Gas, oil prices soar as Trump threatens to blow up South Pars gas field and Iran intensifies Gulf retaliation

Gas, oil prices soar as Trump threatens to blow up South Pars gas field and Iran intensifies Gulf retaliation

Iranian assaults have knocked out 17% of Qatar’s liquefied pure gas (LNG) export capability, inflicting an estimated $20 billion in misplaced annual income and threatening provides to Europe and Asia, QatarVitality’s CEO informed Reuters on Thursday. Saad al-Kaabi mentioned two of Qatar’s 14 LNG trains and certainly one of its two gas-to-liquids (GTL) services had…

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Middle East war: why attacks on gasfields like South Pars are a major escalation | US-Israel war on Iran

Middle East war: why attacks on gasfields like South Pars are a major escalation | US-Israel war on Iran

Strikes by each side on so-called upstream gasoline manufacturing services in latest days are a vital escalation within the war within the Middle East, with probably long-term penalties. The strikes have been the primary time services related to the manufacturing of fossil gasoline vitality had been hit within the battle, slightly than websites related extra…

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Iran threatens to strike Gulf energy facilities after South Pars attack | US-Israel war on Iran News

Iran threatens to strike Gulf energy facilities after South Pars attack | US-Israel war on Iran News

Qatar overseas ministry spokesman slams Israeli attack on Iran’s offshore gasfield as ‘dangerous, irresponsible step’. Iran has threatened to attack oil and fuel facilities within the Gulf area in retaliation for an Israeli strike on its South Pars gasfield because the fallout from the United States-Israeli war on the nation continues to escalate. In a…

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