News ID: 3940
Date: Sunday 15 June 2025 - 19:35

Escalating Iran-Israel conflict turns Persian Gulf energy markets red

Escalating Iran-Israel conflict turns Persian Gulf energy markets red
As reciprocal attacks between Iran and Israel escalated and vital energy facilities were targeted, a wave of concern swept through the Persian Gulf stock markets; the region's stock markets faced a significant decline.

According to Energy Press, citing Reuters, the Israeli military announced that it had launched strikes against targets in Iran, including nuclear facilities, ballistic missile factories and military commanders, and stressed that these attacks would continue. The operation began on Friday and continued in the following days.
In response to these attacks, Iran also took retaliatory measures against Israel and postponed nuclear talks with the United States that were scheduled to be held on Sunday.
Qatar Stock Exchange and Major Energy Companies Fall
The Qatar Stock Exchange Index (QSI) fell 2.9 percent, and most market symbols entered negative territory. Meanwhile, shares of Qatar Gas Shipping Company fell 3.1 percent and the country’s Electricity and Water Company fell 1.7 percent. Shares of Qatar National Bank also fell 3.3 percent; this bank is considered one of the most important lenders in the Persian Gulf region.
Attack on Iran’s Strategic Gas Facility
In a continuation of the tensions, Israel carried out attacks on Iranian energy facilities on Saturday evening, including offshore infrastructure at the South Pars gas field, which is jointly operated with Qatar and is a key source of Iranian gas supplies. The incident has raised concerns about disruptions to energy exports from the Persian Gulf region.

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