Overview
- QatarEnergy confirmed a missile hit on the Ras Laffan LNG complex as reports detailed Israel’s strike on Iran’s South Pars field, signaling a direct turn to energy infrastructure.
- India’s official crude basket surged to $146.09 per barrel, raising inflation and current‑account risks as analysts flagged a severe supply‑driven shock.
- Pakistan canceled its March 23 Republic Day parade, citing the Gulf oil crisis and government austerity measures in response to disrupted fuel flows.
- Saudi Foreign Minister Prince Faisal bin Farhan warned Tehran that patience is running out and outlined potential political, economic or other responses if attacks continue.
- U.S. media reported the USS Boxer Amphibious Ready Group and the 11th Marine Expeditionary Unit deploying toward the region, while a drone sighting over Fort McNair prompted heightened security and a Pentagon no‑comment on officials’ movements.