This BBC Global News Podcast special edition reports on the US attacks on Iran's nuclear facilities, which President Trump claims have "totally obliterated" them, a claim the Pentagon is more cautious about. The podcast explores potential Iranian responses, including possible attacks on US bases or disruption of oil exports via the Strait of Hormuz, and the implications for financial markets, particularly oil prices. It also delves into the broader strategic consequences, such as the potential for increased nuclear proliferation and the long-term impact on the balance of power in the Middle East, with analysts offering varied perspectives on the future of the region and Iran's role within it.