US EditionHegseth, Caine slated to give Day 20 briefing; Iran targets Gulf energy sites
Brent crude briefly topped $118 per barrel and European gas prices surged over 30% after attacks disrupted supplies from major Middle East energy sites.
- On Thursday, Iran launched missile strikes on energy facilities across the Persian Gulf, including Qatar's Ras Laffan, in retaliation for the Israeli attack on South Pars gas field.
- On Wednesday night, Israel struck the South Pars gas field, an attack that surprised many and three Israeli officials said it was coordinated with the United States.
- Markets reacted: Brent crude spiked to $118.80 and WTI futures rose to $95.80, widening the Brent–WTI spread to $5 while Dutch TTF futures jumped to �71.70 and U.S. pump price rose 1% to $3.88.
- Qatar reported 'extensive damage' at Ras Laffan, which supplies roughly 20% of global LNG, while attacks disrupted tanker traffic through the Strait of Hormuz and hit the Haifa oil refinery .
- The US has requested $200 billion more for the Iran war, approved $16 billion in arms sales, and Defense Secretary Pete Hegseth said there is 'no time set' on ending the conflict, causing market declines.
17 Articles
17 Articles
The conflict enters its 20th day and the fighting shows no signs of abating. Attacks are now targeting energy resources in Qatar, provoking the ire and threats of Donald Trump. The French foreign minister is traveling to Lebanon this Thursday. Follow our live coverage.
WASHINGTON.- In the midst of a military escalation that has already been going on for almost three weeks, the Donald Trump government avoided giving any clarifications about the end of the conflict with Iran, while the Pentagon insisted that the offensive progresses as planned and deepened its attacks on Iranian territory. “We are winning decisively and on our terms,” said Pete Hegseth, Secretary of Defense, during a press conference, who said t…
Hegseth, Caine slated to give Day 20 briefing; Iran targets Gulf energy sites
Defense Secretary Pete Hegseth and Gen. Dan Caine, chair of the Joint Chiefs of Staff, will brief media first thing Thursday on the latest Operation Epic Fury news as it enters Day 20. The update comes after Iran struck an oil facility in Saudi Arabia and a liquefied natural gas facility in Qatar. While both…
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