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Tugboat Daily Brief - Iran-Israel Conflict - 2026-03-24

US and Israeli jets struck Tehran while Iran retaliated with a seventy-fifth wave of missile attacks, marking a shift to direct state-on-state warfare. President Trump issued a forty-eight-hour ultimatum to keep the Strait of Hormuz open as Brent crude prices surged past one hundred dollars.

Key Developments

US and Israeli jets launched over 3,000 strikes on Tehran, marking a shift to direct state-on-state warfare.

Iran retaliated with a seventy-fifth wave of missiles while threatening to close the Strait of Hormuz.

President Trump issued a 48-hour ultimatum demanding the strait remain open…

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