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At least 153 people, including children, have been killed after a reported strike on a school in southern Iran. Iranian officials there blame the United States and Israel, while the U.S. military says it is reviewing the reports, and Israel's military says it is not aware of any IDF operations in the area.
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Global oil prices are in the high $70s as traffic through Strait of Hormuz comes to a halt. Some analysts have warned they could top $100 a barrel if the stoppage is prolonged.
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The war in the Mideast has effectively halted shipping through the Strait of Hormuz, threatening to push up gas prices and raise the cost of other goods.
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