Iran, Israel and Gas Field
Digest more
Trump threatened to “massively blow up the entirety of the South Pars Gas Field at an amount of strength never seen or witnessed before.”
Israel attacked Iran's South Pars gas field, prompting retaliatory missile attacks from Tehran on Qatar's Ras Laffan liquefied natural gas terminal. Trump pushed back against reports that the strikes were coordinated with and approved by his administration.
Oil prices are climbing again, with Brent crude futures topping $108 a barrel, ending a relatively calm start to the day after reports of new attacks on critical Iranian energy infrastructure. Futures
UAE and Qatar condemn targeting of South Pars gas field; Esmail Khatib confirmed killed
South Pars gas field fire: the worlds largest gas field on fire is disrupting global energy supply and markets. Holding nearly 10% of global natural gas reserves, this Iran-Qatar field faces major damage after strikes.
1don MSN
Iran targets UAE energy infrastructure as gas field set ablaze, tanker struck near Strait of Hormuz
Oil prices advanced on Tuesday as energy market participants monitored Middle East supply disruptions.
March 16 (Reuters) - Authorities in Abu Dhabi on Monday were dealing with a fire at the Shah oil and gas field caused by a drone attack and said that no injuries had been reported so far, the Abu Dhabi media office reported.