Iran bombed oil facilities in Kuwait and threatens new attacks on Gulf countries if Israel and the US attack its own again.
Specifically, it stated that it will show “zero restraint” if its energy infrastructure is targeted again, at a time when Qatar revealed that almost one fifth of its liquefied natural gas export capacity had been put out of operation by an Iranian strike, which is likely to have effects that will last for years.
The day before yesterday, Israel had attacked the South Pars natural gas facilities and, although Donald Trump (and Benjamin Netanyahu) said it acted alone, Israeli officials told Reuters that the US coordinated the attack.
Spain, due to the war, will reduce VAT on fuel from 21% to 10% and will abolish a 5% tax on electricity consumption.
The attack on South Pars, which Iran shares with Qatar, was followed by Iranian retaliation with strikes on the Ras Laffan natural gas complex in Qatar, but also in other Gulf countries. This led to a drop in stock markets worldwide and to a sharp increase in natural gas prices.
Meanwhile, as we move into the third week of the US–Israel war in Iran, the war has already cost the US $18+ billion.
Characteristically, just one week after American and Israeli forces began their attack against Iran and its repressive leadership, Pentagon officials had informed members of parliament in a closed-door briefing that the cost of the war had already exceeded $11.3 billion within the first six days.
Sources: Guardian [1], [2], [3], Reuters
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