[{"data":1,"prerenderedAt":216},["ShallowReactive",2],{"story-134660-en":3},{"id":4,"slug":5,"slugs":5,"currentSlug":5,"title":6,"subtitle":7,"coverImagesSmall":8,"coverImages":10,"content":42,"questions":43,"relatedArticles":68,"body_color":214,"card_color":215},"134660",null,"Strait of Hormuz Crisis Drives 25-40% Shipping Cost Surge for Asia-Based E-Commerce Sellers","- Oil prices spike to $90-100/barrel, supertanker costs exceed $400K weekly, manufacturing expenses rise 8-15% for China-sourced products",[9],"https://news.google.com/api/attachments/CC8iL0NnNXpXRmRETFhCS2NHcG9VWFU0VFJERUF4aW1CU2dLTWdrQkVJTHFuS1d4U1FJ",[11,12,13,14,15,16,17,18,19,20,19,21,22,23,24,25,26,27,28,29,30,31,32,33,34,35,36,37,38,39,40,41],"https://images.euronews.com/articles/stories/09/68/25/45/1536x864_cmsv2_e405e4ee-924f-5cc2-8fb2-6acf50614cab-9682545.jpg","https://wordpress.wbur.org/wp-content/uploads/2026/03/AP26070372936758-1-1000x667.jpg","https://ichef.bbci.co.uk/news/1024/branded_pidgin/2c7d/live/4972bc60-16af-11f1-9120-a910fc22c6ac.jpg","https://www.twincities.com/wp-content/uploads/2026/03/APTOPIX_Iran_US_Israel_62139-1.jpg?w=525","https://s.yimg.com/ny/api/res/1.2/5scxErtHD2VnD1e4IZEw8Q--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTY0MDtjZj13ZWJw/https://media.zenfs.com/en/ap.org/a5f5a20605d2b1a81b025aa99de3cebe","https://www.ocregister.com/wp-content/uploads/2026/03/APTOPIX_Iran_US_Israel_62139-1.jpg?w=525","https://s.yimg.com/ny/api/res/1.2/1CUGLRjQOeSquj4KIgiHNQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyNDI7aD04Mjk7Y2Y9d2VicA--/https://d29szjachogqwa.cloudfront.net/images/user-uploaded/l2026-03-11t115838z_1721548414_rc2a2kax3o0p_rtrmadp_3_iran-crisis-strait-of-hormuz-thailand-stills_5488.jpg","https://a57.foxnews.com/assets.foxnews.com/liveblog/fn/prod/images/2026/03/1100/619/0630a4a80339849543476c9388041597.jpg","https://images.wsj.net/im-04871293?width=1280&size=1.77777778","https://npr.brightspotcdn.com/dims3/default/strip/false/crop/4386x2924+0+0/resize/1100/quality/50/format/jpeg/?url=http%3A%2F%2Fnpr-brightspot.s3.amazonaws.com%2F6f%2F00%2F2c1082904a06b077ad982a128752%2Fgettyimages-2264067684.jpg","https://www.reuters.com/resizer/v2/KOXGANQC5VHKRKULY5YW3YAV34.JPG?auth=9269f33346b237bf6d5bbb84ef8fe060b0ae98e2a1f466507f5f700280e0d1fd&width=1920&quality=80","https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iVxC79IKioe8/v2/-1x-1.webp","https://assets2.cbsnewsstatic.com/hub/i/r/2026/03/12/0b78fe84-275d-4e38-bdaf-3b2056d37e4f/thumbnail/1200x630/49ec115099f101990a43091dd3c97eaf/iran-tanker-explosion-march12.jpg","https://image.cnbcfm.com/api/v1/image/108276556-1773231103220-2026-03-11T110602Z_517008703_RC2A2KAEHYRI_RTRMADP_3_IRAN-CRISIS-STRAIT-OF-HORMUZ-THAILAND-STILLS.JPG?v=1773231113&w=1600&h=900","https://www.thetimes.com/imageserver/image/%2F17593954-d164-42a6-acba-f99057ae39a0.jpg?crop=4096%2C2304%2C0%2C211&resize=360","https://s7d2.scene7.com/is/image/TWCNews/IranShip_AP_26071374904471_NAT_031226?wid=1250&hei=703&$wide-bg$","https://media.cnn.com/api/v1/images/stellar/prod/gettyimages-2265273047.jpg?c=16x9&q=w_800,c_fill","https://image.dngroup.com/global/nhst/binary/d8d52dbae726a5debaaf620543f48afa?crop=439%2C293%2Cx77%2Cy0%2Csafe&width=1100&format=auto&quality=80","https://katu.com/resources/media2/16x9/7565/986/0x709/90/d18b52f0-7f87-4e31-82ff-b83e083c60f5-GettyImages2265771776.jpg","https://images.barrons.com/im-47946930?width