March 11, 2026 4:44 PM

Iran fires back at bases and ships despite war’s most intensive strikes

Iran fired at Israel and targets across the Middle East on Wednesday, while at least three ships were hit in the Gulf, demonstrating Tehran can still fight back and disrupt energy supplies despite the most intense U.S.-Israeli strikes yet. Oil prices that shot up earlier this week have eased and stock markets have rebounded, with investors betting for now that U.S. President Donald Trump will find a quick way to end the war he began alongside Israel nearly two weeks ago. But so far there has b...