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WSJ Minute Briefing

The U.S. Sank an Iranian Warship

WSJ Minute Briefing

The Wall Street Journal

Business News, News

4.1671 Ratings

🗓️ 4 March 2026

⏱️ 2 minutes

🧾️ Download transcript

Summary

Plus: An Iranian missile launched at Turkey is shot down. QatarEnergy, the world’s largest producer of liquified natural gas, declares force majeure. And U.S. markets and oil prices stabilize. Alex Ossola hosts. Sign up for WSJ’s free What’s News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

I think the potential of Agenic is to rethink how work gets done overall.

0:05.0

It challenges all sorts of traditional orthodoxies around how organizations execute the work at hand.

0:11.3

That's Jason Gersatus, CEO of Deloitte U.S., talking about the transformational potential of A.Gentic AI.

0:17.9

Join him later to learn why agents are a game changer for businesses across industries.

0:26.0

Here's your midday brief for Wednesday, March 4th. I'm Alex O'Sullough for the Wall Street Journal.

0:31.9

An American submarine has sunk an Iranian warship. Defense Secretary Pete Hegeseth said today that the Iranian ship was

0:38.4

sailing in the Indian Ocean when it was struck by a U.S. torpedo. He says it's the first sinking

0:43.3

of an enemy ship by a torpedo since World War II. The U.S. has been focused on destroying the

0:48.7

entire fleet of Iranian warships. And a U.S. official and a regional officials say the U.S. shot down an Iranian missile that

0:55.8

was headed toward a Turkish military base that hosts American forces. Turkey earlier said NATO forces

1:01.4

shot down the missile. Qatar Energy, the world's largest producer of liquefied natural gas,

1:07.4

said it can't fulfill its contractual obligations because of attacks on its facilities.

1:12.5

Two days after it halted its entire LNG output in the wake of an Iranian drone strike on its

1:17.2

facilities, it declared force majeure, a way for companies to be released from contractual liabilities.

1:23.4

It could be a sign that Qatar doesn't intend to restart its gas plants soon.

1:28.1

And U.S. markets appear to set aside their fears over the conflict in the Middle East.

1:32.8

Stocks rose in morning trading and oil prices stopped their rise, with Brent crude stabilizing around $81 a barrel.

1:40.2

Heads up, an artificial intelligence tool helped us make this episode by creating summaries that were based on WSJ reporting and then reviewed and adapted by an editor.

1:49.2

We'll have more coverage of the day's news on the WSJ's What's News podcast.

1:53.1

You can add it to your playlist on your smart speaker or listen and subscribe wherever you get your podcasts.

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