Viral • 2h ago
US/Israel-Iran War (Day 20): War threatens global gas supply
**Global Conflict Escalates: Over 1,500 Dead as War Threatens Global Gas Supply**
The United States and Israel's war against Iran has entered its twentieth day, with the death toll surpassing 1,500 people, with over 1,400 of them killed in Iran. The conflict is intensifying, with strikes and reprisals escalating, particularly in Iran.
**Global Gas Supply Under Threat**
The war's economic impact is worsening, with attacks on major gas facilities in four Middle Eastern countries on Wednesday. Israel struck South Pars, Iran's largest gas field, which is crucial to the country's economy. In retaliation, Iran targeted Ras Laffan, Qatar's major LNG industry, causing "extensive damage." The country also targeted major gas infrastructure in Saudi Arabia and the UAE. As a result, oil and gas prices surged, with oil prices rising above $110 a barrel after Iran reported the airstrike on its facility located on the world's largest natural gas field.
According to the BBC, the Brent crude oil benchmark rose to $112 a barrel early Thursday in Asian trading. The attack on Qatar's facilities led to a 6 percent surge in gas and oil prices in Europe and a 20 percent increase in the UK. The price hike is also expected to affect Nigeria.
**Tension Between Iran and Neighbours Escalates**
The conflict is causing growing tension between Iran and its neighbours. On Wednesday evening, Qatar declared military and security attaches at the Iranian embassy in Doha, alongside their staff, persona non grata. The country's foreign ministry demanded that the officials leave Qatar within 24 hours, citing Iran's repeated attacks on Qatar. Qatar also threatened to take "additional measures" should Iran continue to attack its territory, stating that these measures will be "in a manner that ensures the protection of its sovereignty, security, and national interests."
Saudi Arabia also threatened to carry out retaliatory attacks on Iran in response to Iranian attacks on its territory. The escalating tensions have raised concerns about the stability of the region and the potential impact on global energy supplies.
**US Disavows Knowledge of Israeli Strike**
In a post on Truth Social, President Donald Trump claimed that the US did not know about Israel's plans to strike the South Pars gasfield. Trump criticized the Israeli strikes and declared that Qatar also had no form of involvement in the attack. However, the exact circumstances surrounding the strike and the US's involvement remain unclear.