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Iran

Iran War Day 13: Israel Launches New Wave of Tehran Strikes, Oil Tops $100 & the World Holds Its Breath

The Middle East is at its most volatile point in decades. Thirteen days into the US-Israeli military campaign against Iran, the conflict is now reshaping global energy markets, threatening shipping…

March 13, 2026
3 min read

The Middle East is at its most volatile point in decades. Thirteen days into the US-Israeli military campaign against Iran, the conflict is now reshaping global energy markets, threatening shipping lanes, and drawing in countries far beyond the region. Here is your complete situation update for March 13, 2026.

Iran War Conflict at a Glance

DetailStatus (March 13, 2026)
War Start DateFebruary 28, 2026
Days of Conflict13
Iranian Deaths1,300+ (Iranian Red Crescent)
US Soldiers Killed7 confirmed
Deaths in Lebanon570+
Deaths in Israel12+
Oil PriceAbove $100/barrel
Strait of HormuzEffectively closed
Iran Internet Blackout290+ hours (Day 13)

What’s Happening Right Now

Israel’s military announced a new “extensive wave” of strikes on Tehran today, while also issuing forced evacuation orders in Lebanon’s capital Beirut as fresh attacks targeted Hezbollah positions. Two people were killed in Oman after a drone was downed in Sohar province.

Asian markets opened sharply lower Friday, tracking overnight falls in global markets. Meanwhile, the Trump administration issued a new licence allowing countries to temporarily purchase Russian oil products — the same day Brent crude settled above $100 per barrel for the first time since the Russian invasion of Ukraine in 2022.

Iran

The Strait of Hormuz: The World’s Most Dangerous Chokepoint

The Strait of Hormuz — the narrow waterway through which roughly 20% of global oil consumption normally flows — has been effectively closed since the conflict began. Iran’s new supreme leader Mojtaba Khamenei has vowed to keep blocking the strait, while Trump responded by threatening “death, fire and fury” if Iran continues the blockade.

Goldman Sachs has forecast oil prices averaging over $100/barrel in March, with a 20% overall price increase for the rest of 2026. Natural gas price surges of up to 68% in Asia are also projected.

Key Developments This Week

The US and Israel launched their initial strikes on February 28. Since then, Iran has retaliated with attacks on US military bases in Kuwait, Qatar, Bahrain, Jordan and the UAE, killing six US soldiers in Kuwait alone. Iranian strikes also hit civilian areas including hotels and airports, while a British RAF base in Cyprus was targeted by drones.

Iran’s internet blackout has now entered its 13th consecutive day — more than 290 hours of near-total digital darkness. NetBlocks called it “a direct risk to the safety, health, and security of civilians.”

On the political front, Trump suggested on Truth Social that Iran should not participate in the 2026 FIFA World Cup co-hosted by the US, Canada and Mexico. Iran’s Sports Minister fired back, saying the team would not be attending regardless.

For ongoing coverage of the Iran conflict, oil market impact, and global economic fallout, visit our world news and geopolitics section on TechnoSports. For energy market updates and how the Iran war is impacting global sports and economies, stay tuned to TechnoSports.

FAQs

Q: When did the US-Israel war with Iran begin and what triggered it?

The US and Israel launched coordinated military strikes against Iran on February 28, 2026, primarily targeting Iran’s nuclear and military infrastructure.

Q: Why are global oil prices above $100 per barrel in March 2026?

The effective closure of the Strait of Hormuz — through which 20% of global oil flows — due to the Iran conflict has caused severe supply disruptions, sending oil prices to their highest since 2022.

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