NPR Topics: News

Oil price surges as Iran steps up attacks on ships in the Persian Gulf

Mar 12, 2026Center

Markets seesawed on Day 13 of the war in the Middle East, as two oil tankers were struck by projectiles near Iraq's southern ports and attacks between Israel and Hezbollah intensified.

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6 related stories from other outlets

CNBC

Mar 12, 2026

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Three more ships struck in the Persian Gulf as Iran warns of oil prices hitting $200

The latest incidents in or near the Strait of Hormuz come shortly after Iran warned the world to prepare for $200 oil prices.

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Oil prices surge above $100 per barrel after six ships attacked in Persian Gulf, Strait of Hormuz

New York Post

Mar 12, 2026

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Oil prices surge above $100 per barrel after six ships attacked in Persian Gulf, Strait of Hormuz

The two most recent attacks, apparently carried out by explosive-laden boats, hit the tankers Safesea Vishnu and Zefyros in Iraqi waters.

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Live updates: Oil prices spike as Iran targets ships, Gulf neighbors

NewsNation

Mar 12, 2026

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Live updates: Oil prices spike as Iran targets ships, Gulf neighbors

Iran warned the world could see oil prices more than double the international benchmark as the conflict approaches the two-week mark.

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WAR ON GLOBAL TRADE: Iran Hits Major International Airports, Oil Refineries, and Commercial Ships — Regime Threatens $200 Oil as Gulf Conflict Explodes

The Gateway Pundit

Mar 12, 2026

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WAR ON GLOBAL TRADE: Iran Hits Major International Airports, Oil Refineries, and Commercial Ships — Regime Threatens $200 Oil as Gulf Conflict Explodes

The Middle East conflict spiraled into a direct threat against the global economy this week after Iran launched attacks targeting major international infrastructure and commercial shipping lanes, while warning the world to brace for $200-per-barrel oil if the war continues. The post WAR ON GLOBAL TRADE: Iran Hits Major International Airports, Oil…

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Breitbart News

Mar 12, 2026

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Dramatic Explosions as Iran Attacks Oil Tankers in Persian Gulf

Iran pursued its strategy of economic warfare on Thursday, attacking two oil tankers in the Persian Gulf and repeating its threats to cut off oil shipments through the vital trade route. The post Dramatic Explosions as Iran Attacks Oil Tankers in Persian Gulf appeared first on Breitbart.

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HuffPost

Mar 12, 2026

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Brent Crude Oil Briefly Tops $100 A Barrel As Iran Attacks On Shipping Worsen Supply Concerns

The price of a barrel of Brent crude oil, the international standard, has topped $100 a barrel again, jolting markets just days after it spiked near $120.

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