-
Kenya's economy faces climate change risks: World Bank
-
California lifeguards wiped out from extreme weather
-
US plans steep water cuts for southwest amid Colorado River crisis
-
Amazon surges as US stocks shrug off bond yield worries
-
Oil giants report blowout profits on war, warn high gas prices could persist
-
Hungary to shut nuclear plant as heatwave hits central Europe
-
Google launches new satellite image AI tool, alarming researchers
-
Tech-fuelled rally fizzles as oil prices rise
-
US Fed dissenters call for rate hikes over sustained inflation
-
Alarm over climate-linked low level of German waterways
-
New York sues online prediction markets giant Kalshi
-
Commerzbank agrees to talks with UniCredit after two-year standoff
-
Profits surge at US oil giant amid Iran war supply shock
-
Fornaro Legal Releases Guidance to Help Businesses Maintain Clear Ownership Records During Growth
-
Stock markets rally on tech rebound
-
Japan probe made closest-ever asteroid flyby: space agency
-
France, Spain assess scorched terrain as new wildfires threaten other regions
-
British oil giant BP aims to sell North Sea business
-
Chipmaker Kioxia reports AI-driven 45-fold surge in quarterly net profit
-
China factory activity slides as leaders seek spending boost
-
Far right and far left battle for power in polarised Berlin
-
Tech rebound fuels record-breaking rally in South Korean stocks
-
The last trio: S.Africa's zoo elephants await their fate
-
Cables and cooling bring AI windfall to Indian suppliers
-
Oil industry sees war windfall but girds for political blowback
-
Anthropic's models gained unauthorized 'real-world' access during testing
-
Amazon beats expectations with cloud and AI growth
-
Apple tops estimates in CEO Cook's final quarter, but shares fall
-
Blowout Microsoft results lift US stocks as oil retreats
-
Milei demands expulsion of foreigners expressing 'hate' against Argentina
-
'Beginning of the end': Relief but no party as French wildfire winds down
-
Italy's Po River valley on drought alert
-
Southern Europe 'becoming more flammable' in hotter climate, experts say
-
Prada profits pinched as growth hard to chase
-
Mammoth bones found on parched bed of Danube in Bulgaria
-
Stocks climb on earnings and rates, oil retreats
-
MEXC Lists Grvt (GRVT) with $60,000 Worth of GRVT and 10,000 USDT in Airdrop+ Rewards
-
US economic growth slows in second quarter, missing expectations
-
George and Amal Clooney flee French home due to wildfire
-
Russia adds Telegram founder Durov to 'terrorist' blacklist
-
MEXC Ventures Supports Alpha Arena's APAC Debut at Coinfest Bali
-
Stocks diverge on earnings, as oil steadies
-
AI data centre supplier Zhongji InnoLight slips on Hong Kong debut
-
Eurozone economy grows despite Middle East war
-
May, June heatwaves caused 2,877 extra deaths in England: govt
-
Singapore group will develop 'most promising' Ebola vaccine
-
BMW profit down a third as carmaker plans job cuts
-
Shell profit surges as Mideast war fuels oil prices
-
Seoul extends losses as most Asian markets drop, oil rises again
-
Car maker Stellantis says back in profit in second quarter
Key Middle East energy sites under fire
Qatar's main gas facility has suffered extensive damage after several rounds of Iranian strikes, causing new energy supply fears as the Middle East war grinds on.
Here is a look at some of the key energy facilities that have been targeted in the US-Israel war with Iran.
- Ras Laffan -
Ras Laffan in Qatar is the world's largest liquefied natural gas (LNG) hub.
It has been repeatedly targeted by Iranian strikes since the war began, and has now suffered "extensive damage" after back-to-back waves of hits, state-run QatarEnergy said.
Early Thursday, QatarEnergy reported "sizeable fires" and significant damage at several LNG facilities at the hub.
That came after an earlier attack on the Ras Laffan Industrial City on Wednesday had already caused extensive damage to a gas-to-liquids facility.
Qatar shares the world's largest natural gas reservoir with Iran.
QatarEnergy estimates the Gulf state's portion of the reservoir, the North Field, holds about 10 percent of the world's known natural gas reserves.
In recent years, Qatar has inked a series of long-term LNG deals with France's Total, Britain's Shell, India's Petronet, China's Sinopec and Italy's Eni, among others.
Earlier in March, Iranian attacks forced QatarEnergy to halt LNG production and declare force majeure.
- South Pars -
Iran's strikes on Ras Laffan come after its South Pars/North Dome field was hit on Wednesday.
The South Pars mega-field is the largest known gas reserve in the world, and supplies around 70 percent of Iran's domestic natural gas.
The strikes on the field, which it shares with Qatar, caused a fire, Iranian state television said.
The strike was condemned by some of Iran's Gulf neighbours, including Qatar and the United Arab Emirates, who have seen energy facilities in their countries come under repeated Iranian attack.
US President Donald Trump said Thursday that Israel had carried out the attack and Washington "knew nothing" about it.
But he warned that if Iran continued attacks against Qatar, US forces would "massively blow up the entirety" of the South Pars field.
- Kharg -
Kharg island, around 30 kilometres off Iran's mainland, is a hub for roughly 90 percent of the country's crude oil exports.
It was hit in US strikes on Saturday, but Iranian officials said afterwards that exports were continuing normally and there had been no casualties.
Trump had threatened to target the island's oil infrastructure if Iran continues to block the Strait of Hormuz, a crucial passage for energy and other exports from the region.
Iran has pledged to block export of all oil through the strait, and has targeted vessels attempting to transit the narrow chokepoint, wreaking havoc on exports reliant on the passage.
- Ruwais refinery -
The Ruwais oil refinery, in the emirate of Abu Dhabi, is the world's fourth largest single-site refinery, according to state-owned operator Adnoc.
Operations there were halted earlier this month as a "precaution" after a drone attack on the industrial complex housing the facility, a source told AFP.
The source did not say whether the refinery had been hit. Adnoc did not make an official announcement.
- Ras Tanura -
The Ras Tanura facility along Saudi Arabia's eastern Gulf coast is home to one of the largest refineries in the entire Middle East and a cornerstone of the kingdom's energy sector.
The complex has a capacity of 550,000 barrels per day.
It has been repeatedly targeted in Iranian strikes, including a drone attack early in the conflict that caused a fire and forced a partial shutdown of the refinery.
Bloomberg reported Wednesday, citing an unnamed source, that operations had now resumed at the facility.
Gulf countries' output of oil and oil products has plunged from 30 million barrels per day last year, excluding Oman, to 20 million currently, according to the International Energy Agency.
The president of Aramco, which operates the refinery, has warned the war could have "catastrophic consequences" on oil markets.
On Thursday, oil surged more than five percent, with Brent spiking to a peak of over $112 a barrel.
A.Zimmermann--CPN