--- title: "Oil prices soar as Iranian attacks set Gulf tankers ablaze" type: "News" locale: "en" url: "https://longbridge.com/en/news/278855699.md" description: "Iran appeared to have set ablaze two tankers in Iraqi waters as it stepped up attacks on oil and transport facilities across the Middle East, sending oil prices soaring again on Thursday. Syakir Jasnee reports." datetime: "2026-03-12T09:35:16.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/278855699.md) - [en](https://longbridge.com/en/news/278855699.md) - [zh-HK](https://longbridge.com/zh-HK/news/278855699.md) --- # Oil prices soar as Iranian attacks set Gulf tankers ablaze Iran appeared to have set ablaze two tankers in Iraqi waters as it stepped up attacks on oil and transport facilities across the Middle East, sending oil prices soaring again on Thursday. Syakir Jasnee reports. ### Related Stocks - [USO.US](https://longbridge.com/en/quote/USO.US.md) - [BNO.US](https://longbridge.com/en/quote/BNO.US.md) - [XES.US](https://longbridge.com/en/quote/XES.US.md) - [XLE.US](https://longbridge.com/en/quote/XLE.US.md) - [IXC.US](https://longbridge.com/en/quote/IXC.US.md) - [XOP.US](https://longbridge.com/en/quote/XOP.US.md) - [ERX.US](https://longbridge.com/en/quote/ERX.US.md) - [UCO.US](https://longbridge.com/en/quote/UCO.US.md) - [VDE.US](https://longbridge.com/en/quote/VDE.US.md) - [IEZ.US](https://longbridge.com/en/quote/IEZ.US.md) - [NRGU.US](https://longbridge.com/en/quote/NRGU.US.md) - [PXJ.US](https://longbridge.com/en/quote/PXJ.US.md) - [CRAK.US](https://longbridge.com/en/quote/CRAK.US.md) - [IEO.US](https://longbridge.com/en/quote/IEO.US.md) - [OIH.US](https://longbridge.com/en/quote/OIH.US.md) - [GUSH.US](https://longbridge.com/en/quote/GUSH.US.md) ## Related News & Research - [ANZ lifts oil price forecasts on Middle East supply losses](https://longbridge.com/en/news/282597798.md) - [Iran war upends IEA's global oil market outlook](https://longbridge.com/en/news/282650437.md) - [Physical crude oil prices have already hit $140, Repsol CEO says](https://longbridge.com/en/news/282516621.md) - [Oil whiplash: Iran war shock to flip market to deficit in 2026, analysts say](https://longbridge.com/en/news/282466319.md) - [BREAKINGVIEWS-Gulf conflict has already laid a Fed trap](https://longbridge.com/en/news/282064342.md)