Connect with us

Latest News

Oil nears $110 a barrel after gas field strike

Published

on

Facilities on the South Pars gas field pictured in 2016 [BBC]

Oil prices leapt to nearly $110 a barrel after Iranian media reported an airstrike hitting a facility on the world’s largest natural gas field.

The Brent crude oil benchmark hit $109.91 a barrel just after 14:30 GMT, more than 5% higher than Tuesday’s prices, but has since fallen slightly.

The benchmark UK gas price also jumped by 6% to 143.53p a therm before falling back below the 140p mark.

The surge followed reports Iran’s petrochemical complex on the South Pars gas field had been hit. Several hours later, Qatar reported that there was “extensive damage” at the Ras Laffan industrial site following threats from Iran.

While the price of both oil and gas spiked, they remained below highs seen earlier in the conflict.

Oil reached $116.78 a barrel on 9 March, while UK gas reached 162.55p a therm on 3 March.

Iran’s oil ministry said a fire at the petrochemical complex was under control, according to Tasnim, a news agency affiliated with the Islamic Revolutionary Guard Corps.

Iran’s military warned it would take “decisive action” in response to the strike on its energy infrastructure.

“As previously warned, if the fuel, energy, gas, and economic infrastructures of our country are attacked by the American-Zionist enemy, in addition to a powerful counterattack against the enemy, we will severely strike the origin of that aggression as well,” the military said in a statement published by Tasnim.

“We consider targeting the fuel, energy, and gas infrastructures of the countries of origin legitimate and will retaliate strongly at the earliest opportunity.”

Qatar also operates facilities on the gas field, which it calls North Dome.

But the country, which produces a fifth of the world’s liquefied natural gas, had halted production earlier in March in response to the conflict.

Qatar’s foreign ministry spokesman Majed Al Ansari said strikes against energy infrastructure “constitutes a threat to global energy security”.

Just after 1815 GMT, the Qatari interior minister said it was responding to “a fire in the Ras Laffan area following an Iranian targeting”. Qatar’s petrol firm QatarEnergy later said there was “extensive damage” at the site.

The interior minister said just after 1900 GMT that it had “initially brought the fire in Ras Laffan under control, with no injuries reported”.

Ras Laffan was among the sites listed by Iran in a warning that it would take “decisive action” after its South Pars gas field facilities were reportedly hit by Israeli strikes.

‘Energy markets will likely remain volatile’

AJ Bell’s head of financial analysis Danni Hewson said the attack and retaliation by Iran had “helped dial up the temperature once again and put renewed upward pressure on oil prices”.

“Any solution to the blockage of the Strait of Hormuz looks pretty distant at this point and until there is progress on that front, energy markets will likely remain volatile,” she added.

The White House on Wednesday responded to the rising oil price by saying it was suspending the Jones Act — a 1920 law that says only American-made ships can be used to transport goods between US ports.

US Press Secretary Karoline Leavitt said the 60-day waiver of the rules, which are intended to boost shipbuilding, will allow “vital resources like oil, natural gas, fertiliser, and coal to flow freely” as non-American-made ships can now be used.

However, maritime groups in the US said the effect would be minimal, noting that oil prices, not shipping costs, are behind rising prices at the pump.

Experts say earlier efforts by world leaders to ease price pressures, including an unprecedented release of oil reserves, have done little to reduce oil prices.

Meanwhile, Iran has also suspended the flow of gas to Iraq to shore up domestic supplies, a senior Iraqi official told Reuters.

The vast majority of Iran’s gas supply – 94% – is used domestically, according to data from the Gas Exporting Countries Forum.

[BBC]



Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest News

US press gala shooting suspect charged with attempting to kill Trump

Published

on

By

US Federal Bureau of Investigation (FBI) Director Kash Patel and Assistant Director in Charge (ADIC) of the FBI Washington Field Office Darren Cox stand next to a picture of a shotgun carried by Cole Tomas Allen, April 27 [Aljazeera]

Federal authorities in the United States have charged the suspect who allegedly shot a US Secret Service agent as he tried to breach security at a press gala attended by Donald Trump with attempting to assassinate the US president.

