{"id":344197,"date":"2026-03-12T07:43:04","date_gmt":"2026-03-12T12:43:04","guid":{"rendered":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/irans-unrelenting-attacks-on-mideast-shipping-and-energy-infrastructure-send-oil-prices-up-again"},"modified":"2026-03-12T07:43:09","modified_gmt":"2026-03-12T12:43:09","slug":"irans-unrelenting-attacks-on-mideast-shipping-and-energy-infrastructure-send-oil-prices-up-again","status":"publish","type":"post","link":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/irans-unrelenting-attacks-on-mideast-shipping-and-energy-infrastructure-send-oil-prices-up-again","title":{"rendered":"Iran&#8217;s unrelenting assaults on Mideast transport and power infrastructure ship oil costs up once more"},"content":{"rendered":"<p><br \/>\n<\/p>\n<div data-testid=\"prism-article-body\">\n<p class=\"EkqkG IGXmU nlgHS yuUao MvWXB TjIXL aGjvy ebVHC \"><span class=\"oyrPY qlwaB AGxeB \">DUBAI, United Arab Emirates &#8212; <\/span>Iran&#8217;s unrelenting attacks on shipping traffic and energy infrastructure in the Persian Gulf pushed oil back <a class=\"zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE \" data-testid=\"prism-linkbase\" href=\"https:\/\/apnews.com\/article\/oil-stocks-markets-iran-crude-trump-45f78a8cfe9a5c7e1a2279150a2f90f1\">above $100 a barrel<\/a> on Thursday, as American and Israeli strikes pounded the Islamic Republic with no sign of an end to <a class=\"zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE \" data-testid=\"prism-linkbase\" href=\"https:\/\/apnews.com\/hub\/iran\">the war<\/a> in sight.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Iran is trying to <a class=\"zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE \" data-testid=\"prism-linkbase\" href=\"https:\/\/apnews.com\/article\/iran-us-israel-war-attrition-analysis-5d7e50c3a6da57414bbf4a5e255e4a7e\">inflict enough global economic pain<\/a> to pressure the United States and Israel to halt their bombardment, which started the war on Feb. 28. Iran&#8217;s president said its attacks would continue until Iran gets security guarantees against another assault, indicating that even a ceasefire or U.S. declaration of victory might not halt the conflict.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">U.S. President Donald Trump has meanwhile promised to \u201cfinish the job,\u201d even though he claimed Iran is \u201cvirtually destroyed.\u201d<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Iran-backed Hezbollah militants meanwhile launched some 200 rockets from Lebanon at northern Israel while sirens rang out and loud booms from the interception of Iranian missiles could be heard in other areas. Israel launched another wave of attacks on Tehran and in Lebanon, where 11 people were killed.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">The U.N. refugee agency said up to 3.2 million people in Iran have been displaced by the ongoing war. It said most have fled from Tehran and other major cities toward the north of the country or rural areas. It says at least 759,000 people have been <a class=\"zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE \" data-testid=\"prism-linkbase\" href=\"https:\/\/apnews.com\/photo-gallery\/lebanon-shelter-hezbollah-israel-war-487792d7f62cfc2c5d9d20a2fd62fea1\">internally displaced in Lebanon<\/a>.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Iranian President Masoud Pezeshkian suggested online Thursday that for the war to end, the world would need to recognize Iran\u2019s \u201clegitimate rights,\u201d pay reparations and offer guarantees against future attacks.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">In addition to attacking energy infrastructure around the region, Iran has a stranglehold on the <a class=\"zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE \" data-testid=\"prism-linkbase\" href=\"https:\/\/apnews.com\/article\/strait-hormuz-iran-energy-war-5b60e82ef2fc68e2b43aa570a32404dd\">Strait of Hormuz<\/a>, the waterway leading from the Persian Gulf toward the Indian Ocean through which a fifth of the world&#8217;s oil is transported.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Amid speculation that the U.S. might target Kharg Island in the Persian Gulf, Iran\u2019s main oil terminal, Iran&#8217;s parliamentary speaker Mohammad Bagher Qalibaf threatened in a social media post that any attempt to take Iranian islands would \u201cmake the Persian Gulf run with the blood of invaders.\u201d<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">With traffic in the strait effectively stopped, the price of Brent crude oil, the <a class=\"zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE \" data-testid=\"prism-linkbase\" href=\"https:\/\/apnews.com\/article\/iran-us-oil-europe-reserve-release-eaf0cf9988cd7e06f0dc2a8ee800762e\">international standard<\/a>, rose another 9% to more than $100 a barrel, up some 38% over what it cost when the war started. Prices have swung back and forth in recent days, at one point surging to around $120 a barrel. <\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">It was a sleepless night for many Israelis as Hezbollah launched some 200 rockets at the country\u2019s north and deeper into Israel, according to the Israeli military.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">\u201cThe noise was extraordinary, it was really scary,\u201d said Naama Porat, a resident of the rural community of Klil, some 15 kilometers (9 miles) from the Lebanese border. As the sound of explosions and interceptions rang out, she dashed with her son to a shelter and spent the night there.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">No serious injuries were reported, but the extent of the fire shook residents of the north, who have repeatedly been told by their leaders that Hezbollah was dealt a devastating blow in 2024 during its last war with Israel.