned the conflict could last four more weeks.
00:28And attacks will continue until U.S. goals are met.
00:31Now all eyes are on the Strait of Hormuz.
00:34Nearly 20% of the world's oil flows through this narrow passage.
00:38Tankers are already piling up.
00:40Insurance is tightening.
00:41If supply is blocked, oil could skyrocket even higher.
00:45Some analysts say this could echo the 1970s oil embargo.
00:49Back then, prices tripled.
00:51Today, that kind of spike could crush economies already fighting inflation.
00:55Stocks are sliding across Asia, Europe, and Wall Street.
00:58Airlines are sinking.
01:00Currencies are swinging.
01:02Investors are bracing for impact.
01:04And this comes during a major U.S. data week.
01:07Manufacturing numbers.
01:08Retail sales.
01:09And the crucial jobs report.
01:11If the economy weakens while oil surges, inflation could roar back.
01:16Rate cuts could vanish.
01:17And markets could face even more turbulence.
01:20The big question is simple.
01:22Will this conflict cool down?
01:24Or is this just the beginning?
01:25Is this just the beginning?
01:25you
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