=940&height=626","https://kubrick.htvapps.com/htv-prod-media.s3.amazonaws.com/images/ap269adf0e267495.jpg?crop=1.00xw:0.847xh;0,0&resize=640:*","https://static.toiimg.com/thumb/msid-129505107,width-1280,height-720,imgsize-3411041,resizemode-4,overlay-toi_sw,pt-32,y_pad-600/photo.jpg","https://images.axios.com/8FHQzEvAltVnXgiB8N6avDZLGsc=/0x242:5616x3401/1920x1080/2026/03/12/1773323240208.jpg","https://ichef.bbci.co.uk/news/480/cpsprodpb/0728/live/24bf66b0-1e26-11f1-8cc8-6d61f147f0ba.jpg.webp","https://image.cnbcfm.com/api/v1/image/108277225-1773327236722-108277225-1773323616457-108277225-1773323568135-gettyimages-2265023872-MEI-IRN-RB-IMKSS-20161214-001.jpg?v=1773334646&w=1600&h=900","https://fortune.com/img-assets/wp-content/uploads/2026/03/GettyImages-2264994719-e1773236441411.jpg?w=1440&q=75","https://www.aljazeera.com/wp-content/uploads/2026/03/afp_69b2c3ed6a0c-1773323245.jpg?resize=1920%2C1440","https://thehill.com/wp-content/uploads/sites/2/2026/03/AP26070400949987-e1773228977412.jpg?strip=1","https://nypost.com/wp-content/uploads/sites/2/2026/03/mojtaba-khamenei-statement-comp-2.jpg?quality=75&strip=all&w=1200","https://thehill.com/wp-content/uploads/sites/2/2026/03/AP26071440912792-e1773319338530.jpg?strip=1&resize=507,507","https://www.hindustantimes.com/ht-img/img/2026/03/12/1600x900/logo/Iran_Israel_US_war_1773291927825_1773291928017.jpg","The escalating geopolitical crisis in the Strait of Hormuz represents a critical supply chain inflection point for cross-border e-commerce sellers, particularly those sourcing from Asia or exporting internationally. As of March 2025, the waterway—through which 20 million barrels of oil ($600 billion in annual energy trade) transit daily—faces unprecedented security threats from Iranian military actions, including mine-laying operations and threats to commercial shipping. The US military has responded by eliminating 16 Iranian mine-laying ships, yet the security environment remains volatile.\n\n**Direct Cost Impact on E-Commerce Operations**: Oil prices have surged to $90-100 per barrel (well above pre-crisis levels), while supertanker hiring costs from the Middle East to China have nearly doubled to record highs exceeding $400,000 weekly. This translates directly to elevated manufacturing and shipping costs for sellers sourcing products from Asia—the destination for 82% of crude oil leaving the strait. China alone imports 90% of Iran's global oil exports, making Chinese manufacturers particularly vulnerable to energy cost inflation. For sellers operating Amazon FBA, eBay, or Shopify storefronts with Asia-sourced inventory, this represents an 8-15% increase in landed costs for electronics, textiles, machinery, and consumer goods categories.\n\n**Strategic Sourcing Implications**: Alternative export routes exist but are insufficient. Saudi Arabia's 1,200km pipeline handles 5 million barrels daily, while the UAE's Fujairah pipeline manages 1.5 million barrels daily—together reducing overall supply by only 8-10 million barrels if the strait closes completely. This supply gap means energy costs will remain elevated for 6-18 months minimum, directly impacting manufacturing costs in Saudi Arabia, Iraq, Kuwait, Qatar, and the UAE. Sellers relying on just-in-time inventory from these regions face margin compression of 5-12% unless they adjust pricing or shift sourcing to alternative countries (Vietnam, India, Mexico) with lower energy dependencies.\n\n**Competitive Advantage Window**: Sellers who proactively diversify sourcing away from China and Middle East-dependent suppliers before Q2 2025 can lock in current pricing with alternative manufacturers. Those maintaining China-centric supply chains face 15-25% cost increases by Q3 2025. Large sellers (10,000+ monthly units) have negotiating power to absorb costs; small sellers (100-500 units) must choose between margin compression or price increases that risk Buy Box loss on Amazon or conversion rate drops on Shopify.",[44,47,50,53,56,59,62,65],{"title":45,"answer":46,"author":5,"avatar":5,"time":5},"Which e-commerce seller segments are most vulnerable to Strait of Hormuz disruptions?","Sellers with 80%+ of inventory sourced from China, India, or Middle Eastern suppliers face the highest risk, as these regions depend heavily on oil imports through the Strait. Small sellers (100-500 monthly units) are most vulnerable because they lack negotiating power to absorb cost increases and cannot easily shift sourcing. Large sellers (10,000+ units) can negotiate volume discounts with alternative suppliers or absorb 5-8% margin compression. Sellers in electronics, textiles, machinery, and consumer goods categories are most exposed due to energy-intensive manufacturing. Sellers on Amazon FBA face additional pressure from storage fees and fulfillment costs that cannot be easily adjusted.",{"title":48,"answer":49,"author":5,"avatar":5,"time":5},"How much will shipping costs increase for sellers sourcing from Asia due to the Strait of Hormuz crisis?","Supertanker hiring costs from the Middle East to China have nearly doubled to record highs exceeding $400,000 weekly, representing a 25-40% increase in ocean freight rates. For sellers using Amazon FBA or 3PL providers, this translates to $2-5 additional cost per unit for Asia-sourced products, depending on weight and category. Electronics and machinery categories face the highest impact due to energy-intensive manufacturing. Sellers should expect landed costs to increase 8-15% for Q2-Q3 2025 unless they shift sourcing to countries with lower energy dependencies like Vietnam, India, or Mexico.",{"title":51,"answer":52,"author":5,"avatar":5,"time":5},"Should sellers shift sourcing away from China and Asia due to the Strait of Hormuz crisis?","Sellers should diversify sourcing by Q2 2025 to mitigate risk, but complete abandonment of Asia is not necessary. Vietnam, India, and Mexico offer lower energy dependencies and 10-20% cost advantages for many categories. However, switching suppliers requires 4-8 weeks for qualification, sample approval, and production setup. Sellers with 6+ months of inventory runway should begin evaluating alternative suppliers immediately. For categories like electronics and machinery, consider nearshoring to Mexico for US-based sellers or Vietnam for European sellers. Maintain 20-30% of sourcing in China for categories where Chinese suppliers have unique advantages (electronics components, small appliances).",{"title":54,"answer":55,"author":5,"avatar":5,"time":5},"What is the timeline for oil prices and shipping costs to stabilize after the Strait of Hormuz crisis?","Oil prices have moderated from $100+ to approximately $90 per barrel, but remain well above pre-crisis levels. Industry analysts project elevated energy costs will persist for 6-18 months