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ABC NewsMar 12, 2026
Oil prices surge and stocks fall as Iran escalates shipping attacks
Global oil prices spiked above $100 a barrel before settling slightly lower.

BBC Front PageMar 12, 2026
Questions mount for Hegseth over possible US involvement in strike on Iranian school
Democrats have written to ask the defence secretary whether the US was responsible, but he says the issue is being investigated.

CNBC World NewsMar 12, 2026
The two oil pipelines helping Saudi Arabia and UAE bypass the Strait of Hormuz
Saudi Arabia's East-West pipeline and the UAE's Abu Dhabi Crude Oil Pipeline are thought to be able to help partially offset the Strait of Hormuz blockage.

Int'l Herald TribuneMar 12, 2026
How Hegseth Came to See Moral Purpose in War as Weakness
Defense Secretary Pete Hegseth's bellicose and vengeful rhetoric describing the military's war in Iran grew out of his experience in Iraq.
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