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">\u201cThey have stocks of weapons and it just doesn\u2019t end. We don\u2019t know how much and what to expect,\u201d Porat said.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Israeli Defense Minister Israel Katz warned Lebanon that if its government does not prevent Hezbollah from attacking, Israel \u201cwill take the territory and do it ourselves.\u201d<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Israel, meantime, hit a car in a seaside area of Lebanon&#8217;s capital where dozens of displaced people have been sheltering, killing eight and wounding 31, the Lebanese Health Ministry said. The Israeli military said it was \u201cnot aware\u201d of a strike at that location.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">The Israeli military said it struck a nuclear facility in Iran in recent days. Israel had destroyed the \u201cTaleghan 2\u201d site in an airstrike in October 2024. Earlier this year satellite photos raised concerns that Iran was working to restore the facility.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">The U.S. and Israel say that destroying whatever remains of <a class=\"zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE \" data-testid=\"prism-linkbase\" href=\"https:\/\/apnews.com\/article\/iran-us-nuclear-timeline-war-146b4072f1f6cc43cfd3bde740313a5c\">Iran&#8217;s nuclear program<\/a> is one of the central aims of the war. They have long suspected Iran seeks nuclear weapons, while the Islamic Republic says its nuclear program is peaceful.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">In Tehran, security force checkpoints came under attack for the first time on Wednesday night, the semiofficial Fars news agency reported. At least 10 people were killed in the suspected drone assaults. <\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Israel and the U.S. military did not immediately respond to requests for comment over whether they were behind the attacks.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Iran\u2019s latest attacks on its Gulf neighbors flouted <a class=\"zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE \" data-testid=\"prism-linkbase\" href=\"https:\/\/apnews.com\/article\/iran-israel-us-march-11-2026-oil-prices-24243b5c1e1f32ea8ff52b9a02822396\">a U.N. Security Council resolution<\/a> approved Wednesday.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Early Thursday, a container ship was hit with a projectile off the coast of Dubai, sparking a small fire, according to British military\u2019s United Kingdom Maritime Trade Operations Center. It said the crew were safe.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">An Iranian attack sparked a major fire on Muharraq Island, home to Bahrain&#8217;s international airport. Kuwait authorities said an Iranian drone smashed into a residential building, wounding two people, and that a drone attack on Kuwait International Airport had caused damage but no casualties.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">The UAE said it had activated air defenses twice to protect the futuristic city of Dubai from attacks, and firefighters extinguished a blaze at a tower after a drone hit. <\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Saudi Arabia, meanwhile, said it shot down a drone targeting the diplomatic quarter in its capital, Riyadh, and other drones in the east, including at least one trying to target its Shaybah oil field.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Following an attack on Iraq&#8217;s Basra port Wednesday that killed at least one person, officials said Thursday that operations were halted at all the country&#8217;s oil terminals.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">In the UAE, Citibank said it would close all but one of its branches due to an Iranian threat \u2014 not yet realized \u2014 to target financial institutions in the region.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">___<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC eTIW sUzSN \">Melzer reported from Mitzpe Hila, Israel and Rising from Bangkok. Associated Press writer Sally Abou AlJoud in Beirut contributed to this report. <\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/abcnews.com\/US\/wireStory\/irans-unrelenting-attacks-mideast-shipping-energy-infrastructure-send-130991063\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>DUBAI, United Arab Emirates &#8212; Iran&#8217;s unrelenting attacks on shipping traffic and energy infrastructure in the Persian Gulf pushed oil back above $100 a barrel [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":344200,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[1343,15877,19468,21820,21818,21819,9035,21817,609,18349,4714],"class_list":["post-344197","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bangkok","tag-indian-ocean","tag-israeli-navy","tag-kharg-island","tag-melzer","tag-oil-terminals","tag-persian-gulf","tag-porat","tag-president","tag-saudi-arabia","tag-tehran"],"_links":{"self":[{"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/posts\/344197","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/comments?post=344197"}],"version-history":[{"count":2,"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/posts\/344197\/revisions"}],"predecessor-version":[{"id":344199,"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/posts\/344197\/revisions\/344199"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/media\/344200"}],"wp:attachment":[{"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/media?parent=344197"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/categories?post=344197"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/tags?post=344197"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}