US-Israel Conflict with Iran Intensifies as Oil Prices Surge

Mar 9, 2026

81 min

Mar 9, 2026 05:31

10 days of US‑Israel war on Iran: Where things stand after another weekend of strikes

## Escalating Conflict

The conflict between the US, Israel, and Iran has intensified as it enters its tenth day. Iran's appointment of Mojtaba Khamenei as the new supreme leader has been met with disapproval from US President Donald Trump. Over the weekend, both sides launched attacks on various targets, including civilian sites. Bahrain reported damage to a desalination plant, while Israel targeted oil depots in Tehran, causing environmental concerns.

## Rising Oil Prices

Amid the ongoing conflict, oil prices have surged past $100 a barrel. US oil futures saw an 18% increase, reaching $108 per barrel. President Trump has attempted to downplay the impact of these rising prices.

## Regional Impact

The conflict has resulted in casualties across the Middle East. Saudi Arabia, the UAE, and Kuwait have reported deaths, including foreign residents. Israel's military chief has warned that the war could be prolonged.

## Military Actions

Israel has conducted strikes in Lebanon and Iran, resulting in significant casualties and displacement. The US is investigating an airstrike on an Iranian school that killed at least 168 children. The State Department has advised non-emergency personnel to leave Saudi Arabia.

## Global Repercussions

The conflict has disrupted air travel in the UAE, Qatar, and Kuwait. Over 32,000 Americans have been evacuated from the region. Ukraine plans to send experts to help counter Iranian drone threats.

## Political Reactions

The Arab League has criticized Iran's strategy as reckless. President Trump has stated that the US, in coordination with Israel, will determine the terms of surrender for Iran. Meanwhile, Iran has warned of a new phase in the conflict, raising threats to energy infrastructure.

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