Good morning to readers. #Oil prices have surpassed $112 per barrel (+55% compared to pre-war).

Mehrdad's company made $100M annually. Now, he's looking for a side hustle.

With #Hormuz closed, exporters of pistachios, dates, and everyday goods are taking a hit.

https://www.iranwar.news/p/hormuz-is-not-just-an-oil-story

Hormuz is not just an oil story.

The Strait of Hormuz has obviously caused a global oil nightmare, but there’s more to it: traders exporting local Iranian delicacies, like dates and nuts, are taking a hit from the chaos in the strait

Iran War Dispatches with Tim Mak
A few weeks ago the company that Mehrdad worked for as an import-export manager had an annual trade turnover of nearly $100 million and exported goods to China, India and Dubai through the Strait of Hormuz.

But now Mehrdad* is looking for a side hustle.

After the Strait of #Hormuz closed, his company’s operations were hit dramatically and now Mehrdad* is looking for a side hustle.

“If the strait doesn’t open in a week or two, many people, including my friends, will lose their jobs,” Mehrdad says.

Iran’s closure of the narrow chokepoint — the Strait of #Hormuz — has sent governments globally scrambling to contain the fallout.

Want to find out how the Strait of #Hormuz crisis affects regular businesses? Check out 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.

The latest news at this hour:

#YEMEN’S HOUTHIS JOIN THE #WAR: The Houthis, an Iran-aligned group in Yemen, claimed responsibility for launching ballistic missiles at Israeli military sites, marking their first strike since the start of the conflict in Iran, Al Jazeera reported.

https://aje.news/pg663c?update=4441447

Iran war live: Houthis target Israel again; Iran says infrastructure hit

Attacks on vital Iranian infrastructure continue to escalate, after nuclear sites, steel plants hit by Israel yesterday.

Al Jazeera

STRIKE ON #U.S. BASE IN SAUDI #ARABIA INJURES 10 TROOPS: At least 10 U.S. troops were wounded in an Iranian strike on a heavily defended Prince Sultan Air Base in Saudi Arabia, The Washington Post reported.

https://www.washingtonpost.com/national-security/2026/03/27/iran-wounds-us-troops-saudi-base/

At least 10 U.S. troops wounded in Iranian attack on Saudi air base

The strike on Prince Sultan Air Base also damaged at least two Air Force refueling aircraft and underscored that despite weeks of strikes, Iran still poses a threat.

The Washington Post

#RUSSIA SENDS UPGRADED DRONES TO IRAN: Russia is reportedly sending upgraded drones to #Iran. They are based on Iranian Shahed models that Russia has refined during the war against #Ukraine, adding improved navigation, anti-jamming systems, and AI capabilities

https://apnews.com/article/russia-iran-drones-shahed-war-israel-ukraine-840b4f885d99714bdb7813c0d56213cf

Iran is getting upgraded drones from Moscow amid Middle East tensions, officials say

U.S. and European officials have told The Associated Press that Russia is sending a shipment of drones to Iran including upgraded versions of the drone technology that Tehran originally supplied to Moscow after its invasion of Ukraine. The European official said the two sides have been holding active discussions throughout March about transferring the drones from Russia to Iran. It's not clear if the delivery is a one-time shipment or the first in a series. And the officials say they don't know the number of drones being sent. The Kremlin has denied the reports. The officials say the upgraded drones could carry more advanced anti-jamming technology, cameras, or use satellite internet.

AP News

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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.