Story perspectives

Iran's Escalating Attacks Spark Global Tensions and Oil Concerns

3/12/2026

Summary

Story summary

Iran has continued missile and drone attacks, including strikes on a U.S. base in Kuwait, escalating Gulf tensions and raising global oil-disruption concerns.
The United Nations Security Council is set to vote on a resolution urging Iran to cease its aggression.
Two commercial vessels near the United Arab Emirates were struck by projectiles.
Iranian attacks in Bahrain have resulted in civilian casualties.
Saudi Arabia intercepted drones targeting its oilfields.

History

Historical Context

The Gulf War began on August 2, 1990, when Iraq, led by Saddam Hussein, invaded Kuwait, claiming economic grievances and territorial rights. The United Nations responded with Resolution 678, demanding Iraq's withdrawal by January 15, 1991. Following Iraq's noncompliance, a U.S.-led coalition launched Operation Desert Storm on January 17, 1991, ultimately liberating Kuwait by February 28, 1991, and reshaping Middle Eastern geopolitics.

1 of 2

Story summary

Iran has continued missile and drone attacks, including strikes on a U.S. base in Kuwait, escalating Gulf tensions and raising global oil-disruption concerns.
The United Nations Security Council is set to vote on a resolution urging Iran to cease its aggression.
Two commercial vessels near the United Arab Emirates were struck by projectiles.
Iranian attacks in Bahrain have resulted in civilian casualties.
Saudi Arabia intercepted drones targeting its oilfields.

1 / 2