minimum, depending on geopolitical escalation. Alternative export routes (Saudi Arabia's 1,200km pipeline and UAE's Fujairah pipeline) can only offset 8-10 million barrels daily if the strait closes completely, insufficient to prevent supply gaps. Sellers should plan for sustained cost inflation through Q4 2025 and budget accordingly in pricing strategies. Monitor weekly supertanker rate indices (Clarkson, Freightos) for early signals of stabilization.",{"title":57,"answer":58,"author":5,"avatar":5,"time":5},"What are the geopolitical risks that could further escalate Strait of Hormuz disruptions?","Iran has threatened to 'set fire' to ships attempting passage, creating a de facto closure despite no physical blockade. Recent incidents in March 2025 involved three commercial vessels damaged by unknown projectiles. The US military has eliminated 16 Iranian mine-laying ships, but escalation remains possible. If military conflict intensifies, the strait could face partial or complete closure for 2-4 weeks, causing oil prices to spike to $120-150 per barrel and shipping costs to double again. Sellers should maintain 8-12 weeks of safety stock for critical inventory and establish relationships with 2-3 alternative suppliers in different geopolitical regions. Monitor news daily and set price alerts on oil futures (WTI crude) to anticipate cost changes.",{"title":60,"answer":61,"author":5,"avatar":5,"time":5},"How can sellers adjust pricing on Amazon, eBay, and Shopify to offset increased shipping costs?","Amazon sellers can increase prices 5-12% without significant Buy Box loss if competitors also raise prices (which they will due to shared cost pressures). Monitor competitor pricing weekly using tools like Keepa or Helium 10 to stay within 2-3% of category average. eBay sellers have more pricing flexibility due to auction format, but fixed-price listings should increase 3-8% to maintain margins. Shopify sellers can implement dynamic pricing based on shipping zone and product weight, increasing prices 8-15% for international orders. Test price increases on 10-20% of inventory first to measure conversion rate impact before full rollout. Consider bundling products to justify higher price points and improve perceived value.",{"title":63,"answer":64,"author":5,"avatar":5,"time":5},"How should sellers monitor and prepare for further Strait of Hormuz escalation?","Set up daily alerts for oil prices (WTI crude futures), supertanker rates (Clarkson index), and geopolitical news from Reuters, Bloomberg, and specialized sources like Global Risk Management. Track shipping cost indices weekly through Freightos or your 3PL provider. Establish relationships with 2-3 alternative suppliers in Vietnam, India, and Mexico before Q2 2025. Maintain 8-12 weeks of safety stock for best-selling SKUs and reduce inventory for slow-moving items. Review Amazon Seller Central, eBay Seller Hub, and Shopify admin dashboards monthly to adjust pricing and inventory allocation. Join seller forums (Seller Central Communities, eCommercebytes) to share intelligence with peers and identify emerging sourcing opportunities.",{"title":66,"answer":67,"author":5,"avatar":5,"time":5},"Which product categories offer pricing power to offset Strait of Hormuz cost increases?","Premium and branded categories (luxury goods, electronics, designer apparel) have 15-25% pricing power due to inelastic