Breaking Iran declares "continuous strikes" doctrine — abandons reciprocal hits, threatens $200/barrel oil, vows to block hostile ships in Hormuz          IRGC fires on Thai-flagged vessel Mayuree Naree in Strait of Hormuz — second ship hit near UAE, third explosion off Khalifa Port          Qatar intercepts multiple missile attacks — explosions heard across Doha, elevated threat warning issued          IEA recommends releasing 400 million barrels — largest strategic reserve release in history; Japan starts March 16, Germany confirms          Mojtaba Khamenei injured in first strike on Iran — NYT reports he fears revealing his location          Iran claims strike on US military installation in Kuwait — war expands to third Gulf country          Drones injure 4 near Dubai International Airport — UAE again under Iranian missile and drone attack          Spain removes ambassador to Israel — published in official state gazette         

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Today's briefing Wed 11 March 2026

March 11 opened with the war expanding geographically — Iran claiming a strike on a US base in Kuwait, missiles targeting Qatar, drones wounding people near Dubai's airport — and closed with Iran announcing a doctrine shift that removes any ceiling on escalation. The "continuous strikes" declaration, combined with direct attacks on shipping in the Strait of Hormuz and a threat of $200 oil, signals Iran intends to fight without pause. The world's largest coordinated strategic oil reserve release in IEA history was triggered before noon. By early afternoon, Iran had fired on another ship in the Strait and issued its starkest Hormuz warning yet.

Overnight — new fronts opened: Iran fired two more missiles at Israel overnight, both intercepted. More significantly, Tehran claimed a strike on a US military installation in Kuwait — the third Gulf country with US forces to come under direct Iranian attack. Explosions echoed in Doha. Qatar elevated its threat level. Bahrain and the UAE again activated air defense. The NY Times reported that new Supreme Leader Mojtaba Khamenei was injured in the opening strikes on Iran and fears making any public appearance that might reveal his location.

Morning — shipping crisis deepens, Dubai hit: British maritime authorities reported a cargo ship hit by a projectile in the Strait of Hormuz, with fire on board. Two drones fell near Dubai International Airport, injuring four. A bulk carrier was struck 50 miles northwest of Dubai. Qatar's world-largest LNG export terminal had not shipped a cargo in five consecutive days — the longest streak since records began in 2008. Zelensky warned publicly that Russia may deploy troops to support Iran, saying Moscow is already supplying drones and likely missiles and air defense.

Midday — global energy response: The IEA recommended the release of 400 million barrels of oil from strategic stockpiles — larger than any previous reserve release in the agency's history. G7 ministers backed it in principle. Japan confirmed it would begin releasing reserves as early as March 16. Germany and Austria confirmed participation. The EU said it stood ready and had full emergency stocks. EU Commission President von der Leyen warned the war had already cost Europe €3 billion in extra energy costs in just ten days, and called a return to Russian fossil fuels a "strategic blunder."

Afternoon — continuous strikes: Iran's Khatam al-Anbiya military headquarters issued the day's defining statement: the policy of "reciprocal hits" was over. From now on, Iran would conduct "continuous strikes" against adversaries — removing the reactive ceiling that had previously constrained Iranian escalation. Iran declared it would allow no "hostile oil" through Hormuz and told Washington to prepare for $200/barrel oil. Within hours, the IRGC fired on the Thai-flagged Mayuree Naree in the Strait. Qatar intercepted another missile. Spain removed its ambassador to Israel. US Interior Secretary Burgum called this the "perfect time" for US strategic reserve releases.

In depth

Iran · Hormuz · Breaking

Iran abandons "reciprocal hits" — declares continuous strikes doctrine and threatens $200 oil as IRGC fires on ship in Hormuz

Iran's Khatam al-Anbiya military command announced Wednesday it was ending its "reciprocal hits" strategy and shifting to sustained, continuous strikes against adversaries — removing the escalation ceiling that had previously governed the conflict. Iran vowed to block all "hostile oil" in the Strait of Hormuz and threatened $200/barrel oil. The IRGC subsequently fired on the Thai-flagged Mayuree Naree in the Strait. Qatar intercepted multiple missiles, explosions were heard in Doha, and drones struck near Dubai International Airport.

