Tugboat Daily Brief - Iran-Israel Conflict - 2026-04-07
Coordinated US and Israeli airstrikes struck a university and residential districts in Tehran, prompting Iran to launch direct missile barrages at Tel Aviv in a shift to state-on-state warfare. This escalation drove global oil prices above $100 per barrel as governments scrambled to replenish defense stockpiles amid fears of a prolonged regional conflict.
Key Developments
Coordinated US and Israeli airstrikes struck a major university and residential districts in Tehran.
Iran abandoned proxy warfare and launched direct missile barrages at Tel Aviv in response.
Israel transitioned to offensive…
The skinny
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