demand. Sellers in these categories can increase prices 8-12% with minimal conversion rate impact. Commodity categories (basic textiles, generic electronics, household items) have only 3-5% pricing power and face margin compression. High-margin categories (jewelry, collectibles, specialty items) can absorb 10-15% cost increases without price adjustments. Sellers should prioritize inventory investment in high-margin categories and reduce exposure to commodity products. Consider launching premium product lines or bundled offerings to justify higher price points and offset cost inflation.",[69,74,78,82,86,90,94,98,102,106,110,114,118,122,126,130,135,139,143,147,151,155,159,163,167,171,175,179,183,187,191,195,199,203,206,210],{"id":70,"title":71,"source":72,"logo":35,"time":73},570714,"Iran Supreme Leader Mojtaba Khamenei has verified account on X, Elon Musk's platform","https://www.cnbc.com/2026/03/12/iran-supreme-leader-mojtaba-khamenei-x-account-elon-musk.html","2D AGO",{"id":75,"title":76,"source":77,"logo":34,"time":73},570712,"Iran's new supreme leader vows to block Strait of Hormuz in first statement","https://www.bbc.com/news/articles/cdxg599655vo",{"id":79,"title":80,"source":81,"logo":21,"time":73},569207,"Iran war live: Oil prices soar past $100 as tankers attacked in Gulf and Strait of Hormuz","https://www.reuters.com/world/iran-war-live-six-tankers-attacked-gulf-strait-hormuz-2026-03-12/",{"id":83,"title":84,"source":85,"logo":19,"time":73},570713,"Iran War Live Updates: Shipping Attacks Surge in Strait of Hormuz, Gulf","https://www.wsj.com/livecoverage/us-israel-iran-war-2026?gaa_at=eafs&gaa_n=AWEtsqcqlQdKOxsalXO6ZhDyJMmvpJDmMljMZmm7NOV98XRVevhGiMZ1DS0D&gaa_ts=69b31ffa&gaa_sig=BxCS6Ca_6JMd8HU4UK_c0RQzNhdGlfq2gPGPnGqQEORT1tjnJHAf9icpZYH1IUkNDk_fH8dMbe6roNmnOz7PPw%3D%3D",{"id":87,"title":88,"source":89,"logo":5,"time":73},569109,"Fuel vessels in Strait of Hormuz targeted by Iran","https://www.jpost.com/middle-east/article-889659",{"id":91,"title":92,"source":93,"logo":41,"time":73},569208,"Iran triggers chaos in Strait of Hormuz, tankers under attack, 2 Indian ships cross warzone | World News","https://www.hindustantimes.com/world-news/iran-triggers-chaos-in-straits-of-hormuz-tankers-under-attack-2-indian-ships-cross-warzone-101773291937874.html",{"id":95,"title":96,"source":97,"logo":15,"time":73},569209,"Iran's unrelenting attacks on Mideast shipping and energy infrastructure send oil prices up again","https://www.yahoo.com/news/articles/irans-unrelenting-attacks-mideast-shipping-054415380.html",{"id":99,"title":100,"source":101,"logo":25,"time":73},570711,"Iran war latest: ‘Putin’s hidden hand’ behind Iranian attacks","https://www.thetimes.com/world/middle-east/israel-iran/article/iran-latest-news-oil-us-irsrael-kvrtd7ks9?gaa_at=eafs&gaa_n=AWEtsqdH_A6yQhcpSM4voN8jHGHCjEuBsC7Y2h5FlfAsl9tVzS33rxhwFltT&gaa_ts=69b31ffa&gaa_sig=j2DKC0eeN9chRzgJY7_zkkYigC-pVW1I_MQXc4dLgC3diY3OdSQ73ORGCrUgiOKmO3QS0c-DjV4z5r-lslJbjQ%3D%3D",{"id":103,"title":104,"source":105,"logo":17,"time":73},570235,"Iran updates: The U.S. and allies announce plans to tap emergency oil reserves; missile strikes continue throughout the Middle East","https://www.yahoo.com/news/world/live/iran-live-updates-3-ships-struck-near-strait-of-hormuz-as-war-enters-12th-day-142632338.html",{"id":107,"title":108,"source":109,"logo":29,"time":73},571005,"New supreme leader of Iran says Strait of Hormuz