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Reading: Iran targets Dubai airport, business ships throughout the Gulf as struggle widens | Fortune
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Asolica > Blog > Business > Iran targets Dubai airport, business ships throughout the Gulf as struggle widens | Fortune
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Iran targets Dubai airport, business ships throughout the Gulf as struggle widens | Fortune

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Last updated: March 11, 2026 1:44 pm
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6 hours ago
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Iran targets Dubai airport, business ships throughout the Gulf as struggle widens | Fortune
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Contents
  • Israel launches new strikes on Lebanon
  • Iran launches a number of salvos at Israel and Gulf Arab nations
  • Oil costs keep excessive on fears of extended transport disruption
  • Hypothesis over well being of Iran’s new supreme chief grows

Iran attacked business ships on Wednesday throughout the Persian Gulf and focused Dubai Worldwide Airport, escalating a marketing campaign of compacting the oil-rich area as world vitality issues mounted and American and Israeli airstrikes pounded the Islamic Republic.

Two Iranian drones hit close to Dubai Worldwide Airport, house to the long-haul provider Emirates and the world’s busiest for worldwide journey. 4 folks had been wounded however flights continued, the Dubai Media Workplace mentioned.

Iran’s joint army command introduced it could begin concentrating on banks and monetary establishments within the Center East. That may put in danger significantly Dubai, within the United Arab Emirates, which is house to many worldwide monetary establishments, in addition to Saudi Arabia and the island kingdom of Bahrain.

Earlier, a projectile hit a Thai cargo ship off the coast of Oman within the Strait of Hormuz, setting it ablaze. Authorities are looking for three lacking crew members from the Mayuree Naree after 20 had been rescued by the Omani navy, in accordance with Thailand’s Marine Division.

Kuwait mentioned its defenses downed eight Iranian drones and Saudi Arabia mentioned it intercepted 5 heading towards the dominion’s Shaybah oil subject.

Iran has successfully stopped cargo site visitors within the slim strait by way of which a few fifth of all oil is shipped. It has additionally focused oil fields and refineries in Gulf Arab nations, aiming at producing sufficient world financial ache to stress the USA and Israel to finish their strikes.

The U.N. Safety Council was to vote later Wednesday on a decision sponsored by the Gulf Cooperation Council demanding Iran cease attacking its Arab neighbors.

Witnesses reported steady airstrikes hitting Tehran after Israel mentioned it had renewed its assaults. Explosions had been additionally heard in Beirut and in southern Lebanon after Israel mentioned it was hitting targets linked to Iran-backed Hezbollah militants.

Israel launches new strikes on Lebanon

The assaults set a constructing ablaze in central Beirut’s densely populated Aicha Bakkar space, engulfing the highest two flooring. There have been no rapid reviews of casualties.

Different Israeli strikes on southern and japanese Lebanon killed 14 folks, and a Purple Cross employee additionally died Wednesday of wounds sustained Monday, when his crew was hit by an Israeli strike whereas they had been rescuing folks from an earlier assault.

Lebanon’s Well being Ministry mentioned Wednesday that 570 folks have been killed within the nation since that newest preventing started. Hezbollah fired rockets at Israel after the USA and Israel started the broader struggle with their shock bombardment of Iran.

Iran launches a number of salvos at Israel and Gulf Arab nations

Israel warned of Iranian assaults and sirens rang out in Tel Aviv and elsewhere, however there have been no rapid reviews of casualties.

Saudi Arabia mentioned it had destroyed six ballistic missiles launched towards Prince Sultan Air Base, a serious U.S.- and Saudi-operated facility, and intercepted two drones over the japanese metropolis of Hafar al-Batin.

The UK Maritime Commerce Operations middle, run by the British army, reported an assault on a container ship off the United Arab Emirates, saying the “extent of the damage is currently unknown but under investigation by the crew.” One other ship was hit by a projectile within the Persian Gulf, it mentioned. The crew was reported secure.

The ship assaults comply with intense American airstrikes concentrating on Iranian navy property and the port metropolis of Bandar Abbas on Tuesday.

On the United Nations, the Safety Council was to vote Wednesday afternoon on the Gulf Cooperation Council decision, in accordance with three diplomats talking on situation of anonymity forward of an official announcement.

The draft decision, obtained by The Related Press, condemns Iran’s assaults on Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, the UAE and Jordan. The measure requires an instantaneous finish to all strikes and threats towards neighboring states, together with by way of proxies.

It will be the primary Safety Council decision thought-about for the reason that begin of the struggle on Feb. 28.

Oil costs keep excessive on fears of extended transport disruption

Oil costs remained nicely beneath Monday’s peaks however the worth of Brent crude, the worldwide customary, was nonetheless up some 20% Wednesday from when the struggle started, and shoppers all over the world are already feeling the ache on the pump.

Germany and Austria mentioned they’re releasing elements of their oil reserves following an Worldwide Vitality Company request for its members to launch 400 million barrels to assist mood vitality worth spikes.

The biggest-ever earlier collective launch of emergency shares by IEA member international locations was 182.7 million barrels, within the wake of Russia’s full-scale invasion of Ukraine in 2022.

Japan additionally mentioned it would launch a few of its reserves beginning Monday.

The U.S. army mentioned Tuesday it had destroyed 16 Iranian minelayers close to the Strait of Hormuz, although U.S. President Donald Trump mentioned in social media posts that there have been no reviews but of Iran mining the passage.

If the strait is mined, it may take at the least weeks to wash it up as soon as the battle is over.

Some tankers, believed linked to Iran, are persevering with to get by way of the strait making so-called “dark” transits — that means they aren’t turning on their Computerized Identification System trackers, which present the place vessels are. Vessels carrying sanctioned Iranian crude typically flip off their AIS trackers.

The safety agency Neptune P2P Group mentioned Wednesday there had been seven ships go by way of the strait since March 8. Of them, 5 had been linked to Iranian-associated transport, it mentioned. In peculiar instances the strait sometimes sees 100 ships or extra transit each day from the Persian Gulf into the Gulf of Oman.

In the meantime, the commodity-tracking agency Kpler mentioned Iran has restarted crude exports by way of its Jask oil terminal on the Gulf of Oman. A tanker loaded roughly 2 million barrels at Jask on March 7, it mentioned.

Hypothesis over well being of Iran’s new supreme chief grows

Considerations are rising over the well being of Iran’s new Supreme Chief Ayatollah Mojtaba Khamenei after feedback about him “being injured.”

The 56-year-old Khamenei — the son of the late Supreme Chief Ayatollah Ali Khamenei — has not been seen since turning into supreme chief on Monday. His father and spouse each had been killed in an Israeli airstrike on the primary day of the battle.

Along with the 570 killed in Lebanon, Iran has mentioned that greater than 1,300 folks have been killed there and Israel has reported 12 folks lifeless.

The U.S. has misplaced seven troopers whereas one other eight have suffered extreme accidents.

___

Magdy reported from Cairo, and Rising from Bangkok. Related Press writers Sally Abou AIJoud in Beirut, Giovanna Dell’Orto in Miami, Jamey Keaten in Geneva, Jintamas Saksornchai in Bangkok, Kirsten Grieshaber in Berlin and Edith M. Lederer on the United Nations contributed to this story.

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