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Iran Vows Retaliation Amid Escalating Conflict and Rising Oil Prices

3/13/2026

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Summary

Story summary

The conflict escalates as Iran's new Supreme Leader Mojtaba Khamenei vows retaliation against U.S. and Israeli bases.
Israeli airstrikes have targeted Tehran, and Iran has launched missiles and drones across the Gulf, disrupting oil supplies and pushing prices above $100 per barrel.
Over 2,000 have died in Iran and Lebanon, and Washington faces pressure to halt funding as U.S. President Donald Trump says the campaign is progressing rapidly.

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Story summary

The conflict escalates as Iran's new Supreme Leader Mojtaba Khamenei vows retaliation against U.S. and Israeli bases.
Israeli airstrikes have targeted Tehran, and Iran has launched missiles and drones across the Gulf, disrupting oil supplies and pushing prices above $100 per barrel.
Over 2,000 have died in Iran and Lebanon, and Washington faces pressure to halt funding as U.S. President Donald Trump says the campaign is progressing rapidly.