TOPSHOT - A dock worker walks past a container ship at Umm Qasr Port in Basra on March 12, 2026. Oil-rich Iraq has long been a proxy battleground between the United States and Iran, and saw itself dragged straight into the Middle East war after Israel and the US attacked Iran on February 28. (Photo by Hussein FALEH / AFP via Getty Images)

This aerial photo shows stacked shipping containers at Umm Qasr Port in Basra on March 12, 2026. Oil-rich Iraq has long been a proxy battleground between the United States and Iran, and saw itself dragged straight into the Middle East war after Israel and the US attacked Iran on February 28. (Photo by Hussein FALEH / AFP via Getty Images)

This aerial photo shows stacked shipping containers at Umm Qasr Port in Basra on March 12, 2026. Oil-rich Iraq has long been a proxy battleground between the United States and Iran, and saw itself dragged straight into the Middle East war after Israel and the US attacked Iran on February 28. (Photo by Hussein FALEH / AFP via Getty Images)

TOPSHOT - This aerial photo shows stacked shipping containers at Umm Qasr Port in Basra on March 12, 2026. Oil-rich Iraq has long been a proxy battleground between the United States and Iran, and saw itself dragged straight into the Middle East war after Israel and the US attacked Iran on February 28. (Photo by Hussein FALEH / AFP via Getty Images)

TOPSHOT - Smoke rises above Dubai on March 13, 2026. Explosions rattled buildings in Dubai and a large cloud of smoke hung over a central area of the Middle East financial hub on March 13, AFP correspondents said. (Photo by AFP via Getty Images) /

Smoke rises above Dubai on March 13, 2026. Explosions rattled buildings in Dubai and a large cloud of smoke hung over a central area of the Middle East financial hub on March 13, AFP correspondents said. (Photo by AFP via Getty Images) /

A refuelling truck carrying aviation fuel is pictured next to a Scoot passenger jet at Singapore Changi Airport in Singapore on March 13, 2026. Some Asian airlines have begun hiking ticket fares in response to energy concerns arising from war in the Middle East that have driven up oil prices. (Photo by Roslan RAHMAN / AFP via Getty Images)

A Scoot passenger jet is pictured at Singapore Changi Airport in Singapore on March 13, 2026. Some Asian airlines have begun hiking ticket fares in response to energy concerns arising from war in the Middle East that have driven up oil prices. (Photo by Roslan RAHMAN / AFP via Getty Images)