Cole Thomas Allen, 31, of Torrance, California, also faces firearms charges in a three-count complaint, prosecutors announced on Monday.

In the case of a conviction, the attempted assassination of Trump carries out a sentence of up to life in prison.

Allen wore a blue prison jumpsuit at his first appearance in Washington, DC, federal court, two days after authorities said they foiled an attack at the White House Correspondents’ Association dinner, an annual black-tie gathering of journalists and politicians in the US capital.

“He attempted to assassinate the president of the United States, Donald J Trump”, prosecutor Jocelyn Ballantine said in court.

Allen has not yet responded to the allegations. Seated at the defence table flanked by US Marshals, Allen said he would answer all questions truthfully and that he had a master’s degree in computer science.

US Magistrate Judge Matthew Sharbaugh ordered Allen detained while the case moves forward. Sharbaugh scheduled another hearing over Allen’s continued detention for Thursday.

Jeanine Pirro, the US attorney for Washington, DC, said further charges could be filed against Allen as the investigation proceeds.

“Make no mistake, this was an attempted assassination of the president of the United States, with the defendant making clear what his intent was – and that intent was to bring down as many of the high-ranking cabinet officials as he could,” Pirro told reporters on Monday.

She cited an alleged manifesto written by the suspect, saying that his targets were administration officials “prioritised from highest-ranking to lowest”.

Pirro added that Allen allegedly had a semiautomatic pistol, a shotgun and three knives. She said authorities believe the guns were purchased in California.

Acting Attorney General Todd Blanche said Allen travelled via train from his home near Los Angeles to Chicago and then to Washington.

[Aljazeera]

Continue Reading

Latest News

Hazlewood and Bhuvneshwar lead rout of Delhi Capitals

Published

on

By

Josh Hazlewood struck with his first two deliveries [Cricinfo]

On Saturday, Delhi served up a belter of a pitch on which 265 played 264. Two days later, the adjacent surface produced a passage of play straight out of a spicy Test-match session. Bhuvneshwar Kumar and Josh Hazlewood maximised the swing and bounce on offer in the early exchanges to raze through Delhi Capitals. DC crumpled to 8 for 6 – their powerplay score of 13 was the lowest in a full IPL game – and were in danger of being dismissed for the lowest total in the league.

Contributions from the lower order helped them avoid that ignominy and dragged them to 75. Royal Challengers Bengaluru completed the demolition job with nine wickets and 81 balls to spare. They narrowed Punjab Kings’ lead at the top of the table to just one point and boosted their NRR.

The carnage began with Bhuvneshwar yorking IPL debutant Sahil Parakh for a two-ball duck in the first over and ended with DC being decimated for the lowest powerplay score.

The Delhi pitch didn’t misbehave, but offered swing and bounce throughout the powerplay. Bhuvneshwar and Hazlewood made the most of it to return figures of 3-0-5-3 and 3-0-8-3 respectively in the first six overs. At the innings break, Bhuvneshwar said that he was surprised that the ball swung for so long. Safe to say so were the DC batters.

Parakh, picked ahead of Prithvi Shaw, came in as a player with considerable reputation for an 18-year old. DC’s director of cricket Venugopal Rao believes he can play for India one day, but on Monday, his IPL debut lasted all of two balls. Bhuvneshwar hit his edge first ball with an outswinger and knocked out his middle stump with an inswinger next ball.

In the second over, Hazlewood hit the perfect length – neither short or full – with his first ball to KL Rahul and had him top-edging a pull to the wicketkeeper Jitesh Sharma. Hazlewood pushed his length and line fuller and wider next ball and found late away movement to have Sameer Rizvi nicking to Jitesh for a golden duck.

Tristan Stubbs denied Hazlewood a hat-trick, but in the next over he too edged behind, off Bhuvneshwar. With two slips in play, including a wide one, Rajat Patidar ramped up the pressure on DC and empowered his bowlers to keep attacking. When Bhuvneshwar also kissed Axar Patel’s edge, DC were 7 for 5 in the third over.

