Iran war latest updates: Oil prices jump after strike on Iranian energy site, top Tehran official killed and more key events that got us here - Yahoo
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The Bottom Line
Strike on Iranian energy site kills senior official and triggers oil price spike amid escalating regional conflict.
How This Affects You
Gas prices could rise due to oil market volatility from potential supply disruptions caused by escalating Iran tensions.
AI Summary
A strike on an Iranian energy site has triggered a spike in oil prices amid escalating regional tensions. A top Tehran official was killed in the attack, marking a significant escalation in the conflict. The incident is part of a broader pattern of military exchanges between Iran and allied forces in the region. Oil market volatility reflects investor concerns about potential supply disruptions and further regional instability. The strike underscores deepening military confrontation that could have wider implications for Middle Eastern security and global energy markets.
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WATCH: Oil and gas prices surge as Iran escalates strikes on Gulf refineries

Attacks on Oil and Natural Gas Facilities Could Lead to Much Higher Prices

European Gas Jumps 35% After World’s Top LNG Plant Hit by Iran - Bloomberg.com
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First Thing: Trump says US does not need Nato after strait of Hormuz rebuf | Clea Skopeliti
<p>Snub comes as Iran vows revenge for killing of Ali Larijani. Plus, judge orders reinstatement of Voice of America staff</p><p>Good morning.</p><p>Donald Trump has said the US does not need Nato after a number of the organization’s members <a href="https://www.theguardian.com/world/2026/mar/17/trump-us-president-nato-strait-of-hormuz-iran-middle-east">rejected his call to send their warships</a> to reopen the strait of Hormuz.</p><p><strong>How many people have been displaced in Iran?</strong> Up to 3.2 million people, according to the UN’s refugee agency. Here, Tehran residents <a href="https://www.theguardian.com/world/2026/mar/18/iranians-daily-life-under-air-attack">speak about their daily life</a> under bombardment.</p><p><strong>For the latest updates,</strong> <a href="https://www.theguardian.com/world/live/2026/mar/18/iran-war-live-updates-oil-prices-hormuz-trump-larijani-key-leader-killed-israel-strikes">follow our liveblog.</a></p> <a href="https://www.theguardian.com/us...
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