Oil Prices Fall Despite Iran’s Retaliation Threat After Ali Larijani Killing
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The US-Iran war has sharply escalated after the killing of Iranian Security Chief Ali Larijani in an Israeli air strike. In response, Tehran has launched missile attacks and warned of “decisive” retaliation. As tensions grow across the Middle East, fears spread about a wider and more dangerous war. Despite these heightened tensions, the oil prices remain low. This is mainly due to the absence of major supply disruptions. The Strait of Hormuz shipping operations continue at oia restricted yet constant speed US-Iran War Escalates After Killing of Ali Larijani In the latest development within the ongoing US-Iran war, Iranian security leader Ali Larijani has been killed. The conflict has reached a critical point because both sides continue fighting without any indication of a peaceful resolution. Responding to this attack, Iran pledged “decisive” retaliation following the killing, launching missile attacks at Israel. Iranian army chief Amir Hatami stated, “Iran’s response to the assassination of the secretary of the Supreme National Security Council will be decisive and regrettable.” Overnight, Iran and its allied groups continued their retaliatory strikes. In Israel, two people were killed in Tel Aviv after suffering severe shrapnel injuries, according to emergency services. Tehran Signals Stability Despite Key Assassinations Amid these developments, Iran’s Foreign Minister Abbas Araghchi stated that the country’s forces remain stable despite key leadership losses. He added that the US and Israel still don’t understand the Iranian government’s power. His statement read, “I do not know why the Americans and the Israelis still have not understood this point: The Islamic Republic of Iran has a strong political structure with established political, economic, and social institutions…The presence or absence of a single individual does not affect this structure.” Recently, Donald Trump stated that Iran intends to make a deal with the US. However, the Iranian minister’s latest…
Filed under: News - @ March 18, 2026 6:26 am