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International Business Times
International Business Times
Brian Slupski

Iran Could Create Global Energy Crisis With Retaliatory Strikes

Saudi Arabia's Ras Tanura refinery on fire after drone attack. (Credit: X)

The Iran war could create an energy crisis as the besieged regime lashes out at neighboring countries, hoping to destroy and compromise oil and natural gas infrastructure and supply chains.

Iran has been launching retaliatory strikes throughout the Middle East since the start of a joint U.S.-Israel military operation began February 28. This week, Saudi Arabia halted production at the Ras Tanura refinery, its largest, as the nation has faced drone and missiles strikes from Iran.

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