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SMOKE rises after an Iranian retaliatory salvo damaged an Israeli oil refinery in Haifa.—Reuters • Tehran strikes Qatari LNG plant, Saudi and Kuwaiti refineries • Trump warns of ‘furious response’ if attacks on Qatar continue • Rules out troop deployment, but officials say reinforcements under review • Hegseth sets no timeline for war; White House to seek $200bn more from Congress • Global energy markets shaken; Brent jumps to $119, gas prices up 35pc • Riyadh asserts it reserves right to retaliate after refinery drone strike • Netanyahu says Israel ‘acted alone’ in striking Iran gas field • Claims Tehran no longer able to enrich uranium or build missiles DOHA: As Washington rushed to arm its Gulf allies with a $16.46 billion military package, Iran issued its starkest warning yet, vowing “zero restraint” if its energy infrastructure is targeted again, pushing the Middle East closer to a regional war. The developments came after Iranian attacks on the world’s largest LNG plant in Qatar and refineries in Saudi ...
On the 20th day of the US-Israel war against Iran, the conflict stood on the threshold of an all-out regional war, with strikes on energy infrastructure now defining its deadly trajectory while diplomatic efforts struggled to keep pace. The past 24 hours indicated a clear shift from a primarily military contest to one increasingly centred on economic targets. Israeli strikes on Iranian energy assets, particularly gas processing facilities linked to the South Pars field, represented an expansion of the battlefield. Though Iranian oil depots had previously been attacked by Israel and Iran had in response struck an Israeli refinery in Haifa, the scale, symbolism and strategic intent behind Israel’s South Pars operation triggered an immediate and far broader Iranian retaliation, with ballistic missile and drone strikes that set Qatar’s Ras Laffan LNG hub ablaze, damaged Kuwait’s major refineries and hit Saudi and Bahraini energy sites. With this threshold now crossed, the conflict is now set to move into a sustai...
As Eidul Fitr approaches, marking the end of Ramazan, delivery riders on Karachi’s streets say they’re working longer hours, but earning less, with little left for the new clothes and treats that usually mark the festival. A few weeks ago, 23-year-old Mohammad Mohsin could make around Rs1,500 a day. Now, with the US-Israeli war on Iran choking oil supplies, petrol prices have surged above Rs320 per litre and Mohsin’s earnings have shrunk to around Rs1,100. This July 8, 2020 picture shows Foodpanda riders getting ready for deliveries outside a restaurant during Covid-19 pandemic in Kuala Lumpur. —Reuters/File “Before it was all mine,” he said. “Now, a huge sum goes into petrol.” The rising cost of fuel is hitting some of Pakistan’s lowest-paid urban workers hardest, and many riders are making barely enough to cover the essentials, let alone the Eid celebrations. Reuters spoke to more than half a dozen riders in Karachi, all of whom said the fuel price surge had squeezed earnings ahead of Eid, a time when they ...12427 items