[00:00] Daniel Brooks: We are following breaking news this morning. Daniel Brooks has the details from our newsroom.
[00:06] Daniel Brooks: From Neural Newscast, I'm Daniel Brooks. Pentagon Chief Pete Hegzath confirmed earlier today that United States and Israeli forces have launched a massive coordinated military operation against targets within Iran.
[00:22] Daniel Brooks: According to reporting from NPR, the aerial strikes began on Saturday following several weeks of failed diplomatic negotiations in the region.
[00:30] Daniel Brooks: Hegseth stated that the mission serves as a direct response to years of Iranian targeting of U.S. military interests and personnel.
[00:39] Daniel Brooks: Early reports indicate the operation has already resulted in the death of Iran's supreme leader,
[00:45] Daniel Brooks: as well as several high-ranking senior officials.
[00:48] Daniel Brooks: However, the Pentagon also confirmed that the conflict has claimed the lives of four American service members stationed in Kuwait.
[00:56] Announcer: And I'm Elise Morel.
[00:58] Announcer: General Dan Kane, the chairman of the Joint Chiefs of Staff,
[01:03] Announcer: characterized this initial phase as a precise targeting of command and control infrastructure,
[01:08] Announcer: naval assets, and ballistic missile sites across the country.
[01:12] Announcer: He noted that the strategic planning for these strikes has been underway for months,
[01:16] Announcer: and in some specific cases, years.
[01:19] Announcer: General Kane warned that the military objectives will be difficult to achieve in the short term,
[01:24] Announcer: describing the upcoming efforts as gritty, necessary work.
[01:27] Announcer: The primary stated goal of the operation is to systematically destroy missile threats
[01:32] Announcer: and ensure that the Iranian government has no remaining nuclear capability.
[01:37] Daniel Brooks: In a statement to The New York Times on Sunday, President Trump suggested that these combat operations could continue for a duration of four to five weeks.
[01:47] Daniel Brooks: While Secretary Hegseth avoided explicitly calling this a regime-change war, he remarked that the regime has indeed changed as a result of the strikes and claimed that the world is better off for it.
[02:00] Daniel Brooks: He also explicitly rejected any suggestion that the United States would engage in long-term nation-building,
[02:06] Daniel Brooks: emphasizing that the focus remains entirely on neutralizing Iran's ability to project military power beyond its own borders.
[02:15] Announcer: The military escalation is already causing immediate and severe disruption to global commerce.
[02:20] Announcer: Reuters is reporting that global oil prices jumped 9% today, Monday, March 2nd.
[02:26] Announcer: This surge follows news that at least 150 vessels, including large oil and liquefied natural gas tankers,
[02:33] Announcer: have dropped anchor near the Strait of Hormuz due to the extreme safety risks.
[02:37] Announcer: At least three tankers have been damaged, and one merchant seafarer has been killed during
[02:42] Announcer: retaliatory actions taken by Iran since the American-led strikes began.
[02:47] Daniel Brooks: This shipping crisis is being further compounded by a sudden withdrawal of insurance coverage.
[02:53] Daniel Brooks: Several major marine insurers, including Guard and the London P&I Club, have announced they are cancelling war-risk coverage for the Persian Gulf and all adjacent waters, effective March 5.
[03:05] Daniel Brooks: This has left many shipowners hesitant to even enter the region.
[03:09] Daniel Brooks: Analysts note that spot shipping rates from the Middle East to Asia have nearly tripled
[03:14] Daniel Brooks: since the start of the year and are expected to climb even higher as various countries
[03:18] Daniel Brooks: scramble to secure their energy supplies in an increasingly volatile market.
[03:23] Daniel Brooks: For now, the situation remains extremely fluid as the military operation enters its third
[03:29] Daniel Brooks: day.
[03:30] Daniel Brooks: From Neural Newscast, I'm Daniel Brooks.
[03:32] Announcer: And I'm Elise Moreau.
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