Reuters World News Iran's $200 oil warning, trade probes, school strike and Lebanon
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Mar 12, 2026 Tanker attacks and Iran's warning of $200 oil dominate the briefing. Discussion of strategic reserve releases and limits on naval escorts. Reporting on a deadly strike at a girls’ school and questions about targeting data. Coverage of mass displacement in Lebanon as the campaign widens. A China–North Korea passenger train resumes after six years.
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Shipping Halted As Iran Targets Tankers
- Iran has stepped up attacks on oil and transport, halting most shipping in the Gulf and sparking fires on tankers off Iraq's coast.
- Jonathan Saul reports up to 14 vessels hit and many ships anchoring or clustering, with the US Navy not yet prepared to provide escorts.
Outdated Targeting Data May Explain School Strike
- A strike on an Iranian girls' elementary school that killed many may have used outdated US targeting data, raising questions about responsibility.
- Reuters found social media/Tomahawk evidence and archived school site showing the school adjacent to an IRGC compound.
Iranian Leadership Appears Stable Despite Strikes
- US intelligence assessments indicate Iran's leadership remains largely intact despite high-profile killings, reducing likelihood of immediate collapse.
- Sources say multiple intelligence reports conclude no immediate risk even after Supreme Leader Khamenei's death.