Iran's top joint military command says it will deal with infrastructure of US and its allies in the region in a way that will deprive them from the region's oil and gas for years

This statement from Iran's military command signals a potential escalation in regional tensions, particularly concerning access to oil and gas resources.

Newsquawk StaffPublished 7 Apr 2026, 20:46 UTCOn the live feed at 20:26 UTC — 4 more headlines followed before this page went public

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20:37

US Weekly Private Inventory Data (bbls): Crude +3.7mln (exp. -1.6mln), Distillate -0.6mln (exp. -0.9mln), Gasoline -4.0mln (exp. -1.4mln), Cushing -0.6mln

20:28

Newsquawk US Market Wrap: Markets chop on geopolitical headlines as Trump 20:00EDT deadline awaits

20:26

Iran's top joint military command says it will deal with infrastructure of US and its allies in the region in a way that will deprive them from the region's oil and gas for years

20:16

Senior Iranian official says Iran is ready both for peace and war, Reuters reports

20:16

Rockets target US diplomatic facility near Bagdad International Airport and smoke was seen rising, according to Reuters citing security sources

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Context

The implications could lead to increased volatility in energy markets, particularly WTI and gas prices, as investors price in the risks of supply disruptions and geopolitical instability in the region.

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