Iran’s ‘Burn the Oil’ Strategy
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ABC News
4.5 • 6.4K Ratings
🗓️ 12 March 2026
⏱️ 29 minutes
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| 1:04.2 | It's Thursday, March 12th, and more tankers are on fire. We start here. |
| 1:15.7 | Iran attacks oil infrastructure around the Persian Gulf. |
| 1:20.5 | Iran is threatening that it will drive the price of oil to over $200 a barrel. |
| 1:26.2 | This was exactly what President Trump warned Iran not to do. Now he's tapping oil reserves to beef up supply. More and more countries face drone |
| 1:29.3 | attacks. Could America's West Coast be next? Iran is aspiring to use those same kinds of drones. |
| 1:36.3 | Here, if Iran was to attack the U.S. Homeland officials say this is how they'd planned to do it. |
| 1:41.3 | And the investigation continues into the single most tragic missile strike so far. |
| 1:46.6 | Sources told us it was indeed the U.S. that was working targets in that area. |
... |
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