An Iranian military source tells Fars News that Iran will strike the enemy's infrastructure after it targeted the Asalouyeh gas field, Al Jazeera reports; Iran will hit enemy sites that were previously thought as safe
Newsquawk Staff ·
An Iranian military source tells Fars News that Iran will strike the enemy's infrastructure after it targeted the Asalouyeh gas field, Al Jazeera reports; Iran will hit enemy sites that were previously thought as safe.
What it means
This headline indicates a potential escalation in tensions between Iran and its adversaries, particularly in the context of energy infrastructure. Given the importance of the Asalouyeh gas field, such statements suggest increased risk for energy supplies, which could drive up oil and gas prices while prompting safe-haven demand in currencies like the USD and JPY.
Sources
- Iranian President Pezeshkian and Russian President Putin discussed energy cooperation and trade
- Russian refineries’ crude processing up 25% since drone attacks stopped in mid-October, according to reports, citing sources
- Iranian President Pezeshkian, at a meeting with Russian President Putin, says there is no point in hoping for the US to resolve problems in the Middle East
- Russian Foreign Minister Lavrov says the Ukraine conflict is likely to continue and will likely escalate. Leaders of Finland and Norway raised no new proposals.
- Russian Deputy PM Novak says domestic refineries are bringing units back online very quickly following maintenance. Russia and the US could begin cooperating on Arctic LNG projects
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