Airport Under Fire: Iran Targets World’s Busiest Hub
Iran escalates the conflict by striking Gulf targets including an airport and oil ports. The Strait of Hormuz crisis threatens global trade and energy supplies.
Iran targeted the world's busiest international airport and attacked commercial ships on Wednesday. The aim was to cause economic damage worldwide and pressure the US and Israel to end the war.
On Thursday, an Iranian attack caused a major fire on Muharraq Island in Bahrain, the island kingdom's international airport.
Authorities urged people to stay indoors and keep windows closed to avoid smoke. The airport houses jet fuel tanks, and other tanks in the area serve the Kingdom's oil industry.
In addition, an attack on Iraq's Basra port killed at least one person and forced the suspension of operations at all oil terminals in the country.
Farhan al-Fartousi, director-general of the General Company for Ports of Iraq, said the attack targeted a ship in the ship-to-ship transfer area at the port in the Persian Gulf.
According to his statement, carried by the official Iraqi news agency, Iraq's commercial ports remained open, although oil terminals were closed.
According to the Pentagon, the US lost $11.3 billion (£8.47 billion) in the first week of the war with Iran. A person familiar with the matter, who spoke on condition of anonymity to discuss a private meeting, said the Pentagon provided this estimate in a briefing to Congress earlier this week.
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Both sides are determined to outlast each other, as the fighting is disrupting trade routes, disrupting fuel and fertilizer supplies from the Gulf, and threatening air traffic in one of the world's most heavily traveled regions.
Iran has targeted oil fields and refineries in Gulf Arab countries and effectively halted cargo traffic through the narrow Strait of Hormuz, through which a fifth of all traded oil passes.
In response, the International Energy Agency agreed to release 400 million barrels of oil, the largest emergency oil reserve in its history, to counter the impact of the war on the energy market.
The United States plans to release 172 million barrels of oil from its Strategic Petroleum Reserve next week to combat high prices.
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