Overview
- Iran’s Revolutionary Guard said it will keep targeting energy infrastructure tied to the United States and its partners after hitting Qatar’s Ras Laffan, with reports also citing attacks on facilities in Saudi Arabia and the United Arab Emirates.
- Saudi Foreign Minister Faisal bin Farhan said two refineries in Riyadh were struck and warned the kingdom reserves the right to take military action against Iran if needed.
- President Donald Trump said the United States did not know about the initial strike on Iran’s South Pars complex and threatened to destroy the field if Tehran continues reprisals.
- EU foreign policy chief Kaja Kallas said she is engaging Tehran to find off-ramps and warned that strikes on energy sites only deepen the chaos.
- Oil and gas prices jumped sharply, with Brent crude trading above $110 and European gas rising, as market volatility intensified; separately, the IMF said Argentina has so far weathered the shock relatively well while technical talks on its program continue.