Iran's $200 oil warning, trade probes, school strike and Lebanon

Tankers burn and Iran says the world should be prepared for oil prices to soar, as major economies release barrels from their strategic reserves. Investigators think the U.S. military may have been responsible for a strike on a girls’ school on the first day of the war. Around 800,000 people in Lebanon have left their homes as the Israeli campaign against Iran-backed Hezbollah widens. Plus, a train from Pyongyang to Beijing sets off for the first time in six years. Listen to the Morning Bid podcast ⁠⁠here⁠⁠. Sign up for the Reuters Econ World newsletter ⁠⁠here⁠⁠. Listen to the Reuters Econ World podcast ⁠⁠here⁠⁠. Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices. You may also visit megaphone.fm/adchoices to opt out of targeted advertising. Learn more about your ad choices. Visit megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices