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THU · 2026-03-12 · 07:23 GMTBRIEF NSR-2026-0312-23776
News/Iran’s unrelenting attacks on Mideast shipping and energy in…
NSR-2026-0312-23776News Report·EN·Conflict

Iran’s unrelenting attacks on Mideast shipping and energy infrastructure send oil prices soaring

Recent Iranian attacks targeting shipping and energy infrastructure in the Middle East have caused a surge in oil prices. These attacks, occurring around March 11-12, 2026, included a fire at a facility in Bahrain's Muharraq Governorate and drone strikes in the Iraqi Kurdistan region, specifically at the airport in Irbil.

By  JON GAMBRELL, DAVID RISING and SALLY ABOU ALJOUDAssociated Press (AP)Filed 2026-03-12 · 07:23 GMTLean · CenterRead · 7 min
Iran’s unrelenting attacks on Mideast shipping and energy infrastructure send oil prices soaring
Associated Press (AP)FIG 01
Reading time
7min
Word count
1 574words
Sources cited
1cited
Entities identified
12entities
Quality score
100%
§ 01

Briefing Summary

AI-generated
NEWSAR · AI

Recent Iranian attacks targeting shipping and energy infrastructure in the Middle East have caused a surge in oil prices. These attacks, occurring around March 11-12, 2026, included a fire at a facility in Bahrain's Muharraq Governorate and drone strikes in the Iraqi Kurdistan region, specifically at the airport in Irbil. The attacks have also involved exchanges between Israel and Lebanon, with Israeli airstrikes in Beirut and projectiles launched from Lebanon damaging homes in central Israel. The unrest is impacting the crucial Strait of Hormuz, a key route for oil tankers and cargo ships. The specific motivations behind the attacks are not stated, but the resulting disruption to energy infrastructure is directly linked to rising oil prices.

Confidence 0.90Sources 1Claims 4Entities 12
§ 02

Article analysis

Model · rule-based
Framing
Conflict
Economic Impact
Tone
Mixed Tone
AI-assessed
CalmNeutralAlarmist
Factuality
0.70 / 1.00
Factual
LowHigh
Sources cited
1
Limited
FewMany
§ 03

Key claims

4 extracted
01

Israeli authorities inspect homes damaged by a projectile launched from Lebanon, in Haniel central Israel

factual
Confidence
0.90
02

Bahrain Interior ministry released a video of a huge fire after Iranian attacks at a facility in Muharraq Governorate

factualBahrain Interior ministry
Confidence
0.90
03

Drone attacks were launched late Wednesday toward the Iraqi Kurdistan region.

factual
Confidence
0.80
04

Iran’s unrelenting attacks on Mideast shipping and energy infrastructure send oil prices soaring

factual
Confidence
0.80
§ 04

Full report

7 min read · 1 574 words
Iran’s unrelenting attacks on Mideast shipping and energy infrastructure send oil prices soaring 1 of 7 | Bahrain Interior ministry released a video of a huge fire after Iranian attacks at a facility in Muharraq Governorate, northeast of the country’s capital, Manama. 2 of 7 | Drone attacks were launched late Wednesday toward the Iraqi Kurdistan region. 3 of 7 | A man inspects a car damaged in an Israeli airstrike at the Ramlet al-Baida public beach in Beirut, Lebanon, early Thursday, March 12, 2026. (AP Photo/Bilal Hussein) 4 of 7 | Israeli authorities inspect homes damaged by a projectile launched from Lebanon, in Haniel central Israel, Thursday, March 12, 2026. (AP Photo/Baz Ratner) 5 of 7 | Smoke rises after an explosion at the airport in Irbil, Iraq, late Wednesday, March 11, 2026. (AP Photo/Leo Correa) 6 of 7 | Oil tankers and cargo ships line up in the Strait of Hormuz as seen from Khor Fakkan, United Arab Emirates, Wednesday, March 11, 2026. (AP Photo/Altaf Qadri) 7 of 7 | A family enjoys the sunset with the view of the city skyline and Burj Khalifa, at Dubai Creek Harbour in Dubai, United Arab Emirates, Wednesday, March 11, 2026. (AP Photo/Fatima Shbair) 1 of 7 Bahrain Interior ministry released a video of a huge fire after Iranian attacks at a facility in Muharraq Governorate, northeast of the country’s capital, Manama. Add AP News on Google Add AP News as your preferred source to see more of our stories on Google. 2 of 7 Drone attacks were launched late Wednesday toward the Iraqi Kurdistan region. Add AP News on Google Add AP News as your preferred source to see more of our stories on Google. 3 of 7 A man inspects a car damaged in an Israeli airstrike at the Ramlet al-Baida public beach in Beirut, Lebanon, early Thursday, March 12, 2026. (AP Photo/Bilal Hussein) Add AP News on Google Add AP News as your preferred source to see more of our stories on Google. 4 of 7 Israeli authorities inspect homes damaged by a projectile launched from Lebanon, in Haniel central Israel, Thursday, March 12, 2026. (AP Photo/Baz Ratner) Add AP News on Google Add AP News as your preferred source to see more of our stories on Google. 5 of 7 Smoke rises after an explosion at the airport in Irbil, Iraq, late Wednesday, March 11, 2026. (AP Photo/Leo Correa) Add AP News on Google Add AP News as your preferred source to see more of our stories on Google. 6 of 7 Oil tankers and cargo ships line up in the Strait of Hormuz as seen from Khor Fakkan, United Arab Emirates, Wednesday, March 11, 2026. (AP Photo/Altaf Qadri) Add AP News on Google Add AP News as your preferred source to see more of our stories on Google. 7 of 7 A family enjoys the sunset with the view of the city skyline and Burj Khalifa, at Dubai Creek Harbour in Dubai, United Arab Emirates, Wednesday, March 11, 2026. (AP Photo/Fatima Shbair) Add AP News on Google Add AP News as your preferred source to see more of our stories on Google. Updated [hour]:[minute] [AMPM] [timezone], [monthFull] [day], [year] DUBAI, United Arab Emirates (AP) — Unrelenting Iranian attacks on shipping traffic and energy infrastructure pushed oil above $100 a barrel Thursday, as American and Israeli strikes pounded the Islamic Republic with no sign of an end to the war in sight.Iran hit a container ship off the coast of Dubai, caused a blaze near Bahrain’s international airport, targeted a major Saudi oil field with a drone and forced Iraq to halt operations at all of its oil terminals after attacking its port of Basra on the Persian Gulf. Iran flouted a U.N. Security Council resolution from the previous day demanding that it halt strikes on its Gulf neighbors with new attacks also reported in Kuwait and the United Arab Emirates. Sirens wailed before dawn in Jerusalem after Israel said it was working to intercept missiles launched from Iran. Loud booms were heard in Jerusalem on Thursday morning but Israeli emergency services said no casualties were reported so far. The country also said it began a “wide-scale wave of strikes” on Tehran. In Lebanon, where Israel says it is targeting Iran-linked Hezbollah militants, 11 people were killed in two early morning strikes. Since the United States and Israel started the war with a Feb. 28 attack on Iran, Tehran has focused on inflicting enough global economic pain to pressure them to halt their attacks. U.S. President Donald Trump suggested that was not imminent, however, promising to “finish the job” even though he claimed Iran is “virtually destroyed.” “We don’t want to leave early do we? We’ve got to finish the job,” he said at an event Wednesday in Kentucky. Iranian Supreme Leader Ayatollah Mojtaba Khamenei hasn’t yet made a statement or been seen since being chosen to succeed his father Ayatollah Ali Khamenei, who was killed in the opening day of the conflict. But