OTTAWA – Tensions between the United States and Iran escalated significantly on Tuesday, according to a CBC News broadcast. President Donald Trump issued a warning that “a whole civilization will die tonight, never to be brought back again” if Iran does not reopen the Strait of Hormuz by 8 p.m. Eastern time.

The U.S. has reportedly struck 50 military targets on Karg Island in Iran, a strategic oil export site, confirmed by Vice President J.D. Vance while on a trip to Hungary. Vance stated that the President’s deadline had been followed and that energy infrastructure targets would not be struck unless Iran makes a proposal or fails to do so.

During the broadcast, it was reported that attacks have begun against railways and electrical infrastructure in Iran. Privately, talks between the two countries are continuing through intermediaries, though publicly Iran has maintained a defiant stance.

Prediction Markets Face Increased Scrutiny

The CBC News broadcast also addressed growing concerns surrounding prediction markets. Experts suggest these markets share structural similarities with gambling. Andrew Kim, a licensed clinical psychologist, stated during the program that betting on prediction markets is not significantly different from betting on traditional sports gambling platforms. Concerns were raised about the potential for manipulation and misuse, particularly in the context of geopolitical events. The House of Commons is currently studying a bill aimed at creating national rules for sports gambling advertisements, sponsored by an Ontario senator.