header logo
Asia asset finance
Mogo Academy
Latest
Iran’s huge Gulf gas field is struck in major escalation
Mar 18, 202608:26 PM
Iran’s huge Gulf gas field is struck in major escalation

Iran’s huge Pars gas field was hit on Wednesday in the first reported strikes on Iranian energy infrastructure in the Gulf during the U.S.-Israeli war, a major escalation that prompted Tehran to warn its neighbours to evacuate their energy installations.

 

Pars is the Iranian sector of the world’s largest natural gas deposit, which Iran shares with Qatar across the Gulf. Iran’s Fars news agency reported that gas tanks and parts of a refinery had been hit, workers had been evacuated to a safe location and emergency crews were trying to put out a fire.

 

The attack was widely reported in Israeli media to have been carried out by Israel with the consent of the United States. The Israeli military did not immediately respond to requests for comment.

 

Qatar, a close U.S. ally which hosts the largest U.S. airbase in the region, called it an Israeli attack without mentioning any U.S. role. The Qatari foreign ministry spokesperson called it a “dangerous and irresponsible” escalation that put global energy security at risk.

 

Iran’s Revolutionary Guards swiftly told Saudi Arabia, the UAE and Qatar to evacuate several energy facilities.

 

The U.S. and Israel had previously held back from targeting Iran’s energy production facilities in the Gulf, a move ⁠that could invite retaliation against other producers and make it harder for global markets to recover from what has already been the biggest ever interruption to energy supplies.

 

But nearly three weeks into the war, there has been no sign of de-escalation.

 

‘EVERYONE IS IN THE CROSSHAIRS’

 

Israel said on Wednesday it had killed Iran’s intelligence minister in the second strike on a top leadership figure in two days, and had authorised the military to target any senior Iranian official it can locate.

 

Israel also hit central Beirut, destroying apartment buildings in some of the most intense airstrikes on the Lebanese capital for decades, on Israel’s other front in the war it launched with the U.S. against Iran.

 

“No one in Iran has immunity and everyone is in the crosshairs,” said Defence Minister Israel Katz, who announced that Israel had killed Iran’s Intelligence Minister Esmail Khatib a day after killing security chief Ali Larijani.

 

“The Prime Minister, Benjamin Netanyahu, and I have authorised the Israel Defense Forces to target any senior Iranian official for whom an intelligence and operational opportunity arises, without the need for additional approval.”

 

It appeared to be the first time Israel has publicly stated that it would let the military target enemy officials without seeking special permission from political leaders for missions. Katz did not say when the order had been given.

 

In Tehran, thousands of people appeared in the streets for a funeral for Larijani and other slain figures. The crowd waved Iranian flags and carried portraits of ⁠the dead as a eulogist sang: “Martyrs are leading the way, they’ve become more alive, burning with love.”

 

Iran retaliated for the killing of Larijani by firing missiles at Israel, which Israeli authorities said killed two people near Tel Aviv. Tehran said it fired overnight on Tel Aviv, Haifa and Beersheba in Israel, and at U.S. bases in Bahrain, Iraq, Jordan, Kuwait, Saudi Arabia and the UAE.

 

Iranian Foreign Minister Abbas Araqchi said the U.S. and Israel failed to understand that the Islamic Republic was a robust political system that did not depend on any single individual.

 

ENERGY PRICES SURGE

 

The unprecedented disruption to global energy supplies has raised the political stakes for U.S. President Donald Trump. Diesel prices in the United States rose above $5 a gallon for the first time since the 2022 inflation surge that eroded ⁠support for his predecessor Joe Biden.

 

Israel has stepped up strikes on Lebanon and a ground assault in the south in pursuit of the Iran-backed Hezbollah group, which has fired across the border in solidarity with Tehran.

 

In central Beirut’s Bachoura district, Israel warned residents early on Wednesday to leave a building it said was used by Hezbollah, which it then completely flattened. Eyewitness video, verified by Reuters, showed it crumbling into dust as it was struck at dawn.