It soon became 8 for 6 when Hazlewood dug a snorter into Nitish Rana’s arm pit from around the wicket. Rana took his eyes off the ball and ended up fending it to Padikkal.

Even RCB couldn’t believe what had just transpired. Tim David covered his face in disbelief.

A dust storm, which caused a brief stoppage, and a 35-run partnership for the seventh wicket between Abhishek Porel and David Miller then gave DC some respite.

DC had pressed the emergency switch and brought Porel in as an Impact Player following the fall of the fifth wicket. The first shot of authority came from Porel when he swatted Rasikh Dar over midwicket for four soon after the powerplay.

Miller also seemed fairly comfortable against RCB’s change bowlers before Rasikh drew a top edge with a short ball that stopped on the batter. Batting at No.8 for the first time in his 565-match T20 career, Miller was dismissed for 19 off 18 balls.

Kyle Jamieson hit the first six of the game when he launched Romario Shepherd over square leg in the 11th over, but two overs later, Krunal Pandya pinned him lbw for 12 off 13 balls.

 

Porel hung around for 33 balls for 30 runs before he was the last man dismissed. He was also the only DC batter to pass 20 and took them past the lowest IPL total of 49.  Hazlewood made a mess of his stumps with a searing yorker that tailed in from around the wicket.

With Phil Salt still nursing an injury, Jacob Bethell retained his place in the RCB team and ran away to 20 off 11 balls before Jamieson had him caught superbly by T Natarajan running back from mid-on. Devdutt Padikkal was even quicker off the blocks, reaching 22 off eight balls, and by the end of the powerplay, RCB were 65 for 1.
Kohli got the job done for RCB in the next over with back-to-back sixes off Natarajan. Along the way, he became the first player to 9000 IPL  runs.

 

Brief scores:
Royal Challengers Bengaluru 77 for 1 in 6.3 overs (Jacob Bethell 20, Virat  Kohli 23*, Devdutt Padikkal 34*; Kyle Jamieson 1-42) beat Delhi Capitals 75 in 16.3 overs  (AbishekPorel 30, David Miller 19, Kyle Jamieson 12; Josh Hazlewood 4-12, Bhuvneshwar Kumar  3-05, RasikhnSalman 1-21, Suyashb Sharma 1-07, Krunal Pandya 1-09) by nine wickets

 

[Cricinfo]

Continue Reading

Latest News

Heat Index at Caution Level in the Northern, North-central and North-western provinces and in Colombo, Gampaha, Kegalle, Trincomalee and Batticaloa districts during the day time

Published

on

By

Warm Weather Advisory
Issued by the Natural Hazards Early Warning Centre
Issued at 3.30 p.m. on 27 April 2026, valid for 28 April 2026.

The Heat index, the temperature felt on human body is likely to increase up to ‘Caution level’ at some places in the Northern, North-central and North-western provinces and in Colombo,
Gampaha, Kegalle, Trincomalee and Batticaloa districts during the day time.

The Heat Index Forecast is calculated by using relative humidity and maximum temperature and this is the condition that is felt on your body. This is not the forecast of maximum temperature. It is generated by the Department of Meteorology for the next day period and prepared by using global numerical weather prediction model data.


Effect of the heat index on the human body is mentioned in the above table and it is prepared on the advice of the Ministry of Health and Indigenous Medical Services.

ACTION REQUIRED
Job sites: Stay hydrated and takes breaks in the shade as often as possible.
Indoors: Check up on the elderly and the sick.
Vehicles: Never leave children unattended.
Outdoors: Limit strenuous outdoor activities, find shade and stay hydrated.
Dress: Wear lightweight and white or light-colored clothing.

Note:
In addition, please refer to advisories issued by the Disaster Preparedness & Response Division, Ministry of Health in this regard as well. For further clarifications please contact 011-7446491.

Continue Reading

Trending