Iran War News LIVE Updates: Saudi Arabia warns pressure from Iran will backfire, warns ‘military actions…’

Iran War News LIVE Updates: Saudi Arabia said that pressure from Iran will backfire politically, morally and certainly we reserce the right to take military actions if deemed necessary, as reported by Reuters.

What happened in the last few hours?

1. Saudi Foreign Minister further noted that Iran has not dealt with neighbours in spirit of brotherhood but with ‘hostile view’, Reuters further reported.
2. Qatar’s state-owned energy company QatarEnergy announced on Wednesday that Iranian missile strikes on Ras Laffan, home to the country’s main LNG processing hub, resulted in significant damage, as reported by Reuters.
3. The UAE temporarily shut down gas facilities after intercepting incoming missiles early Thursday.
4. Kuwait’s Ministry of Information announced early Thursday that the country’s largest mosque in Kuwait City, which typically hosts thousands of worshippers during major prayers, will remain closed for Eid al-Fitr in light of the “current circumstances.”
5. US House Speaker Mike Johnson insisted that US operation in Iran ‘all but done’. He still declined to call it a war, but he acknowledged the situation in the Strait of Hormuz "is dragging it out a little bit."

These developments followed Iran’s evacuation warnings for multiple oil and gas sites in Saudi Arabia, the UAE, and Qatar, issued shortly before it launched retaliatory attacks in response to earlier strikes on its own energy infrastructure in South Pars and Asaluyeh, Reuters reported

How oil prices react to Middle East war?

Meanwhile, the ongoing U.S.-Israeli conflict with Iran is intensifying strain on the region’s energy sector, with global oil prices jumping another 5% to exceed $108 per barrel. This surge is driving up fuel costs and putting additional pressure on the world economy.

Prices climbed further after reports of an attack on the Pars gas field, raising concerns about possible Iranian retaliation against Gulf energy infrastructure.

Since the conflict began on February 28, Iran has targeted energy installations in Persian Gulf countries and effectively disrupted the Strait of Hormuz, a crucial route that carries around one-fifth of global oil supply.

At the same time, Iran and Hezbollah have continued launching drones and missiles toward Israel.

Iran-US war: Casualties so far

The conflict has resulted in heavy casualties, with at least 1,300 deaths reported in Iran, over 960 in Lebanon, and 14 in Israel.

The U.S. military has also confirmed the deaths of 13 personnel, with around 200 others injured.

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