Latest
Breaking: Iran Drone Attack Sparks Fire At Kuwait Oil Refinery, Escalates Gulf Crisis
Firefighters battled a large blaze at a major oil installation in Kuwait on Friday following a reported drone attack, as Iran intensified strikes across the Gulf region, heightening fears over global energy stability.....KINDLY READ THE FULL STORY HERE▶
The fire erupted at the Mina Al-Ahmadi refinery, one of Kuwait’s biggest oil facilities, marking the latest escalation in a widening regional conflict that has increasingly targeted critical energy infrastructure.
The incident came just a day after an attack on Qatar’s Ras Laffan gas facility, a key global liquefied natural gas hub.
Earlier, Iran had vowed retaliation after an Israeli strike damaged its South Pars gas field, which is part of the world’s largest known natural gas reserve and a vital source of domestic energy supply.
Despite repeated calls from European leaders urging restraint and protection of energy assets, the conflict has continued to escalate across the region.
Iran’s Revolutionary Guards maintained a defiant stance, insisting that their military production capacity remains intact despite ongoing attacks.
“Our missile industry deserves a perfect score… and there is no concern in this regard, because even under wartime conditions we continue missile production,” spokesperson Ali Mohammad Naini was quoted as saying by AFP.
However, shortly after his remarks were published, reports emerged that Naini had been killed in US-Israeli strikes.
Israeli Prime Minister Benjamin Netanyahu, meanwhile, expressed confidence in the war’s direction, saying Israel and its allies were gaining the upper hand.
“We are winning and Iran is being decimated,” Netanyahu said, adding that the conflict could end sooner than expected, though he did not give a timeline.
He also suggested that regime change in Tehran could require a possible ground component, but declined to provide details.
The ongoing hostilities have continued to shake global energy markets, with analysts warning of severe long-term consequences.
The earlier strike on Qatar’s Ras Laffan facility was reported to have caused extensive damage, with estimated losses of about $20 billion annually and repairs potentially taking up to five years.
Energy expert Robert Pape warned that the crisis could escalate into a global economic shock, noting that prolonged disruptions would have far-reaching consequences for global markets.
Oil prices initially fell after Netanyahu’s comments suggesting a swift resolution to the war but later rebounded following reports of the Kuwait refinery fire. Brent crude hovered around $108 per barrel, while West Texas Intermediate traded near $94.
At the centre of global concern is Iran’s influence over the Strait of Hormuz, a crucial shipping route through which about one-fifth of the world’s oil and liquefied natural gas passes, raising fears of major supply disruptions.
French President Emmanuel Macron said France would engage members of the United Nations Security Council on securing maritime navigation in the strait once hostilities ease.
Meanwhile, Iranian state media reported multiple missile attacks on Israel overnight, with explosions heard over Jerusalem, though no casualties were immediately confirmed.
The United Arab Emirates also confirmed incoming missile activity, while Saudi Arabia said it intercepted more than a dozen drones early Friday.
The violence has continued even as Gulf nations marked Eid al-Fitr, with celebrations overshadowed by the ongoing conflict.
The war has also expanded into Lebanon, where Israeli strikes intensified in response to rocket fire from Hezbollah. Lebanon’s health ministry reported over 1,000 deaths in recent attacks across the south, east, Beirut, and surrounding areas.
Lebanese President Joseph Aoun renewed calls for a ceasefire during discussions with French Foreign Minister Jean-Noel Barrot, urging diplomatic efforts to end the violence.
Across the region, traditional festivities have been dampened by insecurity and economic hardship.
In Beirut, resident Aziza Ahmad said there was little reason to celebrate, citing displacement and financial struggles among families.
In Iran, citizens marked Nowruz alongside the end of Ramadan, with officials announcing Eid would begin on Saturday. Despite tensions, some residents expressed cautious hope that the new year would begin without further attacks.
