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Iran Threatens Gulf Neighbors Amid Rising Oil Prices

3/13/2026

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Summary

Story summary

Supreme Leader Mojtaba Khamenei vowed to continue attacks on Gulf neighbors and keep Strait of Hormuz closed, seeking compensation for losses.
Oil prices rose above $100 per barrel amid strikes.
Iranian President Masoud Pezeshkian demanded recognition of Iran's rights and reparations to end the war.
Israel conducted airstrikes in Lebanon and Iran targeting military and nuclear sites, while Iran attacked shipping and infrastructure in the Persian Gulf, prompting security alerts.

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Story summary

Supreme Leader Mojtaba Khamenei vowed to continue attacks on Gulf neighbors and keep Strait of Hormuz closed, seeking compensation for losses.
Oil prices rose above $100 per barrel amid strikes.
Iranian President Masoud Pezeshkian demanded recognition of Iran's rights and reparations to end the war.
Israel conducted airstrikes in Lebanon and Iran targeting military and nuclear sites, while Iran attacked shipping and infrastructure in the Persian Gulf, prompting security alerts.