Because of the South Pars gas fields being struck, Iran has paused gas exports to Turkiye for the forseeable future. This is likely to raise gas prices drastically in Turkiye, who until now had been importing 14% of their natural gas from Iran.
United States President Donald Trump has confirmed that talks with Iranian leaders are underway, and he believes that they will lead to a resolution of hostilities. In the meantime, he has instructed the department of war to pause all strikes against Iranian energy infrastructure for five days. This could mark the beginning of a remission in war if the talks go well, although the results are still to be determined. If the peace falls through, we will see continued heavy offensive action against Iran, and a likely prolonged operation in the strait of Hormuz to open it up and secure it against future strikes by Iran.
After the attacks on QatarEnergy's facilities yesterday, Iran strikes Kuwait's Mina al-Ahmadi and Mina Abdullah port refineries. The strikes on the port refineries have caused massive fires that are currently still being brought under control by firefighters. The U.S warns of "massive response" if Iran continues to target energy facilities.
The attacks have caused massive, global disruptions to the oil market, with european oil prices rising 28% and Japanese oil prices hitting record highs as Takaichi orders the release of emergency oil reserves.
In response to attacks by israel on the Asaluyeh gas facilities which led to fires in the Pars gas fields, Iran announces that they will start to attack infrastrucre targets.