Breaking
BREAKING: At least 15 US troops wounded in Iran strike on Saudi airbase: ReportsBREAKING: Iran footballers pay tribute to victims of school strike at start of warFormer US defence chief says more war won’t bring peace to Middle EastBREAKING: Protests in Yemen against US-Israeli attacks as Houthis warn of actionHow the US and Israel are making the Islamic republic strongerBREAKING: Russian strikes on Ukraine kill 4 as deal to end war dimsThe war on Iran faces a MAGA backlashBREAKING: Philippine transport strikers say Marcos Jr failing to control oil pricesBREAKING: At least 15 US troops wounded in Iran strike on Saudi airbase: ReportsBREAKING: Iran footballers pay tribute to victims of school strike at start of warFormer US defence chief says more war won’t bring peace to Middle EastBREAKING: Protests in Yemen against US-Israeli attacks as Houthis warn of actionHow the US and Israel are making the Islamic republic strongerBREAKING: Russian strikes on Ukraine kill 4 as deal to end war dimsThe war on Iran faces a MAGA backlashBREAKING: Philippine transport strikers say Marcos Jr failing to control oil prices
War Day 29
March 28, 2026 — 13:05 UTC
Updated: March 28, 2026 — 21:05 SGT

Day 29: At least 15 US troops wounded in Iran strike on Saudi airbase: Reports

At least five soldiers are reported in serious condition following Iran attack that damaged refuelling aircraft.

Market Snapshot

War-Driven Markets
Full Analysis
Crude Oil (WTI)
+13.1%
$99.64
Hormuz disruption premium
Brent Crude
+5.4%
$105.32
Supply shock premium
Gold (XAU/USD)
+2.7%
$4,524
Safe-haven demand
S&P 500
-2.1%
6,369
War uncertainty drag
Nasdaq 100
-3.2%
23,133
Tech sector pressure
USD Index (DXY)
+1.3%
100.2
Safe-haven dollar demand
10Y Treasury Yield
+2.4%
4.44%
Defense spending fears
VIX (Fear Index)
+18.7%
31.1
War volatility gauge

Active Conflict Theaters

5 Theaters
Full Briefing

Iran

ACTIVE
  • Israel launched overnight strikes on Iranian 'regime targets' in Tehran
  • Two Iranian nuclear facilities struck — uranium processing plant confirmed hit
  • Iran's largest steel factories targeted in industrial campaign

Gulf States

ESCALATING
  • Saudi Arabia intercepted missile targeting Riyadh
  • 12 US military personnel wounded at Saudi airbase — 2 seriously
  • UAE air defense intercepted Iranian missiles and drones

Israel

ACTIVE
  • Iran launched missile salvo striking Tel Aviv commercial street
  • One man killed in Tel Aviv, several wounded across country
  • Israel expanding ground war in Lebanon — pushing toward Litani River

Yemen / Houthis

ENTERED WAR
  • Houthis fired first ballistic missiles at Israel — March 28
  • Houthis warned they would enter if attacks on Iran continued
  • Red Sea shipping disruptions expected to intensify

Lebanon / Hezbollah

ESCALATING
  • Israel entered Khiam, clashing with Hezbollah near Tyre
  • Israel pushing to create 'security zone' up to Litani River
  • Hezbollah fired at Israeli tanks and a warplane over Beirut

Strait of Hormuz Watch

Critical Deadline
April 6, 2026
Trump's extended deadline for Iran to fully reopen the Strait
Global Oil Transit
~20%
Daily Barrels
21 million barrels/day
Global LNG
~25% of global LNG
WTI Crude
$127.40

Oil executives warn: if Hormuz remains shut past mid-April, supply disruptions become significantly worse and potentially irreversible short-term.

Strait of Hormuz
Strategic Intelligence
Strait of Hormuz

Top Financial Strategies

All 8 Strategies
OVERWEIGHT3–6 months

Energy Sector

Strait of Hormuz disruption creates sustained supply shock. WTI above $120 with potential to reach $150+ if Hormuz remai...

XLE ETFXOMCVX
OVERWEIGHT12–24 months

Defense Contractors

Trump's $1.5T defense budget request (50% increase, Korean War levels) benefits all major contractors. LHX, LMT, RTX, NO...

ITA ETFLMTRTX
HOLDMonitor weekly

Gold & Precious Metals

Gold's traditional safe-haven role is being questioned — down ~13% to $4,550 since war started. USD strengthening is off...

GLD ETFPhysical goldSLV for silver exposure

Scenario Probability Matrix

Hormuz Reopens (Apr 6)
$95–10535%

Risk-on rally; defense stocks pullback; energy sector decline

Partial Disruption (Apr–Jun)
$120–14040%

Sustained inflation; Fed on hold; energy/defense outperform

Full Hormuz Closure (>60 days)
$150–180+20%

Recession risk; stagflation; extreme energy/defense gains

Escalation to Nuclear Threshold
$200+5%

Black swan; systemic risk; cash and commodities only

War Timeline

Feb 28, 2026
War begins — US and Israel launch coordinated strikes on Iran
Mar 1, 2026
Oil prices spike sharply; Strait of Hormuz partially disrupted
Mar 3, 2026
Morgan Stanley publishes 7 investor takeaways on Iran conflict
Mar 15, 2026
Israel strikes Iranian nuclear facilities for first time
Mar 20, 2026
300+ US soldiers wounded since war began
Mar 25, 2026
15-point peace plan proposed; stocks rise briefly
Mar 26, 2026
Trump extends Hormuz deadline; Rubio says 'weeks not months'
Mar 27, 2026
Iran strikes Saudi airbase; 12 US personnel wounded
Mar 28, 2026
Houthis enter war with missile attack on Israel (Day 29)
Financial markets
Goldman Sachs Warning

Iran War Could Push Inflation Higher for a Year

Goldman Sachs projects Iran war oil prices could push US CPI 0.5–1.2% higher over 6 months. Fed faces impossible choice between fighting inflation and supporting growth. Rate cuts now off the table for 2026.

View Full Strategy