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Iranian Strikes on Mideast Oil Sites Trigger Global Energy Chaos

HeadlineMar 06, 2026

Iran is continuing to fire retaliatory missiles and drones at Israel and nations across the Middle East that host U.S. military bases. Iranian missiles crashed down across Tel Aviv earlier today, sparking a fire and damaging several buildings, though no injuries were reported. One missile reportedly struck near Ben Gurion Airport, which hosts U.S. aerial refueling tankers used in the war on Iran.

In Iraq, a drone struck an oil field operated by a U.S. firm in the northern Kurdish region, causing a fire. Officials in Bahrain say an oil refinery fire from an Iranian missile strike has been contained. Meanwhile, Qatar has fully shut down natural gas liquefaction and won’t be able to restart operations for at least a month, adding to a growing energy crisis caused by the U.S.-Israeli attacks on Iran. On Thursday, U.S. stocks dropped dramatically, with the Dow falling nearly 800 points, as oil prices made their largest weekly gain since 2020.

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