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March 7, 2026

Middle East Crisis: Iran Apologises to Gulf Countries, Assures No Further Attacks

The CSR Journal Magazine

Tensions in the Middle East escalated as Iran launched multiple missiles targeting central and southern Israel, including Greater Tel Aviv and Be’er Sheva. Air raid sirens blared across several regions, including Jerusalem, while defence systems intercepted projectiles. Saudi Arabia reported intercepting six drones aimed at the Shaybah oil field and Riyadh, with no casualties reported.

In Lebanon, Israeli airstrikes targeted sites linked to Hezbollah in southern suburbs of Beirut, while clashes were reported in Nabi Sheet in the Bekaa Valley. Explosions in Abu Dhabi prompted authorities to provide medical support to those injured.

Iran President Assures No Further Offensives

Iranian President Masoud Pezeshkian, in a televised address, apologised to neighbouring Gulf countries and reaffirmed that Iran has no intention of invading or targeting other nations. He assured that missile or drone strikes would only occur if an attack originated from foreign territories. Pezeshkian stressed that Iran respects regional sovereignty and aims to maintain stability despite ongoing tensions.

Iranian officials also dismissed remarks by Donald Trump regarding surrender or leadership changes, asserting that Iran’s internal leadership decisions remain sovereign.

Regional Impact and Evacuations

The UAE suspended all flights to and from Dubai as a precaution. Passengers at Dubai International Airport were directed to take shelter in train tunnels following air raid alerts. Meanwhile, major oil companies, including Halliburton, KBR and Schlumberger, began evacuating expatriate staff from Iraqi oilfields to Kuwait due to rising conflict risks.

Explosions across Tehran and attacks in Iran’s central Isfahan province left at least eight dead. Israeli fighter jets carried out overnight strikes on over 80 military targets in Iran, including IRGC facilities, missile launch infrastructure, and underground storage complexes.

Global Oil Markets React

The conflict has sent global oil markets surging. US crude futures rose 12% in a week, reaching $90.90 per barrel, while Brent crude increased 27% over the same period, marking the largest weekly gains since the COVID-19 pandemic. Refiners scrambled for alternative supplies amid disruptions to Middle Eastern oil production.

Analysts warn that the conflict may continue to disrupt civilian life, economic stability, and regional security as military operations expand.

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