Israel’s decision to
target the South Pars gasfield on Wednesday marked a major escalation of the war, heightening fears of significant disruption to international energy supplies.
Iran promptly retaliated with fresh attacks across the region, including on Qatari liquefied natural gas (LNG) facilities – infuriating the US president.
Donald Trump threatened to “massively blow up” the world’s largest gasfield after Israeli strikes on the Iranian site prompted Tehran to step up attacks on energy facilities across the Middle East.
Oil and European natural gas prices rose sharply, with Brent crude – the international benchmark for oil – up 6% at $114 a barrel. Gas prices jumped 23%. Leading Asian stock markets came under pressure, with the Nikkei 225 falling 3.4% in Japan.
The US “knew nothing” of the Israeli attack on South Pars, Trump claimed on social media on Wednesday night. US media reported earlier that the US was aware of the attack. The Wall Street Journal
reported, citing unnamed US officials, that the president approved of it, in a bid to pressure Tehran into unblocking the strait of Hormuz.
Maybe they both did, & didn’t, know about it?
US president says ‘extremely important and valuable’ site will be targeted if Iran continues to attack Qatar facilities
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Authorities in Abu Dhabi said it had been forced to shut down operations at its Habshan gas facility and Bab field because of Iranian attacks that it called a “dangerous escalation” of the war.
Ras Laffan in Qatar, the site of the world’s largest liquefied natural gas hub, has now suffered “extensive damage” after strikes by Iran, the state-run QatarEnergy giant said. Early on Thursday, QatarEnergy reported “sizeable fires” and significant damage at several LNG facilities at the hub. The Qatari interior ministry later said that all fires had been contained.
Speaking alongside Irish Prime Minister Micheál Martin at the White House, Trump said he has been informed by most Nato allies that they do not want to get involved in the war, a conflict many of them view as illegal.
Trump reserved his harshest criticism for the UK, citing its lack of participation and assistance in the US-Israeli strikes on Iran.
While Trump has said some countries are willing to help escort ships through the strait(?), he has yet to publicly identify them.
In heated remarks in the Oval Office on Tuesday, Trump insisted that "we don't need any help" from Nato.
"But they should've been there," he added.
The US president said the reluctance to send mine-sweeping vessels to the Gulf was "not a big deal", but was "unfair" to the US.
The US president expresses frustration that US allies are not helping secure the Strait of Hormuz.
www.bbc.com