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Gulf crisis: Qatar downs Iran jets as Tehran targets oil and gas

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According to the report, Qatar downed two Iranian bombers and halted LNG production on Monday, as Tehran widened its attacks to hit oil facilities in Saudi Arabia and the UAE in a sharply escalating Gulf crisis that has sent prices soaring.

The report stated that Qatar’s air force shot down two Sukhoi Su-24 bombers, the defense ministry said, the first time a Gulf country has hit Iranian planes, after Tehran began region-wide attacks in retaliation for US and Israeli strikes that have devastated its leadership.

The report said that Iran’s retaliatory attacks have hit ports, airports, residential buildings and hotels along with military sites across the wealthy region of oil giants and staunch US allies. Six people have been killed and dozens injured since the attacks began.

Additionally, as the attacks widened to energy facilities, Qatar Energy, one of the world’s biggest liquefied natural gas (LNG) exporters, suspended production due to drone strikes on two of its sites. European natural gas prices leapt more than 50 percent, while oil surged nearly nine percent on fears of disruption to supplies.

Source: MSN
 
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