Iran-US conflict: more to come?
With the US’s killing of top Iranian general Qassem Soleimani, the risk of attacks on Mena oil infrastructure is likely to increase
With the US’s killing of top Iranian general Qassem Soleimani, the risk of attacks on Mena oil infrastructure is likely to increase The Gulf region is wondering if Soleimani’s death and subsequent Iranian missile attacks on US bases in Iraq is the end of a chapter—or just the start. Despite US president Donald Trump’s more conciliatory remarks in early January, analysts still favour the pessimistic view. “Our base case is that Iran will continue to counter the US’ maximum pressure campaign on many fronts; one will be on oil and gas tankers and infrastructure, a second on the US presence in Iraq and a third which would be to go directly after US interests,” says Torbjorn Soltvedt, principal
Also in this section
19 May 2025
The two Gulf states are combining fossil fuel production with ambitions to become leaders in low-carbon energy
15 May 2025
Financial problems, lack of exploration success and political dogma cause uncertainty across much of the region
14 May 2025
The invisible hand of the market has seen increasing transparency but much more needs to be done to build a better understanding
13 May 2025
A fall in Venezuelan output drives overall production lower, as Saudi Arabia starts to slowly bring more crude to the market
