Israeli military attack hits Yemen, reportedly targeting senior Houthi leader
Israeli forces recently carried out a targeted strike in Yemen, in an apparent assassination attempt against a senior figure in the Iran-backed Houthi movement, according to Israeli media. The Israel Defense Forces (IDF) have not officially confirmed the operation, and both Israeli and Houthi officials have so far refrained from making public statements on the matter.The Houthis, who control large parts of northern Yemen, have been engaged in a campaign of maritime attacks in the Red Sea since November 2023, claiming solidarity with Palestinians amid the ongoing war between Israel and Hamas in Gaza. The group is believed to have launched over 100 assaults on commercial vessels traversing one of the world's key shipping routes.advertisementRISING TENSIONS BETWEEN ISRAEL AND IRANThe reported strike in Yemen comes as Israel and Iran exchanged fresh hostilities late Saturday, escalating fears of a broader regional conflict. The Israeli military expanded its campaign against Iran with a surprise strike targeting the South Pars gas field, the world's largest, prompting a fierce response from Tehran.
Iran launched missiles and drones toward Israel, according to Iranian state media, while the IDF confirmed it had intercepted multiple incoming projectiles and was continuing operations against military targets in Tehran. Missile strikes lit up the night skies over Jerusalem and Haifa, where a direct hit on a residential building killed a woman in her 20s and injured at least 13 others.Iran canceled a scheduled round of nuclear talks with the United States in Oman. Iranian Foreign Minister Abbas Araqchi said the discussions were impossible amid what he called "barbarous" Israeli attacks.advertisementPrime Minister Benjamin Netanyahu warned that Iran had "seen nothing yet" and hinted at further action. Meanwhile, the White House said President Donald Trump had cautioned Iran against further escalation, offering a diplomatic off-ramp in exchange for a significant rollback of its nuclear program.
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News18
16 minutes ago
- News18
Iran Denies Israel's Attack On World's Largest Gas Field: Why South Pars Is Key To Global Energy Ops
Last Updated: Iran shares the South Pars gas field with Qatar. Striking it would mark a major escalation in the conflict, which had already pushed oil prices up 9% on Friday Contrary to media reports, Iran oil ministry on Sunday denied Israel's attack on their oil and gas sector, claiming the Isfahan refinery operations continue without disruption. The semi-official Tasnim news agency had on Saturday reported that Iran had partially suspended gas production at the world's biggest gas field after an Israeli strike caused fire at South Pars gas field. Israel launched an air offensive against Iran on Friday, killing commanders and scientists and bombing nuclear sites in a stated bid to stop Tehran building an atomic weapon. Iran shares the South Pars gas field with Qatar. Striking it would mark a major escalation in the conflict, which had already pushed oil prices up 9% on Friday even though Israel spared Iran's oil and gas on the first day of its attacks. Operations at the Isfahan refinery continue without disruption, Iran's oil ministry told state media on Sunday, denying reports of an incident or attack against the facility.— Iran International English (@IranIntl_En) June 15, 2025 The South Pars field is located offshore in Iran's southern Bushehr province and is responsible for the lion's share of gas production in Iran, the world's third largest gas producer after the United States and Russia. The fire broke out in one of the four units of Phase 14 of South Pars, halting production of 12 million cubic metres of gas, Tasnim had said. Iran produces around 275 billion cubic meters (bcm) of gas per year or some 6.5% of global gas output, and consumes it domestically as it cannot export gas due to sanctions. Iran shares the field with Qatar, which calls the field North Field. Qatar produces 77 million tonnes of liquefied gas from the field with the help of global majors such as Exxon and Shell and supplies the gas to Europe and Asia. Israel had so far restricted its strikes to military and nuclear installations. The South Pars gas field attack could change the dynamics. 