Apple News Today The deleted tweet that sums up a wild week in markets
18 snips
Mar 13, 2026 Markets roiled as oil prices spiked amid fears about the Iran conflict and shipping threats through the Strait of Hormuz. Reporting covers mass displacement and humanitarian strain in Lebanon. Awards season drama and shifting Oscar races get a concise breakdown. Short news bites include a targeted attack in Michigan and a long-serving congressman announcing another run.
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Displacement Seen In Schools Hotels And Beaches
- Mohamed El-Shiama reported displaced Lebanese sheltering in schools, hotels, tents on beaches, and cars due to heavy bombardment.
- He described a mother whose toddler has known only displacement twice since 2024, highlighting human cost.
Historic Oil Supply Shock
- Oil markets face unprecedented disruption as Iran and regional actions have driven the single largest shock to supplies in history.
- Iran's threats to close the Strait of Hormuz, attacks on tankers, and mines plus Gulf exporters pausing fields explain sustained price risk.
New Iranian Leadership Raises Duration Risk
- Iran signaled defiance under its new supreme leader, suggesting the country is prepared for a prolonged conflict.
- Moshe Bahamaneh's pledge to keep the Strait of Hormuz closed increased market fear about duration and shipping risks.