"Iran's attack on Qatar has set back the country's ability to resume gas production after the war ends. Countries like China and India rely on this gas, and this is already disrupting fertilizer and plastic production. The pain that Iran's counterattacks are inflicting on countries around the world could increase pressure to end the conflict."
"The Guard said that if an attack like this happens again, it would strike regional energy infrastructure until 'it's completely destroyed.' Arab Gulf states warn that Israel's actions jeopardize global energy security and escalate tensions."
"Cheap drones are revolutionizing modern warfare. The shift has been unfolding for several years, but it's now taking center stage in the skies over the Middle East as Trump's war with Iran enters its third week. Eliminating these threats can be financially burdensome, allowing Iran to escalate the conflict's costs."
Iran conducted a wave of attacks targeting the world's largest liquefied natural gas complex in Qatar, a gas field in the UAE, and facilities in Saudi Arabia, following Israel's bombing of Iran's South Pars gas field. These coordinated strikes caused oil prices to spike to approximately $110 per barrel, a $40 increase from pre-conflict levels. Iran's Revolutionary Guard declared a new war stage and threatened to destroy regional energy infrastructure if similar attacks occur. The attacks have disrupted global energy supplies, affecting countries like China and India that depend on Qatari gas, impacting fertilizer and plastic production. Meanwhile, cheap drone technology is revolutionizing modern warfare in the Middle East conflict, catching U.S. forces off guard with escalating costs.
Read at www.npr.org
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