'This is probably the most important attack on oil and gas infrastructure since Abqaiq," said Jorge Leon, an analyst at Rystad Energy, referencing the 2019 attack on Saudi oil facilities that shook global markets, as per Bloomberg. THE TIMING Israeli strikes have come at a bad timing for Iran, which is grappling with nationwide protests over chronic water and power shortages. Blackouts have cost industries $20 billion annually, worsened by IRGC-linked Bitcoin mining diverting electricity from civilians. Hyperinflation has exceeded 50% for seven consecutive years, with the currency collapsing to 828,500 rials against one USD. Critical shortages of medicine, fuel, and electricity have eroded public trust. Protesters in 155 cities have been chanting 'No Light, No Water, No Future'. Cement prices have surged 200% in three months, and unpaid bread subsidies have triggered baker strikes. IRGC-controlled conglomerates like Setad and Khatam Base dominate over 50% of the GDP. Public anger is fuelled by scandals, including a $3.7 billion fraud by Debsh Tea. Over 50% of voters boycotted recent elections, showing widespread disillusionment. Movements like 'Women, Life, Freedom' from 2022 persist despite crackdowns. WILL KHARG, HORMUZ BE NEXT? There are fears that Israel could attack Iran's main oil export terminal Kharg Island and the Strait of Hormuz, through which 21 per cent of the world's LNG and 14 million barrels of crude oil daily pass. Earlier, there were fears that Iran would block Hormuz supply line. 'This is a warning shot that Israel is willing to hit Iranian energy infrastructure if Israeli civilians are targeted," said Richard Bronze, head of geopolitics at Energy Aspects, as per The NYT. Analysts warn that if the conflict continues to escalate, Qatar's energy operations and Israel's own infrastructure could also become targets. Both countries play critical roles in energy exports, and any attack could create ripple effects across Asia, Europe, and global supply chains. IMPACT ON US, CHINA In the 1970s, Iran accounted for 10 per cent of the world's oil production. However, after the 1979 revolution, the US crippled the Iranian economy by announcing sweeping sanctions on Tehran. The United States tightened sanctions in 2018 after Trump exited a nuclear accord during his first presidential term. Iran's oil exports fell to nearly zero for some months. China is the biggest importer of Iranian oil. It says it does not recognise sanctions against its trade partners. The main buyers of Iranian oil are Chinese private refiners, some of whom have recently been placed in the US Treasury sanctions list. top videos View all If Israel attacks Iran's oil and gas production, it may also impact China, the United States' biggest strategic and economic rival. Analysts, however, say Saudi Arabia and other OPEC members could compensate for the drop of Iranian supply by using their spare capacity to pump more. About the Author News Desk The News Desk is a team of passionate editors and writers who break and analyse the most important events unfolding in India and abroad. From live updates to exclusive reports to in-depth explainers, the Desk More Get Latest Updates on Movies, Breaking News On India, World, Live Cricket Scores, And Stock Market Updates. Also Download the News18 App to stay updated! tags : Israel Iran tension Location : New Delhi, India, India First Published: June 15, 2025, 14:59 IST News explainers Iran Denies Israel's Attack On World's Largest Gas Field: Why South Pars Is Key To Global Energy Ops
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First Post
17 minutes ago
- First Post
Israel attacks world's largest gas field in Iran: What will be the impact?
Iran has been forced to partially shut operations at the South Pars gas field after a fire caused by an Israeli air strike. The South Pars gas field is the biggest in the world. But what do we know about it? What happened? What will be the impact? read more This frame grab taken from Islamic Republic of Iran Broadcasting (IRIB) shows a refinery in Iran's South Pars gas field after it was struck by an Israeli drone in Kangan. AP Israel has hit the largest gas field in the world. Iran has been forced to partially shut operations at the South Pars gas field after a fire caused by an Israeli air strike. The South Pars gas field is the biggest in the world. But what do we know about the field? What happened? What will be the impact? Let's take a closer look What happened? First, let's take a brief look at the South Pars gas field. The South Pars gas field is in Iran's southern province of Bushehr. STORY CONTINUES BELOW THIS AD Located in the middle of the Gulf, it is jointly owned by Iran and Qatar (which calls it the North Dome). It spans 9700 square kilometres of which 3,700 square kilometers belongs to Iran. It comprises an oil field and a processing plant. It is thought to hold over 51 trillion cubic meters of natural gas. It holds around 48 per cent of Iran's natural gas reserves. It is responsible for most of Iran's natural gas production – which stands behind only the United States and Russia. A fire resulted as a result of the strike, according to Iranian authorities. People look at fire burning at South Pars gas field, in Tonbak, Bushehr Province, Iran, in this screen grab from a handout video released on June 14, 2025. Reuters The blaze, which occurred in one of the four units of Phase 14 of South Pars, has now been tamped down. It stopped production of 12 million cubic metres of gas. However, the National Iranian Oil Refining and Distribution Company said oil refining and storage facilities had not been damaged and continued to operate. Iran produces around 275 billion cubic meters (bcm) of gas per year – around 6.5 per cent of global gas output – all of which is consumed domestically due to export restrictions. STORY CONTINUES BELOW THIS AD What will be the impact? This was Israel's first direct attack on Iran's oil and gas infrastructure. It marks a significant escalation in the conflict between the two nations. Analysts are worried about the possible fallout. 