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Iran · Hormuz · Shipping

IRGC fires on Thai-flagged Mayuree Naree in Hormuz — fire reported on earlier cargo ship, third blast near Abu Dhabi

Iran's Revolutionary Guards opened fire on the Mayuree Naree in the Strait. An earlier cargo ship was hit by a projectile with fire on board, crew evacuated. A third explosion was reported near Khalifa Port. Three maritime incidents in one day.

3 min read ·

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Qatar · Iran · Breaking

Qatar intercepts multiple missile attacks — explosions in Doha, elevated threat alert, sirens across the Gulf

Qatar's armed forces intercepted missile attacks in three separate incidents on Wednesday. Explosions echoed across Doha early morning. Mobile siren alerts were activated. Qatar hosts the US military's largest regional base at Al Udeid.

3 min read ·

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Energy · IEA · G7

IEA recommends 400 million barrel reserve release — largest in history; Japan starts March 16, Germany confirms

The IEA recommended the largest strategic oil reserve release in its 50-year history. G7 ministers backed it. Japan will release 15 days of private-sector and one month of state reserves starting March 16. Germany and Austria confirmed. EU stocks are full and ready.

4 min read ·

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Iran · Leadership

NYT: Iran's new Supreme Leader was injured in the first strike — fears appearing in public, whereabouts unknown

The New York Times reported Mojtaba Khamenei was injured in the opening US-Israeli strikes and has not appeared publicly since, fearing any appearance would reveal his location. Iranian officials denied health problems but provided no visual evidence.

3 min read ·

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Iran · Kuwait · Defense

Iran claims strike on US military installation in Kuwait — third Gulf country targeted

Tehran claimed its forces struck a US military base in Kuwait in the early hours of Wednesday — after Iraq and Jordan, the third Gulf country with US forces to come under direct Iranian attack in the conflict.

3 min read ·

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UAE · Dubai · Breaking

Two drones fall near Dubai International Airport — four injured, UAE again under Iranian attack

Two drones fell in the vicinity of Dubai airport, injuring four. A loud bang was heard in Dubai. Dubai said air traffic was continuing normally. The UAE reported it was dealing with a fresh wave of Iranian missiles and drones.

2 min read ·

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Latest news

US · Energy · Policy

Burgum: releasing oil reserves is "perfect timing" — "these are the moments reserves are used for"

US Interior Secretary Doug Burgum said in a Fox News interview that the Iran crisis represents a "perfect time to think about releases" from the Strategic Petroleum Reserve — the kind of emergency the reserve was created for.

Qatar · Iran · Breaking

Qatar intercepts third missile attack of the day — Doha explosions, sirens, elevated threat alert

Qatar's armed forces reported intercepting a missile attack at midday — the third interception of the day. Mobile siren alerts were activated earlier, and explosions were heard across Doha. Qatar hosts the US military's largest regional base, Al Udeid.

Iran · Hormuz · Shipping

IRGC fires on Thai-flagged Mayuree Naree in Strait of Hormuz — Oman reports vessel struck 13nm off coast

Iran's Revolutionary Guards opened fire on the Thai-flagged bulk carrier Mayuree Naree in the Strait of Hormuz. Oman maritime authorities confirmed the vessel was targeted 13 nautical miles off the coast. Iran had already threatened to block all hostile oil from the waterway.

Iran · Hormuz · Energy

Iran abandons "reciprocal hits" — declares continuous strikes doctrine and warns "get ready for $200 oil"

Iran's Khatam al-Anbiya military command announced Wednesday that Tehran's "reciprocal hits" strategy has ended and it will now carry out "continuous strikes." Iran declared it will block all hostile oil in Hormuz and the US will not control prices with "artificial measures."

Europe · Diplomacy · Israel

Spain removes ambassador to Israel, per official state gazette

Spain formally removed its ambassador to Israel, published in the Official State Gazette on Wednesday. The move marks a significant diplomatic break by a NATO member as European positions fracture under the weight of the Iran conflict.

Israel · Lebanon · Iran

Israel launches extensive simultaneous attacks on Beirut and Iran — 4 killed in central Beirut strike

The Israeli military announced it was conducting extensive, simultaneous attack waves against both Beirut and Iran — its broadest multi-front offensive yet. Israeli strikes hit a central Beirut apartment; Lebanese state media reported four killed.

