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FT News Briefing

War in Iran: What comes next?

FT News Briefing

Forhecz Topher

News, Daily News, News & Politics

4.41.3K Ratings

🗓️ 2 March 2026

⏱️ 12 minutes

🧾️ Download transcript

Summary

The world is reeling after the US and Israel struck Iran over the weekend. The FT’s Najmeh Bozorgmehr details the situation on the ground in Tehran. Then we explore how the renewed conflict affects the United States and the Middle East. Plus, the FT’s Malcolm Moore explains the potential implications for the oil market and the global economy. 


Mentioned in this podcast:

What will war in Iran do to the global economy?

Tehran: a city at war

Oil jumps as Donald Trump vows to continue striking Iran

Insurers to cancel policies and raise prices for ships in Gulf and Strait of Hormuz

Ayatollah Ali Khamenei, Iran’s supreme leader, 1939-2026

After Khamenei, who rules Iran?


Note: The FT does not use generative AI to voice its podcasts 


Today’s FT News Briefing was hosted by Victoria Craig and edited by Marc Filippino. It was produced by Julia Webster. Our show was mixed by Alex Higgins. Additional help from Peter Barber. Our executive producer is Topher Forhecz. Cheryl Brumley is the FT’s Global Head of Audio. The show’s theme music is by Metaphor Music. 


Read a transcript of this episode on FT.com


Hosted on Acast. See acast.com/privacy for more information.

Transcript

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0:00.0

Good morning from the Financial Times.

0:05.7

Today is Monday, March 2nd, and this is a special edition of your FT News briefing.

0:12.0

The U.S. and Israel have launched their most vigorous attempt to overthrow the Islamic regime

0:17.2

since it came to power in 1979.

0:20.5

That will have sweeping ramifications for the country, the wider Middle East, and economies

0:25.9

around the world.

0:27.3

Today, we're bringing you coverage from Washington to Tehran.

0:31.1

I'm Victoria Craig, and here's the news you need to start your day.

0:44.5

Thank you. need to start your day. Over the past 72 hours, the U.S. and Israel have pounded Iran with air strikes.

0:50.4

Supreme Leader Ayatollah Ali Hamenei, who ruled the country with an iron fist for nearly four decades, is dead.

0:57.7

Other senior leaders in the Iranian regime have also been killed in the strikes.

1:02.6

It's tense on the ground in Iran, and Najme Buzorgmir is our Tehran correspondent.

1:08.0

She explains people there feel as though they're standing at the threshold of a new

1:12.2

and unpredictable chapter in their lives. A wave of fear, anxiety and profound uncertainty has swept

1:19.9

across the capital city. Tehran since Saturday, when U.S. and Israeli strikes began. The killing

1:27.1

of supreme leader Ayatollah Ali Khanini

1:29.1

has satisfied his opponents while leaving his supporters in mourning. Confusion is also deepening.

1:38.0

Residents fear, the conflict might not end anytime soon. People asking one another,

1:43.8

the same urgent question, should they remain

1:46.4

at home and follow the news or leave the city in search of safety? Schools and universities

1:51.9

are shut down in Tehran and shops are closed. Only health centers, grocery stores and banks

1:58.3

operate. Highways leading out of of their own are filled with traffic.

...

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