Iran's attacks on oil infrastructure and pledges to choke off a vital waterway left markets on edge on Tuesday as the United States promised blistering new strikes. ADVERTISEMENTIran launched new attacks against Israel and Gulf Arab countries, while Israel carried out airstrikes on Iran and Lebanon, where it is battling Hezbollah militants. Hezbollah, which began firing on Israel after the start of the war, launched missiles into Israel. He said the last 24 hours had seen the fewest Iranian missiles fired in the war. Iran has effectively stopped tankers from using the Strait of Hormuz, through which 20 per cent of the world's oil is carried.

Source: The Telegraph March 11, 2026 00:29 UTC