Iran’s unrelenting attacks continue in the Gulf region with no end in sight

Iran's unrelenting attacks on shipping traffic and energy infrastructure in the Persian Gulf pushed oil back above $100 a barrel on Thursday.

Iran‘s unrelenting attacks on shipping traffic and energy infrastructure in the Persian Gulf pushed oil back above US$100 a barrel on Thursday, as American and Israeli strikes pounded the Islamic Republic with no sign of an end to the war in sight.

Iran is trying to inflict enough global economic pain to pressure the United States and Israel to halt their bombardment, which started the war on Feb. 28. Iran’s president said its attacks would continue until Iran gets security guarantees against another assault, indicating that even a ceasefire or U.S. declaration of victory might not halt the conflict.

U.S. President Donald Trump has meanwhile promised to “finish the job,” even though he claimed Iran is “virtually destroyed.”

Iran-backed Hezbollah militants meanwhile launched some 200 rockets from Lebanon at northern Israel while sirens rang out and loud booms from the interception of Iranian missiles could be heard in other areas. Israel launched another wave of attacks on Tehran and in Lebanon, where 11 people were killed.

The U.N. refugee agency said up to 3.2 million people in Iran have been displaced by the ongoing war. It said most have fled from Tehran and other major cities toward the north of the country or rural areas. It says at least 759,000 people have been internally displaced in Lebanon.

Iranian President Masoud Pezeshkian suggested online Thursday that for the war to end, the world would need to recognize Iran’s “legitimate rights,” pay reparations and offer guarantees against future attacks.

In addition to attacking energy infrastructure around the region, Iran has a stranglehold on the Strait of Hormuz, the waterway leading from the Persian Gulf toward the Indian Ocean through which a fifth of the world’s oil is transported.

Amid speculation that the U.S. might target Kharg Island in the Persian Gulf, Iran’s main oil terminal, Iran’s parliamentary speaker Mohammad Bagher Qalibaf threatened in a social media post that any attempt to take Iranian islands would “make the Persian Gulf run with the blood of invaders.”