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Wake Up To Money

US launches Operation Epic Fury

Wake Up To Money

BBC

Business

4.1775 Ratings

🗓️ 2 March 2026

⏱️ 49 minutes

🧾️ Download transcript

Summary

Will Bain gets all the reaction to the US-Israeli operation against Iran. He'll hear from people across the region and also ask what this might mean for global trade and oil supplies.

Elsewhere, we’ll look ahead to the upcoming Spring statement get the low‑down on a newcomer to the boxing world who’s aiming to take on some of the industry’s biggest promoters.

Transcript

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0:00.0

BBC Sounds, Music, Radio, Podcasts.

0:07.0

I'm no longer ravenous. I'll no longer eat until I fall asleep.

0:11.0

The Hunger Game, a new five-part series exploring the meteoric rise of weight loss drugs.

0:16.0

It's been an incredible story with these drugs.

0:18.1

The uptake, the amount of product that's been sold, the amount of money

0:21.2

is cost. What the drugs do, how they work, and the knock-on effects of their widespread use.

0:26.5

We'll be sitting here in three years' time going, oh, it caused problems that we're now going to have to fix.

0:32.3

The Hunger Game with me, Professor Gilesio. Listen first on BBC Sounds.

0:42.9

BBC Sounds. BBC Sounds, music, radio, podcasts.

0:50.0

Wake Up to Money from BBC Five Live. Hello, morning. Welcome to Wake Up to Money. Oil prices are up sharply. Stock markets in Asia have fallen. We'll have the very latest as the conflict in the

0:54.3

Middle East starts to impact the world economy. We'll hear how commercial ships have been targeted

0:58.9

by Iran in retaliation for the US and Israel's airstrikes and hear from a UK business in Bahrain

1:04.7

on how the Gulf Nation became a target. Elsewhere in the program, it's perhaps the least

1:09.5

talked about spring statement of all time, so we'll change that here on Wake Up to Money and ask whether it's been a deliberate ploy to make a little less news this time. Wake Up to Money with Will Bade. Good morning, welcome to Wake Up to Money on Monday the 2nd of March. Just gone 5 o'clock in the morning. We'll with you this morning. And we've got to start, haven't we, with the big news that's dominated the weekend, and it's spilt into the global economy this Monday morning, because global oil prices have risen after at least three ships were attacked near the Strait of Hormuz, which carries about 20% of the world's oil and gas, as Iran continues to launch retaliatory strikes across the region

1:44.9

in response to ongoing attacks by the US and Israel. Iran has warned ships not to pass through

1:50.7

the strait. International shipping as a result has come to almost a standstill there.

1:55.4

After killing the country's leader Ayatollah Ali Khmerini on Saturday morning, President Trump

2:00.3

says operations are ahead of

2:02.4

schedule posting this message on his true social site. Over the past 36 hours, the United States

2:10.2

and its partners have launched Operation Epic Fury, one of the largest, most complex, most overwhelming military offensives the world

2:21.4

has ever seen. Nobody's seen anything like it. We have hit hundreds of targets in Iran,

2:28.3

including Revolutionary Guard facilities, Iranian air defense systems. just now was announced that we knocked out

...

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