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Trump's 'Operation Epic Fury' Sparks Iranian Retaliation, Oil Prices Surge

3/13/2026

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Story summary
  • U.S. President Donald Trump declares 'Operation Epic Fury' and says the campaign is ahead of schedule.
  • Israeli officials push for an open-ended campaign until all objectives are met.
  • Iran retaliates and disrupts oil shipments through the Strait of Hormuz, raising global prices.
  • Iranian President Masoud Pezeshkian outlines peace conditions, including reparations and guarantees against future attacks, while domestic pressures mount on Trump.