Overview
- Iranian missiles struck Qatar’s Ras Laffan LNG complex in retaliation for the reported Israeli hit on Iran’s South Pars field, with Qatari authorities later declaring the fires fully controlled.
- Fresh drone and projectile attacks set off fires at Kuwait’s Mina Abdullah and Mina Al Ahmadi refineries and hit a Saudi facility, prompting defensive responses and operational disruptions.
- A vessel was struck near Ras Laffan, and the UK maritime authority advised ships to navigate with caution and report suspicious activity as investigations continue.
- Brent crude spiked well above pre-attack levels, trading around $113–$119, and European gas prices climbed, reflecting heightened supply and transit risks across the Gulf.
- EU foreign policy chief Kaja Kallas said she is in talks with Iran to curb escalation, President Donald Trump distanced the U.S. from the South Pars strike but issued a severe warning against further reprisals, and the IMF said Argentina has so far coped relatively well as a net energy exporter while its second program review remains under discussion with about US$3.5 billion in reserves bought year to date.