 

Abu Khalil, who lives in the area, said he had helped people ⁠flee nearby homes after the Israeli warning. “It’s just an operation to hurt, to terrify people, to terrify children,” he told Reuters, insisting there were no military targets nearby.

 

No similar warnings were given for strikes that hit apartment buildings in two other central districts, killing at least 10 people, according to Lebanese authorities. Smoke poured from the balcony of one building as residents swept debris from the street.

 

Inside Israel, an Iranian missile tore a crater into the pavement and set cars ⁠ablaze in a residential area of Holon, just south of Tel Aviv.

 

“There was an alarm, we went into the shelter, we heard a crazy boom,” resident Leah Palteal told Reuters.

 

U.S.-based Iran human rights group HRANA said on Monday that an estimated 3,000-plus people had been killed in Iran since the U.S.-Israeli attacks began on February 28. Authorities in Lebanon say 900 people have been killed there and 800,000 forced to flee their homes.

 

Iranian attacks have killed people in Iraq and across the Gulf states. Fourteen have been killed in Israel.

 

Source: Reuters

 

--Agencies

 

 

 

 

 

MostRead
Mobitel Upahara
VideoStories
"No mention of Gotabaya’s name in Easter Attack Comm. reports" Court told during petition hearing

"No mention of Gotabaya’s name in Easter Attack Comm. reports" Court told during petition hearing

Chinese Embassy donates school supplies and dry rations following request by MP Dilith Jayaweera

Chinese Embassy donates school supplies and dry rations following request by MP Dilith Jayaweera

Chikungunya cases surface in addition to dengue outbreak; Public urged to destroy breeding sites

Chikungunya cases surface in addition to dengue outbreak; Public urged to destroy breeding sites

Chaos and uproar in Parliament after Speaker rejects request to debate issues within judicial sector

Chaos and uproar in Parliament after Speaker rejects request to debate issues within judicial sector

Govt. moves to amend laws to remove provisions on marking voters using indelible ink at elections

Govt. moves to amend laws to remove provisions on marking voters using indelible ink at elections

“This is injustice!”: Family appeals to Pope to intervene over continuous detention of Suresh Sallay

“This is injustice!”: Family appeals to Pope to intervene over continuous detention of Suresh Sallay

Dengue cases increasing at an alarming pace; IDH, Kalubowila and Galle hospitals reach capacity

Dengue cases increasing at an alarming pace; IDH, Kalubowila and Galle hospitals reach capacity

Sri Lanka's health system at risk due to surge in dengue cases; PHIs intensify crackdown

Sri Lanka's health system at risk due to surge in dengue cases; PHIs intensify crackdown

SJB-UNP coalition on the cards; Sajith calls for reduction in fuel prices, electricity tariffs

SJB-UNP coalition on the cards; Sajith calls for reduction in fuel prices, electricity tariffs

“Safeguard Suresh Sallay’s health and legal rights” Global Sri Lankan Forum writes to President

“Safeguard Suresh Sallay’s health and legal rights” Global Sri Lankan Forum writes to President

“Sri Lanka's core issue is weak financial literacy” -Derana Deputy Chairman Laksiri Wickramage

“Sri Lanka's core issue is weak financial literacy” -Derana Deputy Chairman Laksiri Wickramage

Sarath Weerasekara writes to ARFRO on Suresh Sallay's behalf

Sarath Weerasekara writes to ARFRO on Suresh Sallay's behalf

Government puts up theatrics to avoid farmers' concerns – MP Dilith Jayaweera

Government puts up theatrics to avoid farmers' concerns – MP Dilith Jayaweera

‘We have no intention of following previous regimes’ – PM Harini Amarasuriya

‘We have no intention of following previous regimes’ – PM Harini Amarasuriya

Suresh Sallay treated at National Hospital for 12 days; Maligakanda Magistrate visits for inspection

Suresh Sallay treated at National Hospital for 12 days; Maligakanda Magistrate visits for inspection

Lassana Flora