US-Israel airstrikes hit Iran's Qeshm island in the Strait of Hormuz

The airstrikes targeting Iran could escalate tensions in the already volatile Strait of Hormuz, a crucial chokepoint for global oil shipments.

Newsquawk StaffPublished 31 Mar 2026, 12:12 UTCOn the live feed at 11:52 UTC — 12 more headlines followed before this page went public

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11:55

Next week, the Israeli Air Force is expected to attack economic targets and military industries in Iran, Al Hadath reports citing Yisrael Hayom

11:52

US-Israel airstrikes hit Iran's Qeshm island in the Strait of Hormuz

11:51

[WATCH LIVE]: US Secretary of War Hegseth holds Pentagon briefing on Iran war

11:49

Israeli Army says it has begun targeting infrastructure belonging to Hezbollah in Beirut

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Context

This escalation may impact energy prices, particularly WTI, as markets react to the risk of supply disruptions in the region. Traders should monitor geopolitical developments closely, as they are likely to influence oil futures and broader market sentiment.

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