Iran War Timeline 2026: February 28–March 15
AI-assisted analysis

Iran War Timeline 2026: February 28–March 15

The Board · AI-assistedEditorial standards·Mar 17, 2026·Updated 27 Sept 2026· 3 min read· 695 words
695 words

The opening phase of the 2026 Iran war began with US and Israeli strikes on February 28 and developed into a regional security and energy crisis. This chronology covers selected events documented in primary UN and International Energy Agency records through March 15. It is not a complete day-by-day account or a description of conditions today. Dates without an entry are gaps in this account, not evidence that nothing happened.

Correction note — September 27, 2026: The previous version presented precise military incidents, attributed quotations, daily market prices and a complete chronology without adequate linked evidence. This replacement withdraws those unsupported details. It also corrects the emergency oil-stock announcement: the IEA records an agreement on March 11 for 400 million barrels, not the previous version's March 8 account of 60 million barrels. The retained URL preserves access to this correction; its older “complete-day-by-day” wording no longer describes the article's scope.

February 28: US and Israeli strikes; regional escalation

In his Security Council briefing that day, the UN Secretary-General condemned US and Israeli strikes against Iran and subsequent Iranian attacks affecting countries across the region. He emphasized that reports were still unconfirmed and warned of wider conflict. This entry records his contemporaneous briefing; it does not turn every preliminary casualty or leadership report mentioned in it into a verified fact. UN Secretary-General, February 28 briefing.

March 11: IEA governments agree emergency oil action

The IEA's 32 member countries agreed to make 400 million barrels from emergency reserves available. Its announcement also reported oil-export flows through Hormuz at less than one-tenth of pre-conflict levels. This was an agency assessment at that date, not a measurement of traffic throughout the war. The release decision did not mean the entire volume entered the market that day. IEA announcement, March 11.

March 12: IEA documents the wider supply disruption

The March Oil Market Report described tanker movements near a halt and estimated nearly 20 million barrels per day of crude and product exports were disrupted. It described production cutbacks as storage filled and warned that shipping disruption, infrastructure damage and duration would determine the consequences. These are the IEA's contemporaneous estimates, not final realized losses. IEA March Oil Market Report, published March 12.

March 15: Implementation schedules distinguish promises from deliveries

The IEA's implementation update said Asia Oceania members would make stocks available immediately, with the Americas and Europe beginning at the end of March. This was a schedule reported on March 15, not confirmation of subsequent delivery. The update again identified restoration of regular Hormuz transit as central to stabilizing flows. IEA implementation update, March 15.

What this sequence explains

Our interpretation is that three separate timelines matter: military operations, commercial transport and policy implementation. They should not be collapsed into a single narrative of escalation followed by recovery. A decision to release reserves establishes a policy response. It does not, by itself, establish safe passage for a tanker or a ceasefire.

For readers following the economic consequences, distinguish a stock from a flow. A reserve commitment is a quantity of oil; a supply interruption is usually measured per day. Dividing one by the other can illustrate scale, but it does not reveal how quickly usable oil reaches each refinery. Delivery dates, product types and transport constraints still matter. This distinction is why the March 15 implementation update is a separate event in this chronology.

What remains outside this account

This page does not establish a comprehensive casualty total, a verified list of individual ship attacks, exact strike times, or a subsequent ceasefire status. It does not retain the old daily oil/equity/gold table: those observations need identifiable price series, instruments and timestamps before republication. We have not reconstructed events after March 15 here.

To extend the chronology, each entry needs an event date, a source publication date, a direct document link and a clear distinction between an official claim and independently established facts. A source that reports a planned action is not evidence that it occurred.

Questions about escalation are addressed separately in our WW3 probability explainer. For a dated correction to this chronology, send the event and supporting primary document to hello@theboard.world.

Share This Analysis

Get a shareable verdict card for this article.

Share as card
Stay Informed

Get the next one first

Free briefings when we publish major outlooks and forecasts. No spam — unsubscribe anytime.