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Fresh tensions in the Middle East have pushed global energy markets into uncertainty, as United States President Donald Trump publicly declared that Israel would not carry out further strikes on Iran’s key gas infrastructure, while warning of severe consequences if hostilities continue. The statement followed a sharp escalation involving Iran, Israel, and Gulf energy…
President Donald Trump has threatened to “massively blow up” the South Pars gas field, the world’s largest natural gas reservoir, unless Tehran ceases its strikes on Qatari energy infrastructure. The ultimatum follows extensive damage to Qatar’s Ras Laffan LNG facility on Thursday, which sent global crude oil prices surging by 5%. While Mr Trump claimed…
