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This is a significant escalation: @UK_MTO reports an oil tanker that was on anchor offshore Kuwait (and near Iraq too) has been hit by an explosion; oil is spilling and the tanker is tanking on water. ". There is oil in the water coming from a cargo tank

Oman Oil Company: Operations at the site affected by the incident have been temporarily suspended as a precautionary measure.

Oman Oil Company: One of the company's fuel storage tanks was involved in an accident.

Explosions were reported in Saratov

Power outages across Iraq

Qatar will fully shut gas liquefaction, two sources say. Initial estimates suggest it would take about two weeks to restart operations and at least another two weeks to return to full capacity - Reuters

Qatari Energy has stopped production of liquefied natural gas, declares Force Majeure

UK Maritime Trade Operations (UKMTO) says it received a report of an incident 2 nautical miles north of Oman involving a vessel transiting eastbound in the Strait of Hormuz. UKMTO: A container ship has reportedly been hit by an unknown projectile just above the waterline, causing a fire in the engine room.

SPA, quoting an official from the Saudi Ministry of Energy: The Ras Tanura refinery was targeted in a drone attack attempt, but no damage was reported and supplies were unaffected.

Russian LNG tanker ARCTIC METAGAZ (IMO 9243148) struck by a massive explosion in the Mediterranean this morning. Photographed by crew aboard a merchant vessel, via Vanguard Tech

U.S. President Donald Trump: "Effective IMMEDIATELY, I have ordered the United States Development Finance Corporation (DFC) to provide, at a very reasonable price, political risk insurance and guarantees for the Financial Security of ALL Maritime Trade, especially Energy, traveling through the Gulf. This will be available to all Shipping Lines. If necessary, the United States Navy will begin escorting tankers through the Strait of Hormuz, as soon as possible. No matter what, the United States will ensure the FREE FLOW of ENERGY to the WORLD. The United States’ ECONOMIC and MILITARY MIGHT is the GREATEST ON EARTH — More actions to come."

The capacity of the east west pipeline is 7 million bpd. Egypt’s petroleum minister said on Tuesday that Cairo is ready to help Saudi Arabia move crude oil from the Red Sea to the Mediterranean through the Suez-Mediterranean (SUMED) Pipeline

Guterres' spokesperson: Continued attacks on energy infrastructure in the Gulf could severely damage the global economy.

Trump: I expect oil prices to drop once operations against Iran are over.

Trump on Spain: Spain has been terrible. I told Bessent to cut off all dealings with Spain

Russia's state nuclear corporation Rosatom halts operations at the nuclear power plant in the Iranian city of Bushehr and is evacuating its nearly 600 personnel

Kuwait's Ministry of Electricity: Two overhead power lines in the south of the country went out of service due to falling drone debris.

UAE's authorities are dealing with an "advanced fire" at the port of Fujairah after Iranian attack

An oil depot was hit by an Iranian drone at the port of Duqm, Oman

Fujairah Government Media Office: Fujairah Civil Defense teams are dealing with a large fire at Fujairah Port caused by falling debris following the successful interception of a drone. No injuries reported.

The Fujairah Government Media Office reported that authorities in the Emirate of Fujairah dealt with a fire that broke out this morning in the Fujairah Petroleum Industrial Estate (FOIZ). The fire was caused by falling debris following the successful interception of a drone by air defenses. No injuries were reported. The fire was brought under control and operations have resumed.

Taman 550kV substation was damaged in a drone raid on 1st March

A security source reported that fuel tanks at the Duqm commercial port were targeted by several drones, one of which struck a fuel tank. The resulting damage was contained without any casualties. The Sultanate of Oman condemns the attack and affirms that it is taking all necessary measures to address this incident.

Fox News, citing US Central Command: The Strait of Hormuz is not closed.

Advisor to the commander of Iran's Revolutionary Guard: We will target oil pipelines and will not allow oil exports from the region.

New high-resolution satellite images captured today by @vantortech show the aftermath of reported Iranian strikes on the Aramco oil refinery in Ras Tanura. — BBC

General Staff of Armed Forces of Ukraine confirmed strikes at the oil terminal and military base in Novorosiysk

European gas prices jump 30% after Qatar's decision to suspend LNG production

QatarEnergy stops LNG production

Qatari Ministry of Defense: One of the energy facilities in Ras Laffan Industrial City was attacked by an Iranian drone