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Qatari emir holds calls with Iranian and US presidents, condemns targeting Al-Udaid
Qatari emir holds calls with Iranian and US presidents, condemns targeting Al-Udaid

Arab News

time15 hours ago

  • Politics
  • Arab News

Qatari emir holds calls with Iranian and US presidents, condemns targeting Al-Udaid

LONDON: The emir of Qatar, Sheikh Tamim bin Hamad Al-Thani, received separate phone calls from Iranian President Masoud Pezeshkian and US President Donald Trump on Tuesday following the Iranian Revolutionary Guard Corps' missile attack on Al-Udeid Air Base. Sheikh Tamim strongly condemned the Iranian attack at the outset of his call with Pezeshkian. He said the act was 'a blatant violation of Qatar's sovereignty and airspace, as well as a breach of international law and the United Nations Charter.' The IRGC on Monday night fired missiles at Al-Udeid Air Base, the largest US military base in the Middle East, accommodating about 10,000 service members, located 30 kilometers southwest of Doha. The attack was a retaliatory action after the US hit three of Iran's nuclear facilities over the weekend. Sheikh Tamim said that Iran's action contradicted the principles of good neighborliness and highlighted Doha's ongoing commitment to dialogue with Iran. He urged an immediate halt to military operations and a return to negotiations to resolve the crisis and ensure regional security and safety, the Qatar News Agency reported. Pezeshkian expressed regret to Sheikh Tamim for the damage caused by Monday's attack. He said that Qatar and its people were not the intended targets of the military operation and that 'the attack does not constitute a threat' to Qatar. Sheikh Tamim also spoke with Trump, who affirmed Washington's solidarity with Doha after the Iranian attack and rejected 'any aggression that threatens the security and safety of the State of Qatar and undermines the security and stability of the region.' During the call with Sheikh Tamim, Trump urged restraint and seeking diplomatic solutions. Sheikh Tamim thanked Trump for the supportive stance of the United States. He also mentioned that the readiness of the Qatari armed forces and the precautionary measures authorities took resulted in no fatalities or injuries.

Iran tells Qatar attack on US airbase 'not action' against Doha
Iran tells Qatar attack on US airbase 'not action' against Doha

LBCI

time17 hours ago

  • Politics
  • LBCI

Iran tells Qatar attack on US airbase 'not action' against Doha

Iran's foreign minister said Tuesday his country's attack on a U.S. airbase in Qatar was not against its Gulf neighbor but an act of "self-defense" after U.S. strikes on nuclear sites. "The missile operation by the Iranian Armed Forces targeting Al-Udeid base was carried out within the framework of Iran's legitimate right to self-defense," Araghchi said in a phone call with his Qatari counterpart Sheikh Mohammed bin Abdulrahman bin Jassim Al-Thani. The Iranian attack "should in no way be interpreted as an action against the friendly and brotherly government of Qatar," he said, quoted in a statement from his ministry. AFP

Oil Prices Slump 7% After Iran's Muted Response To U.S. Attack
Oil Prices Slump 7% After Iran's Muted Response To U.S. Attack

