Iran targets global oil trade amid U.S., Israeli strikes
NBC News·2026-03-12 14:17
What looks like a tiny jet is an Iranian shahed drone smashing into an oil depot in Oman near the straight of Hormuz. Part of those Iranian strikes aimed at driving up prices, hitting infrastructure, and attacking ships near the straight. Iran's strategy is now clear.A war on global trade. So the more Iran suffers, the more everyone else will, too. But as Israeli and US strikes on Iran's military aircraft, leaders and bases intensify, Iran's capabilities are going down rapidly.US and Israeli military offici ...