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Tugboat Daily Brief - Iran-Israel Conflict - 2026-04-05

Coordinated US and Israeli airstrikes struck Iranian nuclear sites today, marking a sharp transition from proxy skirmishes to direct state-on-state war. Global oil prices hover near $110 a barrel while military supply chains tighten in anticipation of sustained high-intensity conflict.

Key Developments

Coordinated US and Israeli airstrikes targeted Iranian nuclear sites, marking a shift to direct state-on-state war.

Iran retaliated with missile barrages on central population centers while leveraging proxy groups to open multiple fronts.

The US transitioned from a supportive role to direct…

The skinny

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