Forbes

time2 days ago

  • Business
  • Forbes

Oil Prices Slump 7% After Iran's Muted Response To U.S. Attack

A pipeline at Big Hill near Beaumont, Texas, U.S. (Photo: Joe Raedle/Newsmakers) Global oil prices slumped by 7% on Monday after Iran's response to U.S. attacks on its nuclear facilities did not cause any fatalities or major damage, much to the relief of global crude markets. Tehran's threats to close the Strait of Hormuz, a key maritime artery for oil and gas shipments from the Persian Gulf out to the Gulf of Oman and beyond, have also not been realised so far. As of Monday, at the time of writing, satellite imagery pointed to a normal passage of energy cargoes in the shipping lane. At 14:31pm EDT on Monday, global proxy benchmark Brent's front-month contract traded down 6.9% or $5.21 at $70.27 per barrel. Concurrently, the main U.S. benchmark West Texas Intermediate's front-month contract traded at $68.32 per barrel, down 7.38% or $5.52. That's after Iran launched an attack on Al Udeid U.S. Air Force base, located near Qatar's capital Doha. The base serves as the headquarters for the U.S. Central Command's air operations in the Middle East, and hosts nearly 8,000 U.S. troops alongside rotational contingents of U.K. armed forces. Six missiles were launched by the Iranians on Monday to target the base. But no casualties or major damage was reported, as air defenses intercepted them, according to the Qatari government. The attack was telegraphed in advance, mirroring what Iran did in 2020 when responding to the U.S. assassination of its Quds Force commander Qasem Soleimani. After the attack, U.S. Republican Speaker of the House of Representatives Mike Johnson told media: "I got a classified briefing on all this early this morning. This is the retaliation that was expected." How the U.S. responds to this attack is up to the president, Johnson added. But oil markets have taken it as a cue for de-risking for now. More so, after Iran's seemingly unlikely threats to blockade the Strait of Hormuz have not been followed through even partially. Oil futures, initially spiked after hostilities began in the Middle East late on June 13, as Israel launched a surprise attack on Iranian nuclear and military targets. Retaliatory responses by Iran have since resulted in a constant exchange of fire between both countries, including attacks on oil and gas facilities, prior to the U.S. involvement on Saturday. Back To Market Fundamentals As a consequence, up until Monday's market de-risking both Brent and WTI futures posted month-over-month gains of over 20%, sidestepping wider supply and demand fundamentals. Contingent upon the response of U.S. President Donald Trump those fundamentals are now seen returning to set the market's tone. Earlier this month, eight members of OPEC+, a select group of Russia-led oil producers and the Organization of the Petroleum Exporting Countries (OPEC) spearheaded by Saudi Arabia, opted to raise their collective production levels for July by another 411,000 barrels per day. The move was the third consecutive output hike of 411,000 bpd announced by OPEC+. That too at a time when non-OPEC production remains elevated, with the U.S. currently the world's largest oil producer pumping well north of 13 million bpd. Brazil, Canada, Guyana and Norway are also pumping more oil relative to last year. Such a level of production may likely result in an oil market surplus given global demand growth - thought to be less than 1 million bpd this year, according to the International Energy Agency. Furthermore, this demand growth can be serviced by rising non-OPEC production alone. With expectations of a market surplus returning to the fore, oil prices may inevitably heading lower as de-risking continues.

Iran says its carried out 'mighty and successful' attack on US bases in Qatar and Iraq
Iran says its carried out 'mighty and successful' attack on US bases in Qatar and Iraq

Sky News

time2 days ago

  • Politics
  • Sky News

Iran says its carried out 'mighty and successful' attack on US bases in Qatar and Iraq

Iran claims it has carried out a "mighty and successful response" to "America's aggression" after launching missile attacks on US military bases in Qatar and Iraq. The attacks come after the US dropped "bunker buster bombs" on three key nuclear sites in Iran over the weekend. Iran's response this evening is the latest escalation in tensions in the volatile region. People in Qatar's capital, Doha, stopped and gazed up at the sky as missiles flew and interceptors fired - striking at least one missile in the night sky. Iran announced on state television that it had attacked American forces stationed at Qatar's al Udeid airbase. Qatar has said there are no casualties at the al Udeid base following the Iranian attack. Iran also targeted the Ain al-Assad base housing US troops in western Iraq, an Iraqi security official told the Associated Press. The attacks came shortly after Qatar closed its airspace as a precaution amid threats from Iran.

Qatar says 'reserves right to respond'; Iran says action poses no threat to 'brotherly' nation
Qatar says 'reserves right to respond'; Iran says action poses no threat to 'brotherly' nation

Khaleej Times

time2 days ago

  • Politics
  • Khaleej Times

Qatar says 'reserves right to respond'; Iran says action poses no threat to 'brotherly' nation

Qatar said it reserves the right to respond directly and in accordance with international law after Iran targeted the Al Udeid US military base in Doha in response to a US attack on Iranian nuclear facilities. Qatar confirmed that no casualties have been reported, and condemned the attack. Meanwhile, Iran's top security body said the action does not pose any threat to "friendly and brotherly" Qatar. It added that the US base was far from urban facilities and residential areas. Armed forces used the same number of bombs that the US had used in attacking Iran's nuclear facilities, Iran's top security body added.

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