The mediate East War is increasingly affecting the region's energy infrastructure, causing further price increases crude oil and gas . After the Israeli attack on the Iranian gas deposits of Pars, Iran He shot up Qatar and Saudi Arabia with rockets. This event caused further price increases in markets and raised concerns about global energy supply.
The State-owned energy company QatarEnergy reported "significant damage" caused by Iran's fire in the industrial town of Ras Laffan, the centre of the energy industry. Saudi Arabia claims to have intercepted 4 ballistic missiles launched towards Riyadh and thwarted a drone attack on a gas object in the east of the country.
Repair of LNG facilities in Qatar may take “three to 5 years”
According to QatarEnergy, repairing liquefied natural gas (LNG) installations damaged by Iran's attacks in Qatar will take 3 to 5 years. The damaged installations account for 17 percent of the company's export potential, said the president of Saad al-Kaabi agency Reuters. He added that “in his wildest dreams he could not imagine” that Qatar and the region would be attacked in this way – “especially by a fellow Muslim country in the period of Ramadan”.
Trump threatens to blow up an Iranian gas deposit
U.S. president Trump responded to Iranian attacks with further threats. If Iran makes a “unreasonable” decision to re-attack the Qatari gas complex Ras Laffan, the American army “will blow up all confederate Pars gas deposits with the force and power that Iran has never seen or experienced before,” said Trump on Wednesday on his fact Social website.
Iran attacked the Ras Laffan complex, which houses the world's largest liquefied natural gas (LNG) production facility, in retaliation for an earlier attack on South Pars. Tehran blamed Israel and the United States for the attack on South Pars, which, according to Iranian state television, besides touched facilities in the port town of Azaluyeh. Trump, however, insisted that the United States had nothing to do with the attack.
Attacks on oil and gas facilities throughout the Gulf region
After the attack on Pars Iran threatened with further attacks on oil and gas installations throughout the Gulf region. Tehran identified circumstantial targets in Saudi Arabia, the United arabian Emirates (ZEA) and Qatar, including refineries and petrochemical complexes, and demanded their immediate evacuation. Iran has already blocked the Ormuz Strait, which is strategical for global oil supply.
Increasing energy prices besides increase the political force on Trump. In the US, the price of diesel exceeded 5 dollars per gallon (about 3.8 liters) for the first time since the fast increase in inflation in 2022. Vice president of the USA J. D. Vance (41) announced that the administration would present measures to combat rising petrol prices over the next 1 to 2 days.
