Escalation in the Gulf as War Enters Day 13
The conflict involving the United States, Israel, and Iran intensified on Thursday as the war entered its 13th day, with new attacks reported on commercial vessels in the strategically vital Strait of Hormuz. The narrow waterway carries nearly one-fifth of the world’s oil supply, making it a crucial artery for global energy markets. According to maritime security and port officials cited by Reuters, multiple vessels were targeted in overnight incidents across Gulf waters. The latest developments have heightened fears of disruption to global shipping and energy supply chains as tensions continue to escalate in the region.
Tankers Targeted in Suspected Iranian Attacks
Two fuel tankers reportedly came under attack in Iraqi waters after explosive-laden boats allegedly launched assaults late Wednesday night. The strikes set both vessels ablaze and resulted in the death of one crew member, while several others were injured. Earlier in the day, projectiles also struck three additional ships navigating the Gulf, further raising alarms among international shipping companies and maritime risk agencies. The incidents have amplified concerns about safety for commercial vessels moving through the Persian Gulf, a key corridor for global oil transport.
Trump Signals Oil Reserve Move to Stabilize Prices
Amid rising tensions and surging energy prices, Donald Trump said the United States could tap into its emergency oil reserves to help stabilize global markets. Speaking during an interview with a local television station in the Cincinnati area, Trump indicated that the International Energy Agency had also approved a coordinated release of emergency reserves. The move aims to reduce pressure on oil prices while Washington continues its military campaign against Iran. According to Trump, releasing reserves would temporarily increase supply and help ease the economic shock triggered by the conflict.
Iran Warns of Prolonged War and Economic Fallout
In response, Iranian officials warned that the conflict could evolve into a prolonged war involving both the United States and Israel. Tehran cautioned that escalating hostilities could disrupt global trade and “destroy” the world economy if energy routes remain threatened. The intensifying fighting around the Strait of Hormuz has already sent shockwaves through global energy markets, prompting emergency measures from international organizations and governments. Analysts warn that continued attacks on shipping routes could push oil prices higher and deepen economic uncertainty worldwide as the conflict enters a critical phase.