'This is probably the most important attack on oil and gas infrastructure since Abqaiq,' Jorge Leon, an analyst at Rystad Energy, talking about the 2019 attack on Saudi Arabian oil fields, told Bloomberg. 'This is a warning shot that Israel is willing to hit Iranian energy infrastructure if Israeli civilians are targeted, ' Richard Bronze, head of geopolitics at Energy Aspects, told The New York Times. Oil prices had already surged 14 per cent on Friday after Israel attacked Iran. The price of oil eventually settled seven per cent higher – at $73 (Rs 6,200 per barrel). This fresh attack could push oil prices even higher from tomorrow (June 16). Experts also fear the conflict in West Asia could disrupt the flow of oil to the rest of the world. Iran, which is part of Organisation of the Petroleum Exporting Countries (OPEC), currently produces around 3.3 million barrels per day (bpd). STORY CONTINUES BELOW THIS AD It exports over 2 million bpd of oil and fuel. 'Israeli action has so far avoided Iranian energy infrastructure, including Kharg Island, the terminal responsible for an estimated 90 per cent of Iran's crude oil exports,' said Ben Hoff, head of commodity research at Societe Generale. 'This raises the possibility that any further escalation could follow an 'energy-for-energy' logic where an attack on one side's oil infrastructure might invite a retaliatory strike on the other's,' Hoff said. With inputs from agencies
News18
31 minutes ago
- News18
Israel-Iran Conflict: Dozens Killed On Both Sides, Trump's Big Warning To Tehran
West Asia remained on edge as Israel and Iran continued their military strikes against each other, with the former claiming to have struck the Defence Ministry headquarters in Tehran and a site linked to its nuclear programme. Israel targeted Iran's energy and nuclear sites. Iran said that Israel struck its Shahran oil depot in Tehran. An oil refinery near the capital city was also attacked by the Israel Defence Forces. Iran also partially halted production at the South Pars field, the world's largest gas field, after Israel struck the site, causing fire. 'The IDF completed an extensive series of strikes on targets in Tehran related to the Iranian regime's nuclear weapons project. The targets included the Iranian Ministry of Defense headquarters, the headquarters of the SPND nuclear project, and additional targets, which advanced the Iranian regime's efforts to obtain a nuclear weapon and where the Iranian regime hid its nuclear archive," the IDF posted on X. Air raid sirens rang out across Jerusalem and Tel Aviv after Iran launched another round of attacks on Israeli cities. Reports say at least seven people were killed, including a 10-year-old boy and a woman. In total, at least 10 people died and over 300 were reportedly injured in Israel since Iran began its retaliatory strikes on Saturday night. Iran's Revolutionary Guards claimed that their missiles and drones attacked Israel's energy systems and facilities producing fuel for fighter jets – something Israel has yet not acknowledged. Israel's main international airport and its airspace continued to be shut for a third straight day since the beginning of the fighting. A planned round of US-Iran nuclear talks in Oman on Sunday was called off. Iranian Foreign Minister Abbas Araqchi said the talks couldn't take place while Iran was under attack. Israel launched 'Operation Rising Lion' on Friday, while Iran launched a counter-operation codenamed 'Operation True Promise 3'. US President Donald Trump warned Iran against launching any strikes against the United States, stating that 'full strength and might of the U.S. Armed Forces will come down on you at levels never seen before". 'The U.S. had nothing to do with the attack on Iran, tonight. If we are attacked in any way, shape or form by Iran, the full strength and might of the U.S. Armed Forces will come down on you at levels never seen before. However, we can easily get a deal done between Iran and Israel, and end this bloody conflict," Trump posted on Truth Social. Israel said its strikes have killed top Iranian generals as well as senior scientists and experts linked to Iran's nuclear programme. Before the attacks on Sunday, Iran's UN ambassador stated that 78 people had been killed and over 320 injured.
