The Japan Times - Saudi forces down drones after Iran vows to target oil resources

EUR -
AED 4.308628
AFN 73.912502
ALL 95.346222
AMD 431.876654
ANG 2.100325
AOA 1077.010275
ARS 1624.907303
AUD 1.620214
AWG 2.114717
AZN 1.99567
BAM 1.954664
BBD 2.363387
BDT 144.236187
BGN 1.955534
BHD 0.442854
BIF 3493.004263
BMD 1.173213
BND 1.493789
BOB 8.108565
BRL 5.742997
BSD 1.173468
BTN 112.158997
BWP 15.839201
BYN 3.280805
BYR 22994.980073
BZD 2.359989
CAD 1.606862
CDF 2610.399308
CHF 0.915692
CLF 0.02723
CLP 1071.683367
CNY 7.968579
CNH 7.966652
COP 4444.55422
CRC 535.502523
CUC 1.173213
CUP 31.090152
CVE 110.208006
CZK 24.339953
DJF 208.953924
DKK 7.471486
DOP 69.25153
DZD 155.335749
EGP 62.091375
ERN 17.598199
ETB 183.229104
FJD 2.565055
FKP 0.859468
GBP 0.866025
GEL 3.132606
GGP 0.859468
GHS 13.247754
GIP 0.859468
GMD 86.247845
GNF 10296.368033
GTQ 8.95337
GYD 245.495717
HKD 9.184494
HNL 31.204129
HRK 7.532259
HTG 153.306797
HUF 357.564317
IDR 20509.351781
ILS 3.41012
IMP 0.859468
INR 112.20031
IQD 1537.100271
IRR 1539255.809017
ISK 143.599717
JEP 0.859468
JMD 185.41542
JOD 0.831771
JPY 185.042129
KES 151.458414
KGS 102.597132
KHR 4707.445157
KMF 492.749569
KPW 1055.913348
KRW 1749.419401
KWD 0.361549
KYD 0.977828
KZT 544.251427
LAK 25723.271972
LBP 105080.922232
LKR 379.012994
LRD 214.74071
LSL 19.395895
LTL 3.464194
LVL 0.709665
LYD 7.423876
MAD 10.709242
MDL 20.083015
MGA 4903.276184
MKD 61.61994
MMK 2462.520385
MNT 4201.101075
MOP 9.461802
MRU 46.807998
MUR 54.917957
MVR 18.066222
MWK 2034.869611
MXN 20.189237
MYR 4.60428
MZN 74.979969
NAD 19.395647
NGN 1607.458395
NIO 43.186562
NOK 10.769822
NPR 179.447315
NZD 1.974131
OMR 0.451094
PAB 1.173418
PEN 4.021563
PGK 5.110355
PHP 72.070076
PKR 326.889096
PLN 4.251784
PYG 7163.020875
QAR 4.277488
RON 5.20297
RSD 117.376435
RUB 86.616549
RWF 1716.246609
SAR 4.405031
SBD 9.41974
SCR 16.602942
SDG 704.52965
SEK 10.899351
SGD 1.492169
SHP 0.875922
SLE 28.890357
SLL 24601.723031
SOS 670.621747
SRD 43.707478
STD 24283.145961
STN 24.486606
SVC 10.26699
SYP 129.674586
SZL 19.389559
THB 37.935263
TJS 10.971599
TMT 4.106246
TND 3.412735
TOP 2.824816
TRY 53.282768
TTD 7.963339
TWD 36.97323
TZS 3060.799918
UAH 51.57385
UGX 4410.587471
USD 1.173213
UYU 46.661295
UZS 14234.728482
VES 591.632164
VND 30911.823213
VUV 138.818641
WST 3.178581
XAF 655.592812
XAG 0.013566
XAU 0.000249
XCD 3.170667
XCG 2.114762
XDR 0.815347
XOF 655.592812
XPF 119.331742
YER 279.98742
ZAR 19.321943
ZMK 10560.328109
ZMW 22.089729
ZWL 377.774194
  • RBGPF

    0.0000

    61

    0%

  • RIO

    1.6000

    109.5

    +1.46%

  • NGG

    0.0800

    87.24

    +0.09%

  • RYCEF

    -0.3900

    16.2

    -2.41%

  • CMSC

    -0.0100

    23.11

    -0.04%

  • BTI

    3.2000

    63.64

    +5.03%

  • CMSD

    -0.0100

    23.6

    -0.04%

  • BCE

    0.1900

    24.47

    +0.78%

  • GSK

    1.0900

    50.9

    +2.14%

  • RELX

    -0.5000

    32.77

    -1.53%

  • AZN

    2.6800

    184.54

    +1.45%

  • JRI

    0.0100

    13.14

    +0.08%

  • VOD

    -1.2250

    15.095

    -8.12%

  • BP

    0.1800

    44.4

    +0.41%

  • BCC

    -1.2700

    67.93

    -1.87%

Saudi forces down drones after Iran vows to target oil resources
Saudi forces down drones after Iran vows to target oil resources / Photo: Fadhel MADHAN - AFP

Saudi forces down drones after Iran vows to target oil resources

Saudi forces intercepted more than two dozen drones Friday after Iran vowed to attack oil resources in the Middle East and said it would maintain a chokehold on the Strait of Hormuz that has sent crude prices soaring.

