War with Iran: Day 6

9-1-1, where is the emergency?

It's the middle of the night in a small town on the Jersey Shore.

Someone reports an abandoned car on a bridge.

A search gets underway for the missing driver, 19-year-old Sarah Stern.

Is it a missing person? Is it a suicide?

At this point, nobody knows.

Old friendships, buried cash, and a sinister plot that was once pitched as a movie plays out in real life.

I'm Ju-Ju Chang from 2020 and ABC Audio.

Listen now to Bridge of Lies, wherever you get your podcasts.

Welcome to Nightline, this special edition wore with Iran.

I'm Byron Pitt.

We want to remind you that this very broadcast nightline was born out of conflict between the US and Iran.

The Iran hostage crisis in 1979.

Nightline was formed to help shed light in a dark and dangerous time.

We were there then, we're still here now, for a decade later.

On this episode, Pain at the Pump, as the Pentagon touts its success in Iran,

the economic impact being felt here at home, from small business owners.

It's just amazing how world problems impact our business.

To the rising cost of gas.

We are talking about Americans paying almost $100 million more per day for gas than they were a week ago.

How much higher can prices go?

Plus, the latest in the ground from the region and with thousands of Americans stranded,

the first light out of Dubai lands in New York.

Stay with us after the break.

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First up, while the conflict may be half a world away,

the economic impact is already being felt here at home.

Some small business owners are facing tough choices,

and American drivers are feeling the growing pain at the pump as prices soar.

I got a WhatsApp message from our shipper in Nepal, and they said,

do you know what's going on in Iran?

A small business owner, Marla Schofer,

washed the war with Iran, break out,

and flight after flight get grounded.

She immediately started to worry.

It's just amazing how world problems impact our business.

Many of the products from her import business fly through Qatar

and were due to ship out right as the conflict began.

Marla's company called Winding Road is a dream realize.

I traveled to other countries, and I set up and work with different artisan groups

to produce handbags and home decor.

Over 15 years, it's grown into a thriving business

with her goods in more than 3,000 retail stores across the world.

We are now employing over 300 women in Nepal

who had been at risk for human trafficking.

We contribute to their children's education.

We provide them with, you know, healthcare.

So I do feel like we are making a difference in people's lives.

But the journey hasn't been without roadblocks.

The latest coming just this past weekend.

There's people, thousands and thousands of people stranded

that can't get out.

There's goods in cargo that can't get in or out.

With the U.S. ramping up the war effort in Iran.

We're destroying more of Iran's missiles and drone capability.

Every single hour knocking them out like nobody thought was possible.

The economic impact starting to be felt around the world

from small business owners like Marla to rattled markets.

Tonight the stock market plunging.

The Americans here at home are seen the impact of the war at the gas pump.

The biggest concern centered around spiking oil prices

on Thursday or on claiming it struck a tanker in the Gulf.

And also hit an oil facility in Bahrain.

Here in the U.S., Americans going to fill up their tanks

may already be feeling with gas prices up almost 30 cents in the last week.

Bill up your gas tanks today.

Carpool to work if you can. Walk everywhere if you can.

We are talking about Americans paying almost a hundred

million dollars more per day for gas than they were a week ago.

But when are we going to get a break?

But now it's really, are we even going to get a break?

We already are paying more in the grocery store or a pain.

The summer I'm not going to be traveling in my vehicle as much

as I would have otherwise.

Oil is at the center of the global economy.

And you can't think about oil and the global economy

without talking about the Strait of Hormuz.

The Strait of Hormuz, a narrow passageway between Iran and Oman,

is where one-fifth of the world's oil passes through.

Since the war began, movement there coming to a virtual standstill.

Iran threatening to attack ships that try to pass through.

The U.S. is the biggest producer of oil in the world.

But the reality is oil trades in a global market.

So even though we make a lot of our own oil,

the price of oil depends on oil all around the world

and what's happening with supply and demand.

And when you see this huge part of the market right now virtually

shut down, that affects the prices that we pay.

President acknowledging the rising prices earlier this week.

If we have a little high oil prices for a little while,

but as soon as this ends, those prices are going to drop,

I believe lower than even before.

And now the Treasury Department unveiling a new plan to try and lower oil prices

by facilitating the sale of Russian oil to India.

This is no change in policy towards Russia.

This is a very brief change in policy,

just to keep oil prices down a little bit better than we could otherwise.

The latest crisis in Iran making some flashbacks,

lines like these in the late 1970s.

When gas prices sort, tell me what you think of this dollar, a gallon gasoline.

Arrages. Arrages.

Short just causing runs on gas stations.

And you've been in line, how long?

About 30 minutes.

You angry at anybody?

I'm angry at Carter, but who is it?

America's gas crisis, a result of the bloody Iranian revolution.

We're undoubtedly in a different place right now in the global oil market than we were in the 70s.

There is a lot more production coming out of the United States.

That is one big factor.

We have other energy sources like renewable energy.

Natural gas is another big factor.

Pain in the pump might just be the beginning.

Experts say higher fuel costs could trickle down to the grocery store and airline tickets.

