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Oil Rises to $110. Goldman Sachs Says We’ll Be in the Triple Digits for Years
Iran's attacks on Gulf energy facilities have disrupted global markets, with Qatar's LNG complex damage potentially costing $20 billion annually, officials said.
- On Thursday, Israeli Prime Minister Benjamin Netanyahu said Iran is being 'decimated', he is 'not sure who's running Iran right now', and Tehran lacks capacity to enrich uranium or manufacture ballistic missiles.
- A drone crashed into Saudi Arabia's Samref refinery, and Iranian missiles hit Qatar's Ras Laffan complex in retaliation for Israel's South Pars raid Thursday.
- Benchmark Brent surged six percent to $119 a barrel before falling back to $110, European gas prices rose nearly a third, and QatarEnergy said Ras Laffan LNG complex suffered extensive damage costing $20 billion annually and five years to repair.
- The European Union called for a 'moratorium' on strikes against energy and water facilities, while the Saudi government reserved the 'right to take military actions' and Khatam Al-Anbiya operational command vowed 'complete destruction' of Gulf energy infrastructure if attacks recur.
- Netanyahu hailed cooperation with US President Donald Trump and said he sees 'this war ending a lot faster than people think', while the United States said there was no deadline to end the war launched on February 28.
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62 Articles
62 Articles
Almost three weeks after the beginning of the war, Israeli Prime Minister Netanyahu sees Iran seriously weakened. Tehran reports the death of another leader.
·Bonn, Germany
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On Thursday, Israeli Prime Minister Benjamin Netanyahu claimed that Iran had been “decimated” by the war. On Friday night, rockets continued to be fired between the countries.
·Stockholm, Sweden
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Total News Sources62
Leaning Left7Leaning Right15Center25Last UpdatedBias Distribution53% Center
Bias Distribution
- 53% of the sources are Center
53% Center
15%
C 53%
R 32%
Factuality
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