Iran, Israel and Oil
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Iran strikes on Israel kill 5
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Israel has launched a series of strikes against Iran, targeting the country’s nuclear program and other military infrastructure. Iran has launched its own strikes in retaliation.
An exchange of strikes on refineries and gas facilities was limited but raised the risks to an industry with broad economic impacts.
11hon MSN
Israel and Iran have traded more missile attacks despite international calls for a halt to the fighting, with neither country showing signs of backing down as the conflict between the regional foes raged for a third day.
Iran was forced to shut part of its operations at the South Pars gas field after a suspected Israeli drone strike ignited a fire at one of its critical processing units on Saturday. The incident caused the suspension of 12 million cubic metres of gas production.
In a short post on X, Katz wrote, "Tehran is burning," a statement that follows Israeli strikes on two oil depots in Iran.
As a longtime enemy attacks an oppressive government, Iranians are cycling through conflicting emotions: hope and hopelessness, celebration and trepidation.