Good morning to readers. #Oil prices have surpassed $110 per barrel (+53% pre-war).

The war in Iran expands and hits even U.S. allies in Middle East, like #Iraqi Kurds.

Kurdish businesses, like Salih's travel company, lose employees, clients and revenues. https://www.iranwar.news/p/kurdish-economy-squeezed-from-all

America’s friends in Iraq pay the price

The fighting next door to the Kurdish region of Iraq is freezing Erbil’s economy, as grounded flights, power shortages, and a dollar crunch leave business with little fiscal room to maneuver.

Iran War Dispatches with Tim Mak
ERBIL, Kurdistan Region of #Iraq (March 19) — The faint braaaap from the sky sounded like a deck of cards riffled against a steel file.
The following #explosion tumbled, west to east, across the night. The group - Christopher and some half-dozen #Kurdish businessmen gathered at a neighborhood mosque - paused their chat and looked up.
"Boom," said Salih Albarzinja, an Erbil businessman who owns one of the largest travel agencies in the region. His tone was casual and he sounded unfazed by the aerial #explosion of the drone that was likely targeting the U.S. #airbase next to Erbil's international #airport.
But every #drone launched by #Iranian-backed militias targeting U.S. facilities might as well be a bullet to his bank account. His business has come to a standstill thanks to the war next door in Iran.
"Now our profit is zero," he says glumly. "I've lost a lot of money."
Three weeks into the war, the economy of #Iraqi #Kurdistan, a relative island of stability in a turbulent region since the Iraq #War, is reeling. Across Erbil, merchants and #businessmen say the war is freezing the economy, shutting airports, draining #dollars and leaving a region that depends on foreign investment cut off from the outside world.
Find out more about how the closure of Erbil International #Airport and the surrounding conflict are paralyzing the region's economy by clicking the link! https://www.iranwar.news/p/kurdish-economy-squeezed-from-all
America’s friends in Iraq pay the price

The fighting next door to the Kurdish region of Iraq is freezing Erbil’s economy, as grounded flights, power shortages, and a dollar crunch leave business with little fiscal room to maneuver.

Iran War Dispatches with Tim Mak

THE LATEST #NEWS AT THIS HOUR:

MAJOR #GAS FIELDS IN MIDDLE EAST DAMAGED: #Qatar Energy, the world’s second-largest LNG exporter, was extensively damaged by an Iranian missile attack on the energy hub Ras Laffan. https://www.reuters.com/world/middle-east/qatarenergy-reports-extensive-damage-after-missile-attacks-ras-laffan-industrial-2026-03-18/

U.S. CONSIDERS DEPLOYING TROOPS TO SECURE STRAIT: Trump’s administration considers deploying thousands of U.S. troops in the Middle East to secure safe passage for #oil tankers through the Strait of #Hormuz. https://www.reuters.com/world/middle-east/us-weighs-military-reinforcements-iran-war-enters-possible-new-phase-2026-03-18/
POTENTIAL FEES FOR SHIPS IN STRAIT OF #HORMUZ: #Iran considers monetizing its control over the Strait of #Hormuz by demanding transit fees and #taxes on vessels passing through ​there, Reuters reported. https://www.reuters.com/world/middle-east/iran-considers-levying-transit-fees-ships-hormuz-strait-lawmaker-says-2026-03-19/
Also in today’s news:
The Pentagon requests $200 billion to fund the Iran war; a key port for oil briefly stopped shipping; and a u.s. f-35 made an emergency landing — read more about it through the link! https://www.iranwar.news
Iran War Dispatches with Tim Mak | Substack

A publication to report on the war in Iran through the stories of people on the ground. Click to read Iran War Dispatches with Tim Mak, a Substack publication with thousands of subscribers.

@timkmak US troops in Iraq peaked at 170,300. Iran is a more populous and inhospitable country. Even if US troops mainly concentrated on securing the coast, a huge number would be needed.
@timkmak Translation: TV personality not grounded in reality considers deploying troups to make it look like he is taking action to secure Strait of Hormuz.