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Six Months, No End
Six months into the U.S. and Israeli war on Iran that began on February 28, Reuters said almost half of the world's oil comes from countries affected by conflict in 2026 and that the resulting disruptions have eclipsed previous energy crises.
“Six months ago, U.S. and Israeli attacks on Iran triggered what has become the largest oil supply crisis on record”
Reuters said the U.S. and Israeli attacks on Iran triggered what has become the largest oil supply crisis on record, with no clear end in sight, and it put the current Gulf oil disruption at around 5 million to 7 million bpd according to analysts' estimates.
The Ynetnews report said Trump ordered the attack anyway after warnings that killing Iran’s supreme leader could produce an even harder-line government and that Tehran would likely move to close the Strait of Hormuz, destabilizing global energy markets.
NPR reported that when the military and the State Department ordered the evacuation of dependents on March 2, the Navy expected only a brief displacement similar to when the U.S. and Israeli forces attacked Iran's nuclear facilities in June 2025, a war that lasted 12 days.
Warnings, Wounded, and Families
Ynetnews said then-Director of National Intelligence Tulsi Gabbard warned Trump that killing Iran’s supreme leader could produce an even harder-line government, and it quoted Eric Brewer saying, “This was all predictable and predicted,” while adding that “You can draw a straight line from the fact that the war was launched without any clear political objective.”
NPR described the human toll for U.S. Navy families evacuated from Bahrain, saying the Navy is “making it up as we go because nothing is conceived to go on this length of time,” and it reported that about 580 people participated in a virtual town hall meeting.
NPR said the Iran war left the Navy scrambling to figure out what to do with 1,300 dependents who left just about everything behind in Bahrain, the headquarters of the Navy's Fifth Fleet, and it said the number does not include the sailors and civilian workers who were also displaced.
NPR quoted Vice Adm. Curt Renshaw saying, “Unfortunately, this has just stretched on and on, and has evolved into something greater and a bigger challenge,” and it reported that the Navy expected only a brief displacement when the evacuation began on March 2.
Economic Pressure and Retaliation
The New York Times reported that Iran said it will not bow to Trump’s economic pressure, with Esmaeil Baghaei, spokesman for the Iranian Foreign Ministry, telling reporters that Trump’s government was simply “repeating methods that have proven ineffective” in the past.
““repeating methods that have proven ineffective” in the past”
The New York Times also quoted Baghaei saying, “Iran will certainly use all multilateral capabilities to counter the economic sanctions,” and it said Iranian civilians would bear the cost of the U.S. sanctions.
El Nuevo Día reported that Trump posted on Truth Social that “Iran is collapsing completely,” and it said the day Washington is expected to announce an aggressive package of new economic sanctions against the Tehran regime would mark six months since the United States and Israel began on February 28.
Reuters said the IEA released record volumes from emergency stockpiles to help cushion the supply shock and that those releases are now largely complete even as global inventories continue to decline, underscoring how the energy disruption and the economic campaign are unfolding together.