Iran attacks energy infrastructure

Investment Analysis Clubs Macro Economic Trends and Risks
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https://www.wsj.com/world/middle-east/saudi-oil-facilities-get-pulled-into-mideast-conflict-1607e138?mod=WSJ_home_supertopperbottom_pos_2

  1. World
  1. Middle East

Attacks in Qatar, Saudi Arabia Drag Energy Sector Into Mideast Conflict

Qatar halts LNG production and tanker traffic comes to virtual stop at key waterway, as Iranian attacks raise risks for global economy

By Summer Said, Georgi Kantchev and Benoit Faucon, The Wall Street Journal, Updated March 2, 2026

  • Iranian drone attacks on Saudi and Qatari energy facilities and paralyzed Strait of Hormuz traffic caused Brent crude to jump over 8%.

  • Shipping through the Strait of Hormuz has nearly halted, with 706 non-Iranian tankers anchored outside the waterway.

  • Amazon Web Services suffered a disruption in the U.A.E. after unidentified objects struck a data center, and airports around the region shut.

Oil exports from Persian Gulf monarchies have collapsed from 22 million barrels a day to 2.8 million barrels a day.

[end quote]

The situation is in flux. The Macro trend could shift radically and suddenly.

Wendy

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They must be desperate to drag the Arabs into the enemy camp , all the more reason to get rid of them ASAP!

The Captain

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We are told the Arab world denied the US use of their territory to attack Iran. Presumably intended to minimize their exposure to Iran’s response. But response has been wide spread throughout the Arab world. So Iran may be uniting the Arabs against them.

And now we hear Hezbolah and other Iran proxies are active again. The war seems to be getting larger.

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If you want God to laugh, make a plan.

If you really want to make God laugh, make a war plan.

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:laughing:

The Captain

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For some reason, last time I checked, the price of oil was only up 1%.

DB2

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The regime has been victimizing the Arabs for decades.

This is more of the same.

Some people in the Islamic world need to stop with the power murder hungry “you are not Muslim enough”. This is mostly a problem for moderate Muslims.

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You need a faster computer?

**Key Details on Oil Price Increase:**
  • Price Surge: Brent crude rose to roughly $78–$82 per barrel, representing a 6%–13% increase in initial trading on March 2, 2026.

Another source:

Yes, global oil prices surged by approximately 6% to 7% following the U.S. and Israeli attacks on Iran on March 1-2, 2026, amid fears of supply disruptions in the Middle East

. Brent crude futures hit over $80 a barrel, with analysts warning of increased gasoline prices due to potential threats to the Strait of Hormuz

Just curious. Was your computer manufactured by Murdoch, Inc. :wink:

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Nah, the computer’s OK. The quote was apparently the intraday change on Monday, not the increase from Friday.

DB2

1 Like