Episode Details

Tensions escalate in the Middle East as Iran retaliates against Israel and the US with strikes on energy facilities across the Gulf, including Saudi Arabia, Qatar, and Kuwait. Brent crude prices surge to $114 a barrel amid fears of a global energy crunch. Ships catch fire and take damage near Qatar, highlighting risks in the Strait of Hormuz. Saudi Arabia attempts to reroute oil but Iran still strikes their Yanbu refinery. Gulf nations condemn the attacks, and President Trump warns of massive US strikes on Iranian fields. Qatar manages to extinguish fires at its key Ras Laffan facility, but production halts and damage could linger. Kuwaits Mina Al-Ahmadi refinery sees a blaze with no injuries reported. The war, started February twenty-eighth, has already spiked oil prices over fifty-seven percent and claimed lives. Markets brace for what comes next in this widening conflict.

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