Qatar downs Iranian warplanes, halts LNG production as Gulf crisis deepens

Qatar shot down two Iranian fighter jets and halted LNG production over Iran's latest strikes, sending prices soaring, as the Gulf crisis escalated sharply on Monday. Qatar's air force downed two Sukhoi SU24 bombers, the defence ministry said -- the first such action by a Gulf country after three days of Iranian bombardment. The wealthy region of staunch

Major Saudi Aramco Refinery Shut Following Drone Strike

Saudi Aramco has halted operations at its Ras Tanura refinery following a drone strike in the surrounding area. The Ras Tanura facility, one of Saudi Arabia’s largest refineries, has the capacity to process approximately 550,000 barrels of crude oil per day. The plant, located on the Persian Gulf, was reportedly shut down as a precaution while damage

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