← March 13, 2026 briefing
Iran War Drives Oil Past $100 as Gulf Attacks Intensify
World

Iran War Drives Oil Past $100 as Gulf Attacks Intensify

Oil has broken the $100-a-barrel barrier as Iranian strikes and ship attacks choke traffic through the Strait of Hormuz, triggering fuel shortages and protests worldwide. The US-Israel military campaign is costing Washington more than $11.3 billion in its first six days alone, and the Pentagon has burned through what officials describe as 'years' worth of munitions — including Tomahawk missiles. Iran has struck a residential area in northern Israel while Israeli strikes have killed Iranian nuclear scientists and hit central Beirut, where nearly 700 people have died so far.

Sources
Mar 12

Fear of Iranian mines in the Strait of Hormuz could further slow the flow of oil

NPR · 8:28 PM

Mar 13

Israel drops abuse charges against soldiers

Al Jazeera · 3:39 AM

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