US General Caine says the US continues to degrade and destroy the capabilities of Iran, continue to strike key manufacturing and research sites. Commenced overland B52 missions, the first of this operation.

This update indicates an escalation in US military action against Iran, particularly targeting its manufacturing and research capabilities.

Newsquawk StaffPublished 31 Mar 2026, 12:38 UTCOn the live feed at 12:18 UTC — 13 more headlines followed before this page went public

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12:18

US General Caine says the US continues to degrade and destroy the capabilities of Iran, continue to strike key manufacturing and research sites. Commenced overland B52 missions, the first of this operation.

12:15

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12:12

US President Trump says US is not pulling assets in the Strait of Hormuz yet, CBS reports; “At some point I will, not quite yet, but countries have to come in and take care of it"

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Over 11k targets have been struck in the last 30 days.
Over 150 Iranian ships have been taken out. Targetting mine-laying capacity.

Context

Such aggressive measures could heighten tensions in the region, impacting energy markets and possibly leading to increased volatility in oil prices, particularly WTI as supply concerns may arise.

Energy · last 90 days

Recent headlines that moved markets

ENERGY/8 Sept · 05:23 UTC

Saudi Energy Minister says a number of energy facilities and utilities were hit; are temporarily halting some operations.

Brent Nov'26, after we published+1.0%

Steady upside of around 1% was seen across the crude complex following this update.

ENERGY/3 Sept · 08:03 UTC

Russian President Putin says that Russia and Ukraine should agree first; he notes that there is an opportunity to reach a peace agreement.

with Brent Nov, after we published−1.3%

ENERGY/1 Sept · 16:17 UTC

Initial reports of an American attack on Iran, reports i24's Stein.

- Brent (V6), after we published+1.2%

ENERGY/27 Aug · 17:46 UTC

The Trump administration has repeatedly told mediators it has no interest in going back to the terms of the MoU it reached with Iran in June, reports WSJ citing sources

Brent crude, after we published+1.4%

ENERGY/25 Aug · 19:26 UTC

A ceasefire between the US and Iran has been agreed upon, it includes free navigation in the Strait of Hormuz and will be announced in the coming days, reports Ria citing Pakistani and Iranian sources

Brent crude, after we published−2.4%

ENERGY/7 Sept · 10:54 UTC

Saudi Aramco Jizan oil facilities were reportedly hit in new strikes, the FT reports citing sources; hit on Monday, damage is being assessed.

Brent Nov'26, after we published+0.5%

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