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Iran Threatens Regional Energy Infrastructure Amid Rising Global Oil Prices and Drone Escalations

The IRGC warns of strikes on regional energy sites as oil prices surpass $100 and the UK probes Russian involvement in drone attacks.

March 13, 2026 at 9:15 AM

The Islamic Revolutionary Guard Corps (IRGC) has issued a direct warning to the Trump administration and Israel, threatening to ignite regional oil and gas sites if Iranian energy infrastructure or ports are targeted. This escalation comes as global oil prices have surged past $100 per barrel following continued disruptions to shipping in the Strait of Hormuz. In Bahrain, a drone strike recently ignited fires at airport fuel tanks, underscores the expanding scope of proxy attacks on regional infrastructure. On the diplomatic and intelligence front, UK Defence Secretary John Healey accused Russia of potentially aiding Iranian drone capabilities, citing forensic analysis of debris from a strike on the RAF Akrotiri base in Cyprus. Meanwhile, in the United States, an FBI memo has surfaced warning of potential Iranian-directed attacks in California. While local authorities remain on high alert, federal officials have moved to downplay the immediacy of the domestic threat. The economic ripple effects of the conflict are intensifying globally. U.S. markets have tumbled in response to the energy price spike, and tourism across the Middle East has entered a sharp decline. In New Zealand, officials are debating the return of 1970s-era fuel rationing policies as they brace for further supply chain shocks. Despite reports that Iran's new Supreme Leader suffered non-serious wounds in an attack on his home, he is expected to appear at upcoming prayers and has vowed to continue the war across new fronts.

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