Iranian drone attacks temporarily shut Dubai airport and hit a key oil facility in the UAE. Read more at straitstimes.com. Read more at straitstimes.com.

The Islamic Republic has vowed to block the region’s oil exports, saying it would not allow “even a single liter” to be shipped to its enemies.

BEIRUT, Lebanon (AP) — Fears of a global energy crisis rose Monday as the war in the Middle East raged on, with more U.S.-Israeli strikes on the Iranian capital and Israel’s bombardment of Lebanon. An Iranian drone strike temporarily shut Dubai’s airport, a crucial global travel hub, underscoring the threats to the world economy.

GULF ATTACKS: Dubai International Airport, the world’s busiest, temporarily suspended flights after a drone attack sparked a fire nearby. New strikes were reported across the region as Iran retaliated, while intense attacks hit Tehran as the war launched by the U.S. and Israel entered its third week.

By Alexander Cornwell and Parisa Hafezi TEL AVIV/DUBAI, March 16 (Reuters) - Israel said on Monday it has detailed plans for at least three more weeks of war as its military pounded sites across Iran overnight,

Iran's threat to close the Strait of Hormuz has halted shipments, raised oil prices and increased risks of global supply delays.

The Strait of Hormuz is the narrow mouth of the Persian Gulf through which about a fifth of the world's oil passes.

Oil prices are up swinging wildly as the widening Iran war disrupted tanker traffic through the Strait of Hormuz, highlighting how important the passageway is to the world's oil supply.

Gas prices are climbing as the Iran war essentially shuts down shipping through the Strait of Hormuz, a narrow passage off Iran’s coast that serves as a key route for oil and gas from the Persian Gulf.