Close Menu
    Facebook X (Twitter) Instagram
    TRENDING :
    • Let this goofy Trump chatbot tell you how your tax money is really spent
    • From footwear to AI chips: Allbirds’ next move is hard to explain
    • Where are new grads finding job opportunities?
    • Starbucks’s ChatGPT experiment could quietly reshape how people order coffee
    • Duolingo was evaluating its workers’ AI use. Workers pushed back.
    • Is organic music discovery dead? Geese ‘psyop’ debate leaves artists frustrated by growing barrier to entry
    • SantaCon president stole millions in charitable donations to fund luxury lifestyle, says FBI
    • Target’s new retro-inspired Pokémon collection was made for superfans, by superfans
    Populist Bulletin
    • Home
    • US Politics
    • World Politics
    • Economy
    • Business
    • Headline News
    Populist Bulletin
    Home»Business»Iran escalates attacks in Gulf striking one of the region’s major refineries in Kuwait
    Business 5 Mins Read

    Iran escalates attacks in Gulf striking one of the region’s major refineries in Kuwait

    Business 5 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email Copy Link
    Follow Us
    Google News Flipboard
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Iran defiantly insisted Friday that it would deny its enemies their security and that it was still building missiles nearly three weeks into U.S.-Israeli strikes that have killed a slew of Tehran’s top leaders and hammered its weapons and energy industries.
    Iran fired on Israel and energy sites in neighboring Gulf Arab states as many in the region marked one of the holiest days on the Muslim calendar.
    With little information coming out of Iran, it was not clear how much damage its arms, nuclear or energy facilities have sustained since the war began Feb. 28 or even who was truly in charge of the country. But Iran has showed it is still capable of attacks that are choking off oil supplies and scrambling the global economy, raising food and fuel prices far beyond the Middle East.
    The U.S. and Israel have given a wide range of objectives in the conflict, from hoping to foment an uprising that topples Iran’s leadership to eliminating its nuclear and missile programs. There have been no public signs of any such uprising and it’s not clear what capabilities Iran retains, and so it remains unclear how or when the war will end.

    Iran remains defiant despite weeks of attacks

    U.S. and Israeli leaders have said that weeks of strikes have decimated Iran’s military. Airstrikes have also killed its supreme leader, the secretary of Iran’s Supreme National Security Council and a raft of other top-ranking military and political leaders.
    On Thursday, Israeli Prime Minister Benjamin Netanyahu claimed Iran’s navy was sunk and its air force in tatters, while adding that its ability to produce ballistic missiles had been taken out. But the country’s paramilitary Revolutionary Guard insisted in comments released Friday that they were still in production.
    “We are producing missiles even during war conditions, which is amazing, and there is no particular problem in stockpiling,” spokesman Gen. Ali Mohammad Naeini was quoted as saying in Iran’s state-run IRAN newspaper.
    Naeini added that Iran had no intention of seeking a quick end to the war. “These people expect the war to continue until the enemy is completely exhausted,” he said.
    Underscoring the tremendous pressure Iran’s leadership is under, a short time after the statement was released, Iranian state television said Naeini was killed in an airstrike.
    The country’s new Supreme Leader Ayatollah Mojtaba Khamenei also released a rare statement, saying Iran’s enemies need to have their “security” taken away.
    Khamenei hasn’t been seen since he succeeded his father, the 86-year-old Ayatollah Ali Khamenei, who was killed in an Israeli airstrike on the first day of the war.

