Escalating Conflict: US-Israel Strikes on Iran Intensify

Mar 10, 2026

70 min

Mar 10, 2026 00:30

US‑Israel war on Iran day 10: Israel begins 'wide-scale' strikes on Tehran, Isfahan, southern Iran; Gulf states face new attacks

## Overview

On the tenth day of the US-Israel conflict with Iran, Israel has launched extensive airstrikes targeting Tehran, Isfahan, and southern Iran. This escalation follows Iran's appointment of Mojtaba Khamenei as its new supreme leader.

## Regional Impact

The conflict has spilled over into neighboring Gulf states. Saudi Arabia and Kuwait have reported fatalities due to Iranian attacks, while the UAE claims self-defense after being targeted by over 1,400 missiles and drones. A fire in Fujairah, caused by intercepted projectiles, has been contained.

## International Reactions

The UAE has condemned a drone attack on its consulate in Iraq's Kurdistan region, labeling it a violation of international law. Meanwhile, the UK has deployed additional air operations experts to the Gulf, with RAF Typhoons intercepting drones aimed at Jordan and Bahrain.

## Economic Consequences

Oil markets are experiencing volatility, with WTI crude prices dropping nearly 7% due to potential releases from strategic reserves. In contrast, Brent and Murban crude prices have risen sharply amid fears of supply disruptions.

## Political Developments

US President Donald Trump has expressed disappointment over Iran's leadership change, calling it a "big mistake." He also described the conflict as a "short-term excursion," emphasizing the strength of the US military.

## Ceasefire Conditions

Iran has set a condition for a ceasefire, demanding no further aggression. Discussions involving Russia and China are ongoing, but no resolution has been reached yet.

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