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, QatarPower’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) amenities had…

Read More
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 important escalation within the war within the Middle East, with doubtlessly 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, somewhat than websites related extra…

Read More