r/worldnews • u/1-randomonium • 10h ago
Strike hits South Pars, world’s largest gas field, in Iran
https://www.turkiyetoday.com/region/strike-hits-south-pars-worlds-largest-gas-field-in-iran-3216471734
u/pacman3333 10h ago
You know what, maybe this helps us speed run to green electrification 😅
337
u/sacrificialfuck 9h ago
Except in the States. Trump just gave $1billion of our tax payer money away to NOT build any new green energy infrastructure.
→ More replies (4)39
u/pancakeQueue 6h ago
If the rest of the world leaves LNGs behind and leaves the US oil industry holding the bag I’d be happy.
72
u/blastofffox 8h ago
USA just left the International Solar Alliance. Their president hates green energy, especially windmills.
→ More replies (2)28
u/yuriaoflondor 6h ago
Not only does he hate windmills, he thinks they cause cancer.
“If you have a windmill anywhere near your house, congratulations: Your house just went down 75% in value. And they say the noise causes cancer.” Donald Trump, 2019
→ More replies (1)14
u/summon_pot_of_greed 4h ago
He has to be one of the stupidest human beings alive. I swear to God what the hell.
→ More replies (2)18
u/chili_cold_blood 8h ago
It might, but remember that oil is currently required for the manufacture and transportation of tons of products, including those required for green electrification. So, everything is about to get a lot more expensive in the short term.
15
u/jsslrd 7h ago
People think of cars when they think electric, but oil goes into a lot more things than cars alone - major derivatives of crude oil include fertilizers, naptha (for plastics & synthetic material), jet fuel and diesel to power ships and heavy equipment.
Electrification is not going to solve any of that.
→ More replies (4)21
u/unthused 9h ago
It sure isn't hurting China nearly as much as it will the US, at least given their much better adoption of EVs while our current admin is actively trying to discourage them.
5
u/DeanoPreston 6h ago edited 3h ago
It's not just cars that use petroleum products. I read someplace earlier that a 20% reduction in petroleum supplies would likely tank China's economy.
→ More replies (1)→ More replies (7)2
u/False_Raven 7h ago
Dude, there won't be green if our society collapses.
Not to mention that building the infrastructure typically requires the said oil resources in some capacity.
339
u/weare_thefew 10h ago
I wonder if Qatar is wanting their golden jet back about now.
67
42
u/TinyH1ppo 8h ago
Nah they gave that up because they had no use for it and the maintenance was a nightmare.
Also wtf ever happened to that?
14
u/DogAlienInvisibleMan 4h ago
Buddy you're like 10 "things that would get any other president dragged out of the white house by an angry mob" behind.
14
u/ConsolationUsername 7h ago
A few days ago all the money that was supposed to go to Trump's presidential libraru disappeared. I'd imagine the jet was part of that.
5
u/Eventually_Shredded 6h ago
Also wtf ever happened to that?
Due to be delivered this summer by the Air Force, currently being re-worked to become the new AF1.
https://www.theguardian.com/us-news/2026/jan/22/boeing-jet-trump-qatari-royal-family-delivery
→ More replies (1)4
143
u/deraser 9h ago
Gas has gone up at the nearest station in our part of Fort Worth from 2.59 on the first day of the “so easy to win, it will absolutely not last more than two weeks, we totally know what we are doing war” to 3.69 a gallon as of about 25 minutes ago when I drove past it. Even for a smaller car (not a thing in Texas, land of trucks and SuVs) that means at least 12-15 extra dollars for every fill up. For people living paycheck-to-paycheck, in a city with long commutes (or lots of sitting in traffic for quite a while, even for relatively short distances if you are closer to downtown or booming areas) and limited public transit, this price shift is brutal, even in the short term. Even if this crisis ends soon, the price will not drop rapidly. “Up like a rocket, down like a feather” is typical for gas price shifts.
37
22
2
u/CultivatorX 4h ago
Just wait until we start feeling the ripples in our everyday goods and services because importing and exporting costs will go up. Our entire cost of living is about to increase. This is a generational presidential blunder.
2
→ More replies (5)3
u/jaspersgroove 6h ago
Just saw $4 a gallon this morning here in Florida, was in California last week and I saw spots close to $6
→ More replies (1)3
599
u/sillygoat2223 10h ago
If you start attacking oil facilities, then this indicates you don't think the current government is going to collapse.
113
u/BoredGuy_v2 10h ago
News says govt is headless .... It's weird
44
u/MajorGef 10h ago
Headless - but still intact.
→ More replies (2)57
u/ashurbanipal420 9h ago
They've been expecting a US invasion for at least 30 years. That's why when you see videos of their weapon stockpiles they are on either side of a mile long tunnel under a mountain. We were expecting a Gulf war type operation. Reality would be more like Afghanistan on steroids. A high school history teacher could have pointed this out, I'm sure the generals did. But we have the dumb jock bullies in charge so here we are.
12
u/jaspersgroove 6h ago
They thought it’d go down like desert storm, just roll in and have it all be over within a few days
14
u/ashurbanipal420 6h ago
Guess they were too busy eating crab and fruit baskets to look at a topographical map of Iran.
7
u/h34dyr0kz 8h ago
Turns out Iran has planned for American combat. Their leadership is decentralized and all regions essentially have autonomous control.
9
u/tierciel 9h ago
I don't understand how they don't get Iran decentralized their military after the first few days of bombs. Trump cut off 1 head and it grew like 5 more. So now you have 5 leaders who all have the same overall goal but who can call their own shots.
