US EditionTehran Intensifies Attacks on Gulf Energy Facilities After Israel Hits Iranian Gas Field
Iran retaliated for targeted killings by striking Gulf energy sites and shipping lanes, causing Brent crude oil prices to surge over 50% since the conflict began, officials said.
- On Thursday, Iran intensified attacks on Gulf energy infrastructure, setting Qatari LNG facilities ablaze and forcing shutdowns at Habshan and Bab, while a ship burned off the United Arab Emirates coast and another was damaged off Qatar.
- A day earlier, Israel killed top Iranian security official Ali Larijani and General Gholam Reza Soleimani, prompting the Revolutionary Guard to target central Israel with multiple-warhead missiles on Wednesday.
- Traders pushed prices higher as disruptions spread through the Gulf, with Brent crude above $110 and oil surging 5% to over 108 dollars a barrel on Wednesday.
- Humanitarian impacts widened as more than 1,300 people have been killed in Iran, and 14 in Israel, with over one million Lebanese displaced, according to authorities.
- With damage likely long-lasting, supply disruptions may persist as damage to oil and gas production and processing facilities could take a long time to repair, more than 20 vessels have been attacked, and transit through the Strait of Hormuz remains limited.
47 Articles
47 Articles
After Israel attacked a major Iranian gas plant in the Gulf on Wednesday, the guards of the revolution, an ideological army of the Islamic Republic of Iran, threatened to intensify their attacks on the Gulf's energy installations.
Oil and natural gas prices jump following strikes on Middle East energy hubs
By Hanna Ziady, Olesya Dmitracova, CNN London (CNN) — Oil and natural gas prices spiked Thursday, as Iran ramped up strikes on energy infrastructure across the Middle East and attacked one of the world’s most important liquefied natural gas (LNG) facilities in Qatar. Brent crude, the global oil benchmark, extended the previous day’s gains, rising nearly 8% to $115 a barrel. On Wednesday, Brent settled at $107.38 a barrel, its highest closing lev…
Following the attack on its main gas field on Wednesday, Iran retaliated harshly with missile attacks on energy infrastructure in the Gulf States. The…
Associated Press News
Tehran intensifies attacks on Gulf energy facilities after Israel hits Iranian gas field
Iran is intensifying its attacks on its Gulf Arab neighbors’ energy infrastructure as it hits back following an Israeli attack on its main natural gas field.
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