During the Israel-US-Iran war (which has been going on for the past 20 days), Iran’s political, military and defense system were destroyed, but Iran refused to back down.
SNPNEWS.IN News (Gurmail): After the death of Iran’s Supreme Leader Ayatollah Ali Khamenei and his family members, military officers, leaders, thousands of innocent people (including 150-170 school girls) during the Israel-us-Iran war between February 28 and March 20, the world seems to be moving towards an energy crisis due to the heavy damage caused by Israel’s targeting of Iran’s South Pars Gas Field.
On the night of March 17-18, Israel attacked the South Pars gas field (the world’s largest natural gas field, jointly operated by Iran and Qatar). About 20% of Iran’s gas processing capacity could be affected by this attack, as Iran’s domestic gas supply and electricity generation depend on gas for 90%. This attack is being considered the biggest escalation in this war.
After the attack, Iran’s IRGC threatened to target the energy resources of the Gulf countries and Israel, warning of damaging the economies of Israel and the Gulf countries by attacking energy resources.
Read it Tehran (Iran) targets Qatar UAE in response to (SPGF) attack.
On March 18-19, Iran targeted gas and oil units of Israel, Qatar, UAE, Saudi on a large scale, which is likely to deepen the energy crisis worldwide.
Ras Laffan Industrial City Qatar The world’s largest LNG export plant, about 20-25% of the world’s LNG supply depends on this plant. Iran launched ballistic missiles at RLIC on March 19, causing a large-scale fire, “extensive damage” and affecting Pearl GTL and several LNG units. Qatar Energy said the fire had been brought under control but repairs to the facility could take 3-5 months. The attack is estimated to have caused $20-26 billion in damage.
Iran fired missiles at the UAE’s Habshan gas facility and Bab oil field. Officials said most of the missiles were intercepted but debris caused damage and fires in the units. Officials said there were no major casualties after shutting down the facilities, but operations have been suspended for the time being.
The SAMREF refinery and Jubail petrochemical complex (Saudi Arabia) and Kuwait’s Mina Abdullah and another unit have been shut down after the attacks.
Haifa Oil Refinery (Israel’s largest and main refinery, supplying about half of the country’s domestic fuel). Iran also targeted Israeli power companies in Tel Aviv, Jerusalem and other infrastructure, causing power outages and explosions in northern Israel.
US President Trump said he had told Netanyahu not to carry out any more attacks on oil/gas facilities, otherwise there could be huge damage. In addition, Trump denied the attack on Israel’s South Pars gas field, saying he did not know Israel would try to target Iranian energy units. US President Trump threatened to completely destroy South Pars if Iran attacked Qatar again.
Israeli Prime Minister Netanyahu said that this attack was carried out by Israel alone (not with the US or Qatar), but according to some reports the US knew in advance and agreed. Israel said that they are stopping further attacks on Iranian oil/gas sites (at the behest of the US).
The impact of the Israel-US war can be seen in European and African countries in addition to Asian countries for a long time because oil and gas prices are touching the sky, due to which conditions like inflation, unemployment and hunger cannot be ruled out in many countries of the world.
After Israel attack on SPGF, Iran’s action to target the Gulf countries and Israeli energy units, crude oil prices reached 115-120$ per barrel and LNG prices in Europe became the highest in 3 years. 20% of the world’s oil and LNG passes through here. It is still almost closed (shipping has decreased), which has led to a shortage of 10-18 million barrels per day in supply. According to experts, if the war does not stop soon, oil prices can even go beyond 150$ per barrel. Qatar’s LNG production capacity has been reduced by 17% after the Iranian attack.