Iranian President Masoud Pezeshkian suggested online Thursday that for the war to end, the world would need to recognize Iran’s “legitimate rights,” pay reparations and offer guarantees against future attacks. In addition to attacking energy infrastructure around the region, Iran has a stranglehold on the Strait of Hormuz, the waterway leading from the Persian Gulf toward the Indian Ocean through which a fifth of the world’s oil is transported.With traffic in the strait effectively stopped, the price of Brent crude oil, the international standard, rose another 9% to more than $100 a barrel, up some 38% over what it cost when the war started. Iran fires at Gulf Arab countries and hits ship in Persian GulfThe U.N. Security Council voted Wednesday to approve a resolution demanding a halt to Iran’s “egregious attacks” on its Gulf neighbors, but Tehran showed no signs of changing its strategy.As the day began Thursday, a container ship in the Persian Gulf was hit with a projectile off the coast of Dubai, sparking a small fire, according to British military’s United Kingdom Maritime Trade Operations Center. It said the crew of the vessel were safe. In Bahrain, an Iranian attack sparked a major fire on Muharraq Island, home to the country’s international airport. The airport has jet fuel tanks, and other tanks in the area serve the kingdom’s oil industry. Kuwait’s Defense Ministry said an Iranian drone smashed into a residential building, wounding two people. The UAE said it had activated air defenses twice to protect Dubai from attacks, and firefighters extinguished a blaze at a tower in Dubai Creek Harbor after a drone hit. Saudi Arabia said it shot down a drone targeting the diplomatic quarter of the capital, Riyadh, and also reported downing drones in the kingdom’s east, including at least one trying to target its Shaybah oil field.Following an attack on Iraq’s Basra port Wednesday that killed at least one person, officials said Thursday that operations were halted at all the country’s oil terminals. Farhan al-Fartousi, the director-general of the General Company for Ports of Iraq, said the attack targeted a vessel in a ship-to-ship transfer area of the Persian Gulf port. Explosions rock Jerusalem while Lebanon and Tehran are hit by Israeli strikesSirens wailed and loud explosions were heard shortly after midnight in Jerusalem and other parts of Israel. The Israeli military said it was responding with another “wide-scale wave of strikes” in Tehran.Overnight missile launches from Iran and Hezbollah also sent Israelis to shelters in multiple other areas, including Tel Aviv and the northern border with Lebanon. An Israeli strike hit a car Thursday in Ramlet al-Bayda, a major seaside tourist area of Beirut where dozens of displaced people have been sheltering. Eight people were killed and 31 others were wounded, the Lebanese Health Ministry said. The Israeli military press office told The Associated Press it was “not aware” of a strike at that location.In Aramoun, a town about 10 kilometers (6 miles) south of Beirut, another three people were killed and a child was wounded in another early Israeli attack. In Tehran, security force checkpoints came under attack for the first time on Wednesday night, the semiofficial Fars news agency reported. At least 10 people were killed in the suspected drone assaults. Israel and the U.S. military’s Central Command did not immediately respond to requests for comment over whether they were behind the attacks.Casualties continue to climb as conflict continuesAt least 634 people have been killed in Lebanon since the latest fighting began, the Lebanese Health Ministry said Wednesday.The U.N. refugee agency said at least 759,000 people have been internally displaced in Lebanon.Iranian authorities say more than 1,300 people have been killed there, and Israel has reported 12 people dead. The U.S. has lost seven soldiers while another eight have suffered severe injuries.___Abou AlJoud reported from Beirut and Rising from Bangkok. Associated Press writer Sam Mednick in Tel Aviv, Israel, also contributed to this report, along with AP journalists around the world. Gambrell is the news director for the Gulf and Iran for The Associated Press. He has reported from each of the Gulf Cooperation Council countries, Iran and other locations across the world since joining the AP in 2006. Rising covers regional Asia-Pacific stories for The Associated Press. He has worked around the world, including covering the wars in Iraq, Afghanistan and Ukraine, and was based for nearly 20 years in Berlin before moving to Bangkok.
§ 05

Entities

12 identified
§ 06

Keywords & salience

8 terms
iranian attacks
1.00
oil prices
0.90
mideast shipping
0.80
energy infrastructure
0.70
strait of hormuz
0.60
drone attacks
0.60
airstrike
0.50
explosion
0.40
§ 07

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