Live: Bahrain's BAPCO Refinery Ablaze; Trump Considers Ground Troops Amid Iran War Developments

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Iran War Escalates: New Leader, Oil Surges, US Troops Possible, Regional Chaos

Smoke rises following a strike on the Bapco Oil Refinery, amid the U.S.-Israeli conflict with Iran, on Sitra Island Bahrain, March 9, 2026. REUTERS

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Moneycontrol•09-03-2026, 12:10

Iran War Escalates: New Leader, Oil Surges, US Troops Possible, Regional Chaos

•Mojtaba Khamenei named Iran's new Supreme Leader after Ayatollah Ali Khamenei's reported death.
•Massive fire erupts at Bahrain's BAPCO refinery; White House hints at possible US ground troop deployment.
•Crude oil prices surge past $100 as Strait of Hormuz remains closed; seventh US service member dies.
•Israeli strikes kill nearly 400 in Lebanon; Tehran oil depots hit, Saudi Arabia reports two deaths.
•Asia-Pacific financial markets plunge; US orders non-emergency staff to leave Saudi Arabia amid drone threats.

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