Iran’s IRGC pounds Gulf energy hubs after Israel’s South Pars attack, torching Qatar’s LNG lifeline, affecting crypto markets, and dragging the global economy toward recession.
Summary
- Iran’s IRGC hits Qatar’s Ras Laffan LNG hub and refineries in Kuwait, Saudi Arabia, and the UAE, forcing major output shutdowns and stoking supply fears.
- Brent crude rips above $110 and European gas jumps over 25% as markets price in lasting damage to Gulf energy capacity and rising global recession risk.
- Trump pivots from threatening to “blow up” South Pars to urging de-escalation as energy infrastructure across the Persian Gulf becomes a primary war target.
The…
