Ship Attacks Escalate in Gulf as Israel Launches Fresh Strikes on Lebanon

By Muhammad MubashirPublished On 12 Mar 2026
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  • Explosions have been reported on two foreign oil tankers in the Persian Gulf off Iraq, killing at least one person, according to authorities

  • Saudi Arabia says it has intercepted 18 drones, while authorities in Dubai say nobody was injured after a drone fell on an apartment building

  • The Israeli military launches another wave of strikes at Hezbollah targets in Lebanon, saying it's a response to rockets fired at Israel

  • President Donald Trump says the US is "not finished yet" when asked about the war in Iran

  • The economic shocks of the war continue, with the price of Brent crude oil again climbing to $100 a barrel

  • Earlier, 32 members of the International Energy Agency agreed to their "largest ever" release of oil reserves, in an effort to calm markets

  • The IEA, which includes the UK and US, will release 400 million barrels - our reporter says that's about four days' worth