The Fort Worth Press - Saudi forces down drones after Iran vows to target oil resources

USD -
AED 3.672498
AFN 64.498896
ALL 80.819685
AMD 361.12818
ANG 1.789785
AOA 917.000381
ARS 1526.750902
AUD 1.423315
AWG 1.80125
AZN 1.699594
BAM 1.741787
BBD 2.015015
BDT 123.745402
BGN 1.747831
BHD 0.377604
BIF 3000.997453
BMD 1
BND 1.278059
BOB 11.730759
BRL 5.028301
BSD 1.000472
BTN 94.559477
BWP 13.70595
BYN 2.971479
BYR 19600
BZD 2.012094
CAD 1.406545
CDF 2315.999851
CHF 0.825725
CLF 0.024811
CLP 976.49913
CNY 6.67805
CNH 6.675525
COP 3192.79
CRC 455.529135
CUC 1
CUP 24.010794
CVE 98.199695
CZK 21.63385
DJF 178.150632
DKK 6.66144
DOP 61.440772
DZD 134.662028
EGP 54.377015
ERN 15
ETB 163.87083
EUR 0.89118
FJD 2.253802
FKP 0.747587
GBP 0.747345
GEL 2.590236
GGP 0.747587
GHS 11.660299
GIP 0.747587
GMD 73.499938
GNF 8854.987666
GTQ 7.645587
GYD 209.311853
HKD 7.84711
HNL 26.857072
HRK 6.713802
HTG 131.084908
HUF 325.705016
IDR 18036.35
ILS 3.088399
IMP 0.747587
INR 94.41245
IQD 1516.6493
IRR 1832374.999948
ISK 121.249953
JEP 0.747587
JMD 158.780625
JOD 0.708993
JPY 158.136498
KES 129.840126
KGS 87.450123
KHR 4068.146802
KMF 439.499662
KPW 899.999961
KRW 1327.950601
KWD 0.31022
KYD 0.833753
KZT 446.890557
LAK 22518.390538
LBP 89591.044298
LKR 332.14739
LRD 170.580744
LSL 16.412051
LTL 2.95274
LVL 0.60489
LYD 6.419294
MAD 9.819615
MDL 17.998442
MGA 4521.489767
MKD 54.903951
MMK 2099.21541
MNT 3597.533576
MOP 8.085932
MRU 40.128421
MUR 47.289758
MVR 15.460082
MWK 1734.751129
MXN 18.66087
MYR 4.081197
MZN 63.906631
NAD 16.412051
NGN 1332.149805
NIO 36.816372
NOK 9.37735
NPR 151.295341
NZD 1.757855
OMR 0.384502
PAB 1.000481
PEN 3.438421
PGK 4.479652
PHP 63.480996
PKR 276.89823
PLN 3.88389
PYG 5756.677086
QAR 3.647261
RON 4.759496
RSD 104.65099
RUB 81.825408
RWF 1478.615162
SAR 3.748965
SBD 8.07458
SCR 13.83198
SDG 601.509134
SEK 9.90143
SGD 1.27805
SHP 0.7473
SLE 23.919955
SLL 20969.504398
SOS 571.749178
SRD 37.661506
STD 20697.981008
STN 21.819089
SVC 8.754392
SYP 13001.999685
SZL 16.418788
THB 33.614498
TJS 9.214157
TMT 3.51
TND 2.986543
TOP 2.40776
TRY 49.602797
TTD 6.792416
TWD 32.423502
TZS 2644.999727
UAH 45.047334
UGX 4207.076509
UYU 40.164934
UZS 11975.562621
VES 879.788903
VND 25856.5
VUV 119.136032
WST 2.774679
XAF 584.575977
XAG 0.017399
XAU 0.000242255985
XCD 2.702551
XCG 1.803058
XDR 0.707052
XOF 584.575977
XPF 106.20998
YER 236.103383
ZAR 16.397965
ZMK 9001.203567
ZMW 20.069287
ZWL 321.999592
SSP 5787.554334
MXV 2.106372
  • RIO

    -0.3300

    97.04

    -0.34%

  • CMSC

    -0.0400

    20.67

    -0.19%

  • RELX

    0.0000

    33.41

    0%

  • RBGPF

    0.0000

    67.95

    0%

  • BCE

    -0.0700

    21.99

    -0.32%

  • BCC

    -0.0300

    75.66

    -0.04%

  • GSK

    0.8600

    51.08

    +1.68%

  • JRI

    -0.0300

    11.52

    -0.26%

  • NGG

    -0.1200

    76.68

    -0.16%

  • CMSD

    0.0900

    20.54

    +0.44%

  • BTI

    -0.0800

    55.75

    -0.14%

  • AZN

    2.0200

    168.1

    +1.2%

  • BP

    -1.4200

    43.16

    -3.29%

  • RYCEF

    0.4600

    19.7

    +2.34%

  • VOD

    0.0700

    17.02

    +0.41%

Saudi forces down drones after Iran vows to target oil resources

Saudi forces down drones after Iran vows to target oil resources

Saudi forces intercepted more than two dozen drones Friday after Iran vowed to attack oil resources in the Middle East and said it would maintain a chokehold on the Strait of Hormuz that has sent crude prices soaring.

