Tugboat Daily Brief - Iran-Israel Conflict - 2026-03-18
Direct state-on-state warfare erupted between Iran and Israel as Tehran launched a massive missile barrage on central Israel and Israeli forces conducted retaliatory strikes deep inside the Iranian capital. The United States has joined the conflict with coordinated military sorties while Brent crude prices climbed to $104 amid fears of Strait of Hormuz disruption.
Key Developments
A massive missile barrage from Tehran struck central Israel while Israeli retaliatory strikes targeted deep inside the Iranian capital.
Israel shifted to offensive operations by assassinating top Iranian security…
The skinny
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