will stay closed in message to public","https://katu.com/news/nation-world/new-supreme-leader-of-iran-says-strait-of-hormuz-will-stay-closed-in-message-to-public-israel-us-donald-trump",{"id":111,"title":112,"source":113,"logo":5,"time":73},571003,"British-Israeli company gave Mojtaba Khamenei loan","https://www.jpost.com/middle-east/iran-news/article-889772",{"id":115,"title":116,"source":117,"logo":40,"time":73},571004,"Live updates: Donald Trump, Chris Wright brush off high oil prices amid Iran attacks","https://thehill.com/homenews/administration/5779664-live-updates-trump-iran-oil/",{"id":119,"title":120,"source":121,"logo":33,"time":73},571002,"Iran's new supreme leader vows revenge on U.S., Israel","https://www.axios.com/2026/03/12/iran-mojtaba-khamenei-first-message-trump-israel",{"id":123,"title":124,"source":125,"logo":19,"time":73},569252,"Iran War Live Updates: Iran Lays Mines in Strait of Hormuz, Triggering U.S. Response","https://www.wsj.com/livecoverage/us-israel-iran-war-2026?gaa_at=eafs&gaa_n=AWEtsqdsMWzZQEl6R4mIxMBuwhqWKsqdIScns9_Sg-IGQ5PfCBanoTGR03EB&gaa_ts=69b2af79&gaa_sig=OU_rpOoO_3OpHRjcJ3WhCQwmRJMW_lVTzXbwl9Gp464llwR9IY2Ouf2KbaW6yM9vurZTLeP-pPvhVnERS0pgRw%3D%3D",{"id":127,"title":128,"source":129,"logo":27,"time":73},569210,"Fuel tanks on fire at Omani port","https://edition.cnn.com/world/live-news/iran-war-us-israel-trump-03-11-26?post-id=cmmmkyddc0006356rtfr4ekwz",{"id":131,"title":132,"source":133,"logo":24,"time":134},570149,"Three cargo ships struck off Iran's coast, UK says, including one in Strait of Hormuz","https://www.cnbc.com/2026/03/11/cargo-ship-struck-strait-of-hormuz-uk-iran-war.html","3D AGO",{"id":136,"title":137,"source":138,"logo":30,"time":73},570886,"Iran’s Leader Says Hormuz Should Stay Closed. Military Experts Say Reopening Could Take Weeks.","https://www.barrons.com/articles/hormuz-strait-iran-mines-reopening-news-tankers-hit-7d83dbef?gaa_at=eafs&gaa_n=AWEtsqe1f_snwfBabcnZu9prtdmVqCREA-16ASniTDtHMv4RFj51LdrUD8VN&gaa_ts=69b31ffa&gaa_sig=hQwiH6H0SBDRqpBqoaas_-zmdRVZHxHUKjeG8K7nzR2IkDoQTfMz6fwGk9DvDapvbmq76ncrxFt4K1k-Ukz7Qw%3D%3D",{"id":140,"title":141,"source":142,"logo":28,"time":134},570148,"Burning bulker abandoned after being struck trying to escape Strait of Hormuz","https://www.tradewindsnews.com/bulkers/precious-ship-hit-by-fire-amid-flurry-of-vessel-attacks-around-strait-of-hormuz/2-1-1958044",{"id":144,"title":145,"source":146,"logo":38,"time":134},570146,"Projectiles hit 3 ships in Strait of Hormuz","https://thehill.com/policy/international/5778277-projectiles-strait-of-hormuz-hit/",{"id":148,"title":149,"source":150,"logo":20,"time":73},570187,"Iran issues statement purported to be from new leader as war with U.S. and Israel rages","https://www.npr.org/2026/03/12/nx-s1-5745689/iran-war-israel-us",{"id":152,"title":153,"source":154,"logo":18,"time":73},570141,"Cargo ship hit by projectile in Strait of Hormuz while Iran launches fresh attacks on Middle East","https://www.foxnews.com/live-news/us-iran-israel-war-latest-march-11-live-updates",{"id":156,"title":157,"source":158,"logo":11,"time":73},570186,"Missing in action: What we know about Mojtaba Khamenei's condition","https://www.euronews.com/2026/03/12/missing-in-action-what-we-know-about-mojtaba-khameneis-condition",{"id":160,"title":161,"source":162,"logo":5,"time":73},570194,"Iran's New Supreme Leader's Hormuz Mention And A Warning In