Story perspectives
Iran Threatens Oil Disruption Amid Escalating Regional Conflict
3/11/2026
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Story summary
- Iran's military command announced it would pursue continuous strikes against adversaries, signaling a broader escalation.
- Oil prices could reach $200 per barrel due to regional instability.
- Spokesperson Ebrahim Zolfaqari said no oil would reach the United States or Israel, and vessels bound for them would be targeted.
- The conflict has increased attacks on ships in the Gulf, with three additional incidents reported.
- Gas prices in the United States are rising as the conflict escalates.