Back at her warehouse, Marla is now stuck in a waiting game.

She had to get creative to find an alternative route for her goods.

The next thing we could find open was on Kepa Pacific through Hong Kong,

but that's going to take an extra 10 days and that's going to cost a lot more money.

For now, she hasn't decided if she'll have to increase her prices

or if she'll just eat the cost.

She recently raised prices because of the tariffs.

We just keep going forward.

I think that's just what we have to do.

I think we'll get through it, but it's not business as usual.

Coming up after the break, our chief foreign correspondent Ian Panell

from the region on the latest developments in the conflict.

And some of the stranded Americans finally making it home.

From unsolved mysteries to unexplained phenomena,

from comedy goal to relationship fails,

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Welcome back, Grace.

You and your sister are here for a very exciting reason.

Hunters, you haven't told Dom to kill them both.

Experience the most unhinged.

I'm not playing!

Diabolically twisted.

Movie of the year.

Yeah!

Tomorrow weaving, Catherine Newton, Elijah Ward, and Sarah Michelle Geller.

Back for round two?

Yeah.

But you're not too here I come.

We did our under 1790m without Farad.

Nothing only beaters.

Now to the region where US and Israel are ramping up their strikes on

Iranian targets,

while more countries are being drawn into the widening conflict.

And some of the first stranded Americans finally making it home.

Here's ABC News, chief foreign correspondent Ian Pano.

The US and Israel unleashing new waves of devastating attacks on Iran tonight,

ramping up strikes against the regime.

And later today, President Trump saying the operation is far ahead of schedule.

We're destroying more of Iran's missiles and drone

capability every single hour, knocking them out like nobody thought was possible.

The president urging regime change and telling our John Karl

that he should have a role in picking Iran's next supreme leader,

and saying the Ayatollah Hamane son, Mojtaba, is not an acceptable option.

I'm once again calling on all members of the Iranian Revolutionary Guard,

the military and the police to lay down their arms.

They're only going to be killed.

And now is the time to stand up for the Iranian people and help take back your country.

And tonight, Secretary Pete Hexer saying the amount of firepower over Iran

is about to surge dramatically.

Iran is hoping that we cannot sustain this,

which is a really bad miscalculation for the IRGC in Iran.

Israel releasing video of a mid-air dogfight over Iran.

The IDF saying the Israeli F-35 stealth fighter

shot down an Iranian war plane, marking the first ever confirmed air-to-air

takedown by an F-35.

US B-52 bombers striking Iranian ballistic missile and command and control facilities.

And tonight the war widening.

Israel fighting on two fronts striking Iran and Lebanon,

pounding Beirut.

Al-Mak Rivers is there.

It sounds like incoming.

Yeah, there's the explosion, series of explosions there.

That's the latest Israeli air strike.

Hundreds of thousands of people were warned by the Israeli military to evacuate from

there earlier today in advance of those air strikes that we just heard.

But Iran's still striking back.

Today releasing video claiming to show the launch of a missile with multiple warheads.

Dramatic video posted online, capturing massive explosions as Iranian missiles

slammed into an oil refinery in Bahrain.

Air defense systems firing, but missing the missiles, no injuries reported.

And for the first time since this war erupted,

Azerbaijan says it was targeted by two Iranian drones.

One landing near a school.

Another hitting an airport causing injuries.

Iran denies attacking the country.

And with more US troops heading to the region, a new warning from Iran tonight,

saying thousands will be killed if the US dares launch a ground offensive

on Iranian officials saying we're waiting for you.

Thousands of Americans still struggling to escape the war-torn region,

the first direct flight from Dubai arriving in New York today.

The State Department confirming the first charter flights took off,

and they're surging additional flights and ground transport to help get Americans out.

25,000 flights have been cancelled since the war began.

Officials say at least 20,000 Americans have already returned to the US since Saturday,

at least 10,000 helped by the task force.

And then the war started.

Ryan Rivera Cabrera, a college student from Boston, was trapped in Dubai after the war broke out.

Telling ABC News, the US government did very little to help him.

Really, every time we contact a federal resource,

it would just say it's a shelter in place and, you know, aim to find a commercial flight.

Cabrera saying he didn't feel safe until he landed in New York today.

I didn't feel relief, and so the wheel started running on the floor just a few hours ago.

You know, that's when I finally was able to, like, take a sigh of, you know, relief.

We saw a lot of missiles.

Charles Lowe from New Jersey also on that flight back to the US,

saying he saw missiles flying over his head in Dubai.

Not usual to have missiles intercepted above your head.

How do people want you to get a flight out there?

It's possible.

Our thanks to Ian.

That's all for now.

Thank you for listening.

And tomorrow, don't miss another special edition of Nightline, War with the Run.

Each night will bring you the latest and unique deep dives on the conflict,

bringing you up to speed with everything you need to know.

If you like this podcast, let us know

with the review on Apple Podcasts, Spotify, or wherever you're listening.

Check out Start Here for more on the days news.

And stick with us for updates throughout the day on ABC News Live.

We'll be right back here tomorrow.

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