Bloomberg News Now March 13, 2026: US Hits Iran’s Kharg Island, WSJ: 5 Refueling Planes Struck, More
Mar 14, 2026
Coverage of U.S. strikes on Kharg Island and reported damage to refueling tankers at a Saudi base. Discussion of escalating military activity in the region and strategic concerns for the Strait of Hormuz. Updates on U.S. energy production plans and the political probe into the Federal Reserve chair. Markets and consumer spending data cap off the conversation.
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U.S. Strike On Kharg Island Marks Major Escalation
- The U.S. carried out a major bombing raid hitting military targets on Kharg Island, signaling escalation in the Persian Gulf.
- President Trump framed the strikes as powerful but withheld oil infrastructure attacks to preserve decency while warning of reversal if shipping is impeded.
Refueling Tankers Damaged At Saudi Base
- Iranian missile strikes damaged at least five U.S. Air Force refueling tankers on the ground at Prince Sultan Air Base, increasing the tally to seven damaged or destroyed.
- The Wall Street Journal cited two U.S. officials and U.S. Central Command declined comment; tankers are being repaired and there were no fatalities.
Strikes Intensify With Broad Market and Energy Impact
- The U.S. stepped up strikes on Iran as both sides threatened further escalation, disrupting energy flows and markets across the region.
- Defense Secretary comment framed recent days as the largest attacks yet, with the U.S. and Israel hitting roughly 15,000 targets since the war began.