US EditionThe Latest: Iran Retaliates Against Gulf Energy Sites as Stocks Sink Worldwide
Iran targeted key Gulf Arab energy sites, including Saudi and Kuwaiti refineries and Qatar's LNG facilities, escalating regional conflict and pushing oil prices above $114 a barrel.
- Overnight into Thursday, the Islamic Republic of Iran launched missile and drone strikes across the northern Arabian/Persian Gulf and Red Sea in retaliation for an Israeli attack on South Pars, targeting energy infrastructure.
- Israel struck South Pars gas field on Wednesday, an attack that prompted Iran's condemnation and warnings of 'uncontrollable consequences' from President Masoud Pezeshkian.
- Kuwait's Mina Al‑Ahmadi refinery caught fire from a drone, and vessels off the UAE and Qatar coasts were hit or set ablaze, with Saudi officials saying SAMREF refinery was struck and a fire at Ras Laffan LNG complex caused fires and halted production.
- Shipping routes came under renewed pressure after Brent crude at $118 per barrel and European natural gas benchmark rose 17%, amid attacks near the Strait of Hormuz.
- International leaders reacted, saying damage to Ras Laffan raises longer-term Qatar's LNG supply risks and called the strikes a dangerous escalation.
148 Articles
148 Articles
Netanyahu hints a ground phase may be needed as Iran war hits Gulf energy infrastructure
Israeli Prime Minister Benjamin Netanyahu suggested on Thursday that an air campaign alone would not be enough to bring down Iran’s regime, as the conflict entered a new phase marked by strikes on Gulf energy facilities and renewed warnings over the Strait of Hormuz.
Iran Can Escalate The Energy War In The Gulf– To Water
Iran Can Escalate The Energy War In The Gulf– To Water acabral-sanche… Thu, 03/19/2026 - 17:22 SVG Reports Mar 19, 2026 Hudson Institute Iran Can Escalate The Energy War In The Gulf– To Water Can Kasapoğlu Senior Fellow (Nonresident) Can Kasapoğlu Reports Caption The Al Khobar Water Tower located in Al Khobar Corniche, Saudi Arabia. (Getty Images) Toggle Table of Contents Contents Contents Share to Twitter Twitter Share to Facebook Fa…
Iran war: Last 24 hours show a prolonged conflict could do calamitous damage to global economy
In just one day and night Iran has hit energy targets in Saudi Arabia, Qatar, Kuwait and Israel. As Donald Trump is reported to be considering sending in troops to secure the Strait of Hormuz, Iran's government tells Sky News the world cannot expect it to exercise restraint.
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