Simple English News Daily

Friday 13th March 2026. Iran Mojtaba statement. Tanker attacks. Oil turmoil. Chile protests. East Africa floods. Kenya ants...

10 snips
Mar 12, 2026
News roundup covering a vow of retaliation affecting the Strait of Hormuz and related tanker attacks. Coverage of oil market turmoil and international moves to stabilise supply. Reports on protests and emergency measures in Chile. Floods and landslides across East Africa and a bizarre airport arrest involving live ants.
Ask episode
AI Snips
Chapters
Transcript
Episode notes
INSIGHT

Iran Threats Spark Global Oil Emergency

  • Iran's new supreme leader Moshtaba Khamenei vowed revenge and threatened to keep the Strait of Hormuz closed, raising oil market risk.
  • Attacks on tankers, ports and predictions of $200 oil prompted the IEA and Japan to release strategic reserves and coordinate a 400 million barrel release.
INSIGHT

Small Boats Caused Severe Tanker Damage

  • Explosive attacks used small boats, not drones, to badly damage two oil tankers in Iraqi waters and killed one foreign crew member.
  • Iraq closed its oil ports and regional strikes hit an Omani port and a Bahraini facility, worsening supply disruptions.
ADVICE

Use Strategic Reserves To Calm Supply Shocks

  • Reopening the Strait of Hormuz is essential to stabilise oil and gas flows, according to the IEA's Fatih Birol.
  • 32 IEA countries agreed to the largest-ever coordinated release of reserves to calm markets, 400 million barrels total.
Get the Snipd Podcast app to discover more snips from this episode
Get the app