Iran hits tankers and Gulf nations as U.S., Israel continue attacks

CBS News
March 12, 2026
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2 min read

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The Bottom Line

Iran is attacking tankers and Gulf oil facilities while the U.S. and Israel strike Iran.

How This Affects You

The conflict has cost over $11 billion in its first week, potentially impacting global economic stability.

AI Summary

Iran has attacked multiple tankers near its territory and is striking oil facilities in nearby countries. Concurrently, U.S. and Israeli warplanes and missiles are continuing to hit targets across Iran. The conflict, in its first week, has cost more than $11 billion, according to lawmakers briefed by the Pentagon. This information was reported by Charlie D'Agata.

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