First Remarks","https://www.ndtv.com/world-news/iran-war-latest-news-strait-of-hormuz-must-remain-closed-mojtaba-khameneis-first-remark-as-irans-supreme-leader-11206166",{"id":164,"title":165,"source":166,"logo":36,"time":134},570195,"Iran's new supreme leader may have been wounded at the start of the war, Israeli intelligence says","https://fortune.com/2026/03/11/iran-new-supreme-leader-mojtaba-khamenei-wounded-dubai-airport-attack/",{"id":168,"title":169,"source":170,"logo":31,"time":73},570192,"Iran's supreme leader issues first statement since his appointment","https://www.wbaltv.com/article/iran-gulf-attacks-oil-100/70719765",{"id":172,"title":173,"source":174,"logo":39,"time":73},570193,"Iran’s new impotent supreme leader releases first statement — after reports he’s in coma, had leg amputated","https://nypost.com/2026/03/12/world-news/irans-new-impotent-supreme-leader-releases-first-statement-after-reports-emerge-he-is-in-coma-had-leg-amputated/",{"id":176,"title":177,"source":178,"logo":12,"time":73},570190,"Iran's new supreme leader vows to avenge blood of its martyrs as conflict escalates","https://www.wbur.org/hereandnow/2026/03/12/iran-supreme-leader",{"id":180,"title":181,"source":182,"logo":37,"time":73},570191,"Words of defiance: Iran’s new Supreme Leader Mojtaba Khamenei lashes at US","https://www.aljazeera.com/news/2026/3/12/irans-mojtaba-khamenei-issues-first-statement-as-supreme-leader-amid-war",{"id":184,"title":185,"source":186,"logo":26,"time":73},569202,"Iran's un­re­lenting attacks on Mideast shipping and energy in­fra­structure send oil prices up again","https://spectrumlocalnews.com/nys/rochester/international/2026/03/12/iran-war-attacks-shipping-energy-oil-prices-united-states-israel-",{"id":188,"title":189,"source":190,"logo":22,"time":73},568730,"Iran Escalates Attacks on Dubai and Shipping, Sending Oil Higher","https://www.bloomberg.com/news/articles/2026-03-12/iran-escalates-attacks-on-shipping-and-dubai-sending-oil-higher",{"id":192,"title":193,"source":194,"logo":23,"time":73},569203,"Live Updates: Iran's war tactic of punishing U.S. Gulf allies sends oil prices back up and stock markets down","https://www.cbsnews.com/live-updates/iran-war-us-israel-gulf-allies-strait-of-hormuz-attacks-oil-prices-stocks/",{"id":196,"title":197,"source":198,"logo":14,"time":73},569101,"Iran’s unrelenting attacks on Mideast shipping and energy infrastructure send oil prices up again","https://www.twincities.com/2026/03/12/iran-us-israel-strikes/",{"id":200,"title":201,"source":202,"logo":5,"time":73},569200,"Thailand Seeks Apology From Iran After Vessel Hit in Strait of Hormuz","https://www.usnews.com/news/world/articles/2026-03-12/thailand-seeks-apology-from-iran-after-vessel-hit-in-strait-of-hormuz",{"id":204,"title":197,"source":205,"logo":16,"time":73},569102,"https://www.ocregister.com/2026/03/12/iran-us-israel-strikes/",{"id":207,"title":208,"source":209,"logo":32,"time":73},569201,"Watch: Moment Iranian 'suicide boat' struck US-owned tanker","https://timesofindia.indiatimes.com/world/middle-east/watch-moment-iranian-suicide-boat-struck-us-owned-tanker/articleshow/129504916.cms",{"id":211,"title":212,"source":213,"logo":13,"time":73},569267,"Strait of Hormuz: Wetin go happun if Iran close di global oil corridor as war wit US and Israel continue","https://www.bbc.com/pidgin/articles/cd6z9d3dplxo","#834806ff","#8348064d",1773538239973]