After Iran Escalates Attacks on Gulf Energy Sites, Israel Says It Will Stop Striking Its Gas Field
Iran launched missile and drone strikes on Gulf energy sites in retaliation for an Israeli attack, causing Brent crude oil prices to surge over 60%, officials said.
- On Thursday, Iran intensified attacks on energy infrastructure across the Gulf, targeting oil refineries in Kuwait and gas operations in Abu Dhabi, further stressing global supplies dependent on the Strait of Hormuz.
- The offensive serves as retaliation for an Israeli strike on South Pars, a critical gas field in the Persian Gulf, with President Masoud Pezeshkian warning of "uncontrollable consequences" threatening electricity supplies.
- Brent crude oil prices surged above $119 a barrel, up more than 60% since the war began, while Iranian missiles caused extensive damage at Qatar's Ras Laffan facility and Saudi Arabia's SAMREF refinery in Yanbu.
- Gen. Dan Caine, the chairman of the Joint Chiefs of Staff, said U.S. forces are striking Iranian boats and weapon-storage facilities, while Israeli Prime Minister Benjamin Netanyahu confirmed Israel will pause further attacks at President Donald Trump's request.
- Arab League Secretary-General Ahmed Aboul Gheit labeled the strikes a "dangerous escalation," as the broader conflict has displaced roughly 20% of the population in Lebanon and killed more than 1,000 people.
23 Articles
23 Articles
How long will the Gulf States stay out of the Iran war?
After Iran escalates attacks on Gulf energy sites, Israel says it will stop striking its gas field
Iran has intensified its attacks on oil and gas facilities around the Gulf, dramatically raising the stakes in a war that is sending shock waves through the global economy. Thursday’s strikes came in retaliation for an Israeli attack on a…
Iran's mounting attacks on Gulf oil and gas sites send energy prices higher
Iran has intensified its attacks on oil and gas facilities around the Gulf, dramatically raising the stakes in a war that is sending shock waves through the global economy. Thursday’s strikes came in retaliation for an Israeli attack on a…
So far, tank storage has been burning, now a production plant is burning.
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