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Iran Vows Extended Conflict, Oil Prices Surge Above $100

3/10/2026

29 6 Full Breakdown

Summary

Story summary

Kamal Kharazi, Iranian official, said Tehran is prepared for a prolonged conflict with the United States, arguing economic pressure will end the war.
He warned Iran will continue attacks on Gulf nations to pressure U.S. policy.
The statements reflect a hardening stance amid regional instability, and analysts say the remarks aim to test regional alliances.
Oil prices have surged above $100 per barrel as the conflict disrupts markets.

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Story summary

Kamal Kharazi, Iranian official, said Tehran is prepared for a prolonged conflict with the United States, arguing economic pressure will end the war.
He warned Iran will continue attacks on Gulf nations to pressure U.S. policy.
The statements reflect a hardening stance amid regional instability, and analysts say the remarks aim to test regional alliances.
Oil prices have surged above $100 per barrel as the conflict disrupts markets.