    A refinery comes under attack in Kuwait and explosions shake Dubai

    Iran has stepped up its attacks on energy sites in Gulf Arab states after Israel bombed Iran’s massive South Pars offshore natural gas field earlier in the week.
    Two waves of Iranian drones attacked a Kuwaiti oil refinery early Friday, sparking a fire. The Mina Al-Ahmadi refinery, which can process some 730,000 barrels of oil per day, is one of the largest in the Middle East. It was damaged Thursday in another Iranian attack.
    Bahrain’s Interior Ministry said a fire broke out after shrapnel from an intercepted projectile landed on a warehouse, and Saudi Arabia reported shooting down multiple drones targeting its oil-rich Eastern Province.
    Heavy explosions shook Dubai as air defenses intercepted incoming fire over the city, where people were observing Eid al-Fitr, the end of the holy Muslim fasting month of Ramadan.
    In Iran, meanwhile, many were marking Nowruz, the Persian new year — even as Israel said it had launched new strikes, and explosions were heard over Tehran.
    Loud explosions could also be heard in Jerusalem after the Israeli army warned of incoming Iranian missiles.
    In addition to steadily striking Iran, Israel has regularly hit Lebanon, targeting Iran-backed Hezbollah militants. On Friday, it broadened its attacks to Syria, saying it hit infrastructure there in response to what it described as attacks on the minority Druze population in southern Sweida province. Syria’s state-run SANA news agency did not immediately acknowledge the attack.
    More than 1,300 people have been killed in Iran during the war. Israeli strikes in Lebanon have displaced more than 1 million people, according to the Lebanese government, which says more than 1,000 people have been killed. Israel says it has killed more than 500 Hezbollah militants.
    In Israel, 15 people have been killed by Iranian missile fire. Four people were also killed in the occupied West Bank by an Iranian missile strike.
    At least 13 U.S. military members have been killed.

    The war is raising risks to the world economy

    Iran’s attacks on energy infrastructure in the Gulf combined with its stranglehold on shipping in the Strait of Hormuz, a strategic waterway through which a fifth of the world’s oil and other critical goods are transported, has raised concerns of a global energy crisis.
    Brent crude oil, the international standard, has soared during the fighting, and was around $107 in morning trading on Friday, up more than 47% since the start of the war.
    Surging fuel prices come at a moment when many world leaders were already struggling to bring down high prices on food and many consumer goods. Asia is getting hit the hardest as most of the oil and gas exiting the Strait of Hormuz is transported there.
    But the price shocks are reverberating throughout the world economy. Key raw materials — like helium used in making computer chips and sulfur, a raw material in fertilizer — have been obstructed and could be in short supply soon, raising the prices of goods all the way down the supply chain.


    Rising reported from Bangkok. Associated Press writers Giovanna Dell’Orto in Miami and Sam Mednick in Jerusalem contributed to this report.

    —Jon Gambrell and David Rising, Associated Press



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Let this goofy Trump chatbot tell you how your tax money is really spent

    April 16, 2026

    From footwear to AI chips: Allbirds’ next move is hard to explain

    April 16, 2026

    Where are new grads finding job opportunities?

    April 16, 2026
    Top News
    US Politics 9 Mins Read

    Trump Is Expanding His Masked Thugocracy

    US Politics 9 Mins Read

    Politics / Hiding in Plain Sight / September 12, 2025 Federal agents are essentially acting…

    The Senate Proves Once Again That It’s the World’s Most Useless Deliberative Body

    March 24, 2026

    92% of millennials use dating apps while at work

    December 2, 2025

    Another Forbes 30 Under 30 honoree could be headed to prison

    February 6, 2026
    Top Trending
    Business 4 Mins Read

    Let this goofy Trump chatbot tell you how your tax money is really spent

    Business 4 Mins Read

    How many new oil wells did you drill this year? Did your…

    Business 3 Mins Read

    From footwear to AI chips: Allbirds’ next move is hard to explain

    Business 3 Mins Read

    The fall of former direct-to-consumer darling Allbirds has taken a very weird…

    Business 3 Mins Read

    Where are new grads finding job opportunities?

    Business 3 Mins Read

    It’s a brutal hiring market for new grads. Hiring has slowed across…

    Categories
    • Business
    • Economy
    • Headline News
    • Top News
    • US Politics
    • World Politics
    About us

    The Populist Bulletin was founded with a fervent commitment to inform, inspire, empower and spark meaningful conversations about the economy, business, politics, government accountability, globalization, and the preservation of American cultural heritage.

    We are devoted to delivering straightforward, unfiltered, compelling, relatable stories that resonate with the majority of the American public, while boldly challenging false mainstream narratives that seem to only serve entrenched elitists, and foreign interests.

    Top Picks

    Let this goofy Trump chatbot tell you how your tax money is really spent

    April 16, 2026

    From footwear to AI chips: Allbirds’ next move is hard to explain

    April 16, 2026

    Where are new grads finding job opportunities?

    April 16, 2026
    Categories
    • Business
    • Economy
    • Headline News
    • Top News
    • US Politics
    • World Politics
    Copyright © 2025 Populist Bulletin. All Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.