US-Israeli strikes hit petrochemicals hub in Iran
Iranian officials said the shutdown could take about two years to reverse after strikes hit utility plants and several petrochemical firms, injuring at least 5 people.
- On Saturday, US-Israeli airstrikes targeted six petrochemical plants in Khuzestan Province, including Fajr 1 and Fajr 2, effectively shutting down production at the Mahshahr industrial complex.
- President Donald Trump warned the United States would attack Iranian energy facilities by Monday if no resolution was reached, as Israel vowed to target economic assets in response to missile fire.
- The struck infrastructure supplied nearly 70% of Iran's gasoline and oil products, while Hamed Shams, head of marketing for Iran's petrochemical industries, stated it provided electricity to 500,000 residents.
- At least five people were injured in the explosions, which officials described as a severe blow to Iran's economy; rebuilding the utility plants could take about two years.
- Israel stated the targeted sites were 'dual use' and linked to weapons production, while Iranian officials countered that these were civilian industries unrelated to military activities.
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Defense Minister praises IDF strikes on Iranian petrochemical sites
Katz said Iran's petrochemical sector has generated $18 billion for the IRGC and 'directly supports Iran's missile production industry,' and vowed that 'Iran will face escalating costs' in its 'capacity to function,' as long as its missiles target Israel
Israel's army reported that a facility for the manufacture of explosives, ballistic missiles and other weapons systems had been attacked in the southwest of Iran.
Israel strikes Iranian petrochemical plant, vows to continue attacks
The Israeli military has announced that it bombed an Iranian petrochemical complex which it said is a supplier of chemicals used in weapons. The country vowed to continue attacking Iran, and is reportedly preparing strikes on its energy facilities.
Surging Gas Prices & Oil Wars of US-Israel, Iran, Kuwait
Ann Arbor (Informed Comment) – On Saturday morning the US and/ or Israel attacked the Khuzestan Petrochemical Special Economic Zone at Mahshahr and several other petrochemical sites around Ahvaz, a city of 1.3 million (think Dallas, Texas). These facilities manufacture engineering polymers for local Iranian industries, including construction and electronics. While these products obviously could have military uses, they are mainly civilian, and s…
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