US and Iran have signaled no quick end to their war, with Trump saying it was necessary to finish the job and Iran warning that the world should be ready for oil at $200 a barrel after striking tankers in Iraqi waters and near the vital Strait of Hormuz https://t.co/npBrNdfWJw
— Lucas Webber (@LucasADWebber) March 12, 2026
Iran has displayed its armada of explosive naval drones which it is using to shut the Strait of Hormuz and cripple the global economy.
The regime has forced shut the crucial passageway, through which 20 per cent of the world’s oil passes, as it ramps up its attacks on vessels in the region.
In previously released propaganda footage, the Islamic Republic boasted of its underground tunnels stocked with naval drones, anti-ship missiles, and sea mines.
It shows countless naval attack boats which are used to launch drones at passing vessels, wreaking havoc on the world’s economy as oil prices spike dramatically.
Iran has threatened to use its ‘100 metre a second’ underwater missiles, which it bragged only the regime and Russia owned, to send oil prices up to $200 a barrel.
Senior Islamic Revolutionary Guard Corps (IRGC) General Fadavi warned: ‘We have missiles that are fired from underwater and their speed is one hundred meters per second and we may use them in the coming days’.
Iran also said it would make the Persian Gulf run with the ‘blood of invaders’ if the US and Israel continue their strikes.
Parliament speaker Mohammad Bagher Ghalibaf said: ‘Any aggression against soil of Iranian islands will shatter all restraint. We will abandon all restraint and make the Persian Gulf run with the blood of invaders.’
In other dramatic developments:
A major fire hit Bahrain’s Muharraq Island – home to Bahrain’s International Airport – after an Iranian attack
Dubai was rocked by Iranian missiles with a high-rise building sustaining major damage
Eight people were killed in an Israeli strike on Beirut’s seafront as the IDF steps up attacks on Hezbollah
A British tourist faces two years in prison after being charged with a cyber crime offence for ‘filming’ Iranian missiles in Dubai