Text size:

Israel also came under attack early Friday from missiles launched by Iran, with the Israeli military saying its air defences were working to intercept them.

The International Energy Agency has warned that the Middle East war could lead to "the largest supply disruption" in the industry's history, but US President Donald Trump wrote on social media that defeating Iran's "evil empire" was more important than crude prices.

Trump has faced intense political pressure as the global economic fallout of the crisis has mounted, and he has given mixed messages as to when the US campaign might end.

Iran has unleashed waves of drone and missile strikes against neighbouring states hosting US military assets, including Saudi Arabia, whose defence ministry said Friday that its forces had intercepted a total of 28 drones.

The previous day, Iranian security chief Ali Larijani took aim at Trump, saying that the war "cannot be won with a few tweets" and that "we will not relent until making you sorry for this grave miscalculation."

His comments came after Iran's new supreme leader, Mojtaba Khamenei, issued a defiant statement, his first since being appointed Sunday after the death of his father and predecessor Ali Khamenei in a strike.

Mojtaba Khamenei, who was reportedly wounded in the strike, has yet to appear publicly since his nomination, and his message calling for vengeance was read by an anchor on state television.

"The lever of blocking the Strait of Hormuz must definitely be used," Khamenei said of the waterway through which a fourth of the world's seaborne oil trade usually transits.

The strait, which also normally accounts for a fifth of the world's liquefied natural gas (LNG) supplies, lies off Iran and is just 54 kilometres (34 miles) wide at its narrowest point.

- 'War of attrition' -

Israeli Prime Minister Benjamin Netanyahu said the joint US-Israeli campaign was "crushing" Iran and the Tehran-backed militant group Hezbollah in Lebanon.

Speaking in a televised media briefing, he said the war was intended "to create, for the Iranian people, the conditions to bring down this regime", in addition to hobbling its nuclear and missile programmes.

In an interview with AFP, Iran's deputy foreign minister Majid Takht-Ravanchi said Tehran was acting only in "self defence" and wanted to ensure that war could not be "imposed" on it again.

Takht-Ravanchi confirmed that Iran had been approached by some "friendly countries" to put an end to the conflict, without specifying which ones.

"We are telling them the same thing, that we want the ceasefire to be part of an overall formula for ending the war altogether," he said.

- Fuel tanks, airport hit -

Gulf states have borne the brunt of retaliatory attacks from Iran, which said Thursday that it would "set the region's oil and gas on fire" if its own energy infrastructure and ports were attacked.

With Gulf states slashing production and oil tankers stuck in the Gulf, benchmark oil prices have risen 40 to 50 percent since the US and Israel attacked Iran on February 28, threatening to crimp growth and stoke inflation.

Images from Bahrain showed thick smoke rising after a strike on fuel tanks in Muharraq, with residents told to stay inside and close their windows, while drones caused damage again at Kuwait's international airport and in downtown Dubai.

In Iraq, six French soldiers were wounded by a drone attack in the autonomous Kurdistan region in the country's north, the French military said Thursday.

And a US KC-135 refueling aircraft crashed in western Iraq, at least the fourth American military aircraft to be lost in the conflict, after three F-15 jets were downed by friendly fire.

- 'Extremely tense' -

The war has upended daily life for Iranians.

A 30-year-old woman living in Kermanshah in western Iran said 90 percent of shops in her city had closed.

"People are desperately trying to withdraw their savings from the banks, as trust in them has vanished," she said. "Bread is now rationed. The population is extremely tense and outraged."

The conflict has also spread to Lebanon, where authorities reported 687 people killed by Israeli attacks, including at least 12 who died in a strike Thursday on Beirut's seafront, where displaced families were camping in tents.

Israeli Defence Minister Israel Katz said Thursday that he was ordering troops to "prepare for expanding" attacks on Lebanon, and Israeli forces pushed further into southern Lebanon.

Israel's military said it hit Hezbollah command posts in "several waves of strikes" on Beirut and southern Lebanon on Thursday.

Israel also launched a new broad wave of strikes in Tehran, saying it had struck checkpoints of the Basij paramilitary force that has been deployed to suppress protests against the clerical government.

Iran's health ministry said on March 8 that more than 1,200 people have been killed in the war, a figure AFP has not been able to independently verify.

Three million people have been displaced by the war in Iran, according to figures issued Thursday by the UN's refugee agency.

Officials said 14 people had been killed in Israel since the start of the Iran war, while attacks in the Gulf have killed 24, including 11 civilians and seven US military personnel.

burs-wd/js

M.T.Smith--TFWP