Text size:

Israel also came under attack early Friday from missiles launched by Iran, with the Israeli military saying its air defences were working to intercept them.

The International Energy Agency has warned that the Middle East war could lead to "the largest supply disruption" in the industry's history, but US President Donald Trump wrote on social media that defeating Iran's "evil empire" was more important than crude prices.

Trump has faced intense political pressure as the global economic fallout of the crisis has mounted, and he has given mixed messages as to when the US campaign might end.

Iran has unleashed waves of drone and missile strikes against neighbouring states hosting US military assets, including Saudi Arabia, whose defence ministry said Friday that its forces had intercepted a total of 28 drones.

The previous day, Iranian security chief Ali Larijani took aim at Trump, saying that the war "cannot be won with a few tweets" and that "we will not relent until making you sorry for this grave miscalculation."

His comments came after Iran's new supreme leader, Mojtaba Khamenei, issued a defiant statement, his first since being appointed Sunday after the death of his father and predecessor Ali Khamenei in a strike.

Mojtaba Khamenei, who was reportedly wounded in the strike, has yet to appear publicly since his nomination, and his message calling for vengeance was read by an anchor on state television.

"The lever of blocking the Strait of Hormuz must definitely be used," Khamenei said of the waterway through which a fourth of the world's seaborne oil trade usually transits.

The strait, which also normally accounts for a fifth of the world's liquefied natural gas (LNG) supplies, lies off Iran and is just 54 kilometres (34 miles) wide at its narrowest point.

- 'War of attrition' -

Israeli Prime Minister Benjamin Netanyahu said the joint US-Israeli campaign was "crushing" Iran and the Tehran-backed militant group Hezbollah in Lebanon.

Speaking in a televised media briefing, he said the war was intended "to create, for the Iranian people, the conditions to bring down this regime", in addition to hobbling its nuclear and missile programmes.

In an interview with AFP, Iran's deputy foreign minister Majid Takht-Ravanchi said Tehran was acting only in "self defence" and wanted to ensure that war could not be "imposed" on it again.

Takht-Ravanchi confirmed that Iran had been approached by some "friendly countries" to put an end to the conflict, without specifying which ones.

"We are telling them the same thing, that we want the ceasefire to be part of an overall formula for ending the war altogether," he said.

- Fuel tanks, airport hit -

Gulf states have borne the brunt of retaliatory attacks from Iran, which said Thursday that it would "set the region's oil and gas on fire" if its own energy infrastructure and ports were attacked.

With Gulf states slashing production and oil tankers stuck in the Gulf, benchmark oil prices have risen 40 to 50 percent since the US and Israel attacked Iran on February 28, threatening to crimp growth and stoke inflation.

Images from Bahrain showed thick smoke rising after a strike on fuel tanks in Muharraq, with residents told to stay inside and close their windows, while drones caused damage again at Kuwait's international airport and in downtown Dubai.

In Iraq, six French soldiers were wounded by a drone attack in the autonomous Kurdistan region in the country's north, the French military said Thursday.

And a US KC-135 refueling aircraft crashed in western Iraq, at least the fourth American military aircraft to be lost in the conflict, after three F-15 jets were downed by friendly fire.

- 'Extremely tense' -

The war has upended daily life for Iranians.

A 30-year-old woman living in Kermanshah in western Iran said 90 percent of shops in her city had closed.

"People are desperately trying to withdraw their savings from the banks, as trust in them has vanished," she said. "Bread is now rationed. The population is extremely tense and outraged."

The conflict has also spread to Lebanon, where authorities reported 687 people killed by Israeli attacks, including at least 12 who died in a strike Thursday on Beirut's seafront, where displaced families were camping in tents.

Israeli Defence Minister Israel Katz said Thursday that he was ordering troops to "prepare for expanding" attacks on Lebanon, and Israeli forces pushed further into southern Lebanon.

Israel's military said it hit Hezbollah command posts in "several waves of strikes" on Beirut and southern Lebanon on Thursday.

Israel also launched a new broad wave of strikes in Tehran, saying it had struck checkpoints of the Basij paramilitary force that has been deployed to suppress protests against the clerical government.

Iran's health ministry said on March 8 that more than 1,200 people have been killed in the war, a figure AFP has not been able to independently verify.

Three million people have been displaced by the war in Iran, according to figures issued Thursday by the UN's refugee agency.

Officials said 14 people had been killed in Israel since the start of the Iran war, while attacks in the Gulf have killed 24, including 11 civilians and seven US military personnel.

burs-wd/js

T.Sato--JT