NATO on Friday, March 13, intercepted an Iranian ballistic missile that entered Turkish airspace, the country's Defense Ministry said in a statement <a href="https://www.bloomberg.com/news/articles/2026-03-13/nato-intercepts-third-iranian-missile-in-turkish-airspace?embedded-checkout=true">quoted by </a>Bloomberg. According to Turkish media, the interception apparently took place in the sky above Incirlik airbase, where hundreds of U.S. military personnel are stationed - sirens sounded there, the agency reports.

NATO forces shot down an Iranian ballistic missile over Turkey. This is the third time

Any war in the Middle East is usually perceived as a global risk for the economy. Oil rises, logistics become more expensive, and markets get nervous. But if you look more closely, this turbulence has beneficiaries. One of them is China.

How China is tacitly benefiting from the Gulf War

If the Strait of Hormuz remains closed until April, the cost of oil could exceed 2008 highs, Goldman Sachs has warned

U.S. intervention in oil futures trading risks 'biblical disaster' - CME

Meta Platforms, Inc.

NVIDIA Corporation

Amazon.com, Inc.

Apple Inc.

Tesla, Inc.

Alphabet Inc.

Sirens and explosions were heard and smoke from a fire was seen in Dubai on the morning of Friday, March 13. The U.S. has temporarily allowed the purchase of Russian oil already at sea to stabilize energy markets amid a war with Iran. Ma has delayed the launch of its new Avocado AI model until May-June due to weaker performance compared to Google Gemini. About these and other topics - in our review of key events by the morning of March 13.

Main things for the morning: Dubai hit, US brought RF oil back to the market, Mag7 on the verge of correction

U.S. Treasury Department authorization allows a month to buy oil from Russia stuck at sea 

The US lifted sanctions on Russian oil for a month. How did the market react?

Morgan Stanley

Chevron Corporation

Exxon Mobil Corporation

The US has admitted that it is not yet capable of providing military escorts for tankers through the Strait of Hormuz

Stocks plummet, oil above $101, Iran further blocks tankers: results of the 13th day of war

At issue is a ban on foreign tankers transporting oil between U.S. ports

U.S. to suspend century-old maritime law to curb oil prices

Iran's "strategy to create economic chaos in the Persian Gulf seems to be working," analyst says

Oil - $100, major U.S. indices lose 1% after Iran's new head of state speaks

Iran's new supreme leader Mojtaba Khamenei said the Strait of Hormuz should remain closed as "an instrument of pressure on the enemy," he said in a televised address <a href="https://www.reuters.com/world/iran-war-live-six-tankers-attacked-gulf-strait-hormuz-2026-03-12/">translated by</a> Reuters.

Strait of Hormuz must remain closed: Iran's new head - in first statement

The U.S. Navy is not yet ready to escort oil tankers through the Strait of Hormuz, strategically important for global supplies, the country's Energy Secretary Chris Wright <a href="https://www.cnbc.com/2026/03/12/energy-secretary-wright-says-us-not-ready-to-escort-tankers-through-strait-of-hormuz-yet.html">said</a> in an interview with CNBC. Such a possibility was not previously ruled out by President Donald Trump. But according to the head of the Energy Ministry, it is likely to appear only by the end of the month.

US not yet ready to escort tankers through the Strait of Hormuz - Energy Ministry

GLOBALFOUNDRIES Inc.

HighPeak Energy, Inc.

Netskope, Inc.

UiPath, Inc.

Bumble Inc.

Petco Health and Wellness Company, Inc.

Oracle Corporation

Papa John's International, Inc.

Nebius Group N.V.

UniFirst Corporation

Cintas Corporation

Sprinklr, Inc.

The Campbell's Company

Daily review and forecast of events on the U.S. stock market from Mikhail Denislamov, Deputy Director of Freedom Capital Markets Research.

Morning in New York: foreign and trade policies form a negative background

The Goldman Sachs Group, Inc.

Citigroup Inc.

Iran has stepped up strikes on Dubai, Bloomberg <a href="https://www.bloomberg.com/news/articles/2026-03-12/iran-escalates-attacks-on-shipping-and-dubai-sending-oil-higher?embedded-checkout=true">reports </a>. On Thursday morning, the emirate's authorities reported incidents with drones: in one case, debris fell on the facade of a building, in another - a drone struck the territory of a new high-rise residential complex.