Iran war puts at risk key pipelines, terminals and refineries

The Iran war has put at risk some of the world’s most critical oil and gas infrastructure — the pipelines, refineries, and shipping terminals that keep energy flowing from the countries around the Persian Gulf to the global economy.

- Associated Press

Strikes by Iranian drones have disrupted operations, while the effective closure of the Strait of Hormuz choke point for shipping due to risk of Iranian strikes has left some 20% of the world’s oil and liquefied natural gas with nowhere to go.

Oil fields in countries including Iraq have cut back output as storage fills up. Qatar, a major supplier of liquefied natural gas, has shut down its exports as well. “A lot of very critical energy infrastructure has been either forced to shut down because of direct damage from drones and missiles,” said Torbjorn Soltvedt, principal Middle East analyst at risk intelligence company Verisk Maplecroft, “or because production is effectively being shut in asa result of shipping grinding to a halt. We're already starting to see some of the global ramifications of that.”

Ras Laffan liquefied gas terminal, Qatar