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Diplomatico
Politics

Briefing: Middle East war live: Israel strikes Tehran on Persian New Year as war rattles energy markets

Strategic angle: Israel pounded Tehran with airstrikes Friday as Iranians marked Nowruz, or the Persian New Year, in the midst of a war that has sent shock waves through the global economy.

editorial-staff
1 min read
Updated 23 days ago
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Israel's airstrikes on Tehran on March 20, 2026, occurred during the Persian New Year, Nowruz, highlighting the intersection of cultural observance and military action.

These strikes are likely to have significant implications for the stability of energy markets, particularly given Iran's role in regional oil and gas supply chains.

The ongoing conflict raises questions about the resilience of energy infrastructure in the region and the potential for disruptions that could affect global energy prices.