Shipping · Gulf · Energy

Maersk: 10 ships trapped in the Gulf, running short of fuel in Asia — LNG tankers rerouting

Maersk disclosed 10 of its vessels are trapped in the Gulf with fuel running short in Asia. Qatar's world-largest LNG plant had not exported in five straight days — the longest streak since 2008. LNG tankers are diverting from Europe to Asia for higher spot prices.

Aviation · UAE · Europe

KLM cancels all Dubai flights until March 28 due to Middle East war

KLM Royal Dutch Airlines cancelled all flights to Dubai until at least March 28, joining British Airways and other European carriers that have suspended or rerouted flights away from the Gulf. Fitch warned of aviation disruption across APAC if West Asian airspace stays closed.

Energy · IEA · G7

IEA recommends 400 million barrel reserve release — Japan starts March 16, Germany and Austria confirm

The IEA recommended the largest strategic oil reserve release in its 50-year history. G7 ministers backed it in principle. Japan announced releases starting March 16. Germany confirmed participation. The EU said its emergency stocks are full and ready to deploy.

EU · Energy · Policy

Von der Leyen: Iran war has cost Europe €3 billion in 10 days — EU preparing gas subsidies and price caps

EU Commission President von der Leyen said the war had already cost Europe €3 billion in extra energy costs. The EU is preparing options including gas price subsidies, caps, and state aid measures. Returning to Russian fossil fuels would be a "strategic blunder," she warned.

Russia · Iran · Defense

Zelensky warns Russia may deploy troops to Iran — already providing drones, likely missiles and air defense

Ukrainian President Zelensky publicly warned that Russia may send troops to support Iran, stating Moscow is already providing Tehran with drones and likely missiles and air defense systems — adding a new dimension to the conflict's potential escalation.

UAE · Dubai · Breaking

Two drones fall near Dubai International Airport — four injured, UAE again dealing with Iranian attacks

Two drones fell near Dubai airport Wednesday morning, injuring four people. A separate loud bang was heard in the city. Dubai Media Office said air traffic was continuing normally. A bulk carrier was also struck 50nm northwest of Dubai.

Iran · Leadership

NYT: New Supreme Leader Khamenei was injured in first strike — fears public appearance would reveal his location

The New York Times reported that Mojtaba Khamenei, appointed Supreme Leader after his father, was injured in the opening US-Israeli strikes and has not appeared publicly since. An Iranian official denied health problems but provided no visual evidence.

Hormuz · Shipping · Defense

Cargo ship hit by projectile in Strait of Hormuz — fire on board, crew evacuates

British maritime authorities reported a cargo vessel struck by an unknown projectile in the Strait of Hormuz early Wednesday, fire breaking out and crew evacuating. The fire was later extinguished. Crew listed as safe.

Energy · Qatar · LNG

Qatar's world-largest LNG plant hasn't exported in 5 days — longest streak since records began in 2008

Qatar's Ras Laffan LNG export terminal had not shipped a single cargo in five consecutive days as of Wednesday — the longest such streak in data going back to 2008. The halt threatens further price increases for LNG globally.

Iran · Kuwait · Defense

Iran claims strike on US military installation in Kuwait — war expands to third Gulf country

Iranian state media reported forces struck a US military base in Kuwait — after Iraq and Jordan, the third Gulf country with US forces directly targeted. Kuwait hosts the US military's Camp Arifjan, a key logistics and pre-positioning hub.

Iran · Israel · Overnight

Iran fires two missiles at Israel overnight — both intercepted, rockets also intercepted over central Israel

Iran launched two missiles at Israel in the early hours of Wednesday, both intercepted. Two rockets targeting central Israel were also shot down. The overnight tempo is lower than previous nights, consistent with the White House's earlier assessment that Iran's missile capability is down 90%.

Germany · Energy · IEA

Germany releases part of national oil reserves as IEA coordinates global response

Germany announced it would release part of its national oil reserves as part of IEA coordination. The economy minister said gas reserves are at 21%, there is no physical shortage, and the release is designed to dampen speculative pricing in energy markets.

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