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Israel ambassador details fresh strikes on IRGC targets, rejects oil price blame

Mar 11, 2026, 02:11 GMT+0

Israel’s ambassador to the US said on Tuesday Israel destroyed a ballistic missile launcher that fired cluster munitions into Israel, an IRGC underground complex for weapons of mass destruction, and Basij forces near Ilam.

"Back to something we reported two days ago, the oil depot that we hit into Iran. Some media outlets have reported that that's the reason for the spike in oil prices. Well, it's not the case. The oil depot belonged to the IRGC. It wasn't oil that's on the international markets. This was an IRGC source of funding, which we took out after the president's statements yesterday, we saw the price drop," Ambassador Yechiel (Michael) Leiter posted on X.

"And as soon as the Straits of Hormuz can be opened and guaranteed, we're going to see the prices drop back further. The main issue here is that we have to collapse this regime. Otherwise the issue of oil prices is going to be far more acute, because this country will have nuclear weapons and ballistic missiles, which they can use to hold the entire world hostage. That isn't going to be going to defeat this regime. We're going to stop the proliferation of ballistic missiles, nuclear weapons and the exportation of terrorism," he added.

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