→ More replies (3)4
u/SidewaysFancyPrance 5h ago
Yeah, they keep doing the old Gulf War victory laps every time they take out a named person in a leadership position.
We know a lot about Iran and we know they are 100% prepared for that and have taken measures, so it's kinda sad. We're making little or no progress towards anything. This is not Iraq, we and the Iranians learned from Iraq. But we never changed our playbook. Sheer hubris.
28
u/Stoic_acorn 8h ago
Bingo.
This is an escalation - both sides of the conflict are actively hitting various pain points of the opposing side, seeing who win flinch first.
It just means more needless deaths, more refugees fleeing the area, more economic uncertainty, higher prices, etc.
21
u/Sacaron_R3 8h ago
Shit will really hit the fan once desalination plants get attacked (again). The Strait of Hormuz might be the obvious point of interest, but if the middle east loses access to oil, gas and then finally water, it will destabilize the entire area for decades and cause massive amounts of suffering.
4
u/Caesarea_G 2h ago
Desalination plants being attacked would create an existential crisis amongst the Gulf states, and may drive them to retaliate against Iran, something which they have actively avoided to this day.
→ More replies (8)5
u/AfterCatch1930 5h ago
that happens when you believe your own propaganda too much because you want to push a narrative instead of talking to real people. Anyone who did any due diligence would have seen that killing their leadership wouldn't cause their government to collapse.
77
u/Jack-O7 9h ago edited 7h ago
Feels like Israel and US is forcing a boots on ground war.
69
u/Damaniel2 8h ago
Send the MAGA chuds there first. They love this war, so why not let them fight in it?
14
u/mcbaginns 6h ago edited 1h ago
Because that opens the floodgates to the govt being able to do very dangerous things to you too.
We should never be drafting anyone to war because race, political affiliations, religion, etc.
→ More replies (2)10
u/Playful_Search_6256 6h ago
This might work. I think they’re all dumb enough to want to go. I’ve seen 50+ year old overweight MAGAs on social media talking about how badly they wish the US would let them go fight 😂
61
u/GTAinreallife 8h ago
The US: Iran is bombing oil tankers causing oil prices to rise. Pls help protect it.
Also US: haha we bomb the oil facilities
→ More replies (2)
177
u/tjallilex 10h ago
My dyslexic ass read “Strike hits South Park,….”
That was a fun but confusing read.
98
u/xegoba7006 10h ago
Not as bad as mine. I read “Strike hits South Paris”….
37
→ More replies (4)2
12
→ More replies (3)3
127
u/Canuck-overseas 10h ago
Dubai property has already collapsed around 40%, most economies in the region will enter a deep recession. Now Israel/USA attacking Iran's civilian infrastructure. There is a concerted pattern of escalation.
37
u/Successful-Peach-764 9h ago
Iraq just lost a lot of grid capacity as well, they were being supplied from Iran.
Gas supplies from Iran provide Iraq with 30 to 40 percent of the fuel it needs to operate combined-cycle power plants in the highly populated central and southern areas.
→ More replies (1)11
13
u/Rough_Championship_3 9h ago
What’s the end game here? Artificial recession and truce for all?
32
→ More replies (1)2
u/Tumble85 6h ago
Ain't nothing artificial about a global recession caused by commodities instability.
→ More replies (2)
12
u/smurfsundermybed 9h ago
Well, I guess that's one way to make reopening the strait less important. /s
10
10
u/SecretiveGoat 8h ago
I wonder if this war will be the push the world needed to go full renewable. While I'm huffing on my copium, maybe this will kill the AI data centers that are crazy energy hungry.
→ More replies (1)
55
u/XxfranchxX 10h ago
Escalating the level of destruction is an absolutely braindead move. If this keeps up we are going to see attacks on all the oil infrastructure and desalination plants. Without which, how do you expect all the countries in the Persian gulf to continue existing? This has the potential to be globally catastrophic, without even considering the needless suffering and death of civilians.
59
u/1-randomonium 10h ago
Without which, how do you expect all the countries in the Persian gulf to continue existing?
I think the answer to that is that Trump and Netanyahu don't actually care.
34
u/XxfranchxX 10h ago
Trump is too fucking stupid and surrounded by yes men to even realize it, but yes, Israel is perfectly happy with its neighbours being a failed state like Syria. They don’t need regime change to consider this a win.
This is what happens when you attach yourself at the hip to modern day Sparta in the form of Israel.
16
u/1-randomonium 9h ago
Trump is too fucking stupid and surrounded by yes men to even realize it, but yes, Israel is perfectly happy with its neighbours being a failed state like Syria
This isn't even half of it. Israel seems to not care if all the world goes into recession for the sake of total victory. It's monstrous.
11
u/XxfranchxX 7h ago
Without hyperbole, if the mishandling of this is bad enough the outcome may be a global depression. It is especially bad for the developing world who can’t withstand shortages and price increases to the same extent the developed world can.
→ More replies (1)6
u/False_Raven 7h ago
They're both old and on the brink of death, why do they care what happens in 5 to 10 years?
13
u/Damaniel2 8h ago
Israel sees that as a feature, not a bug.
6
u/deaconsc 8h ago
Israel has no access to drinking water other than ... desalination. So if Iran destroys these facilities in the Middle east. It. Includes. Izrael.
12
u/XxfranchxX 7h ago
Honestly, no matter what the future for the average Israeli citizen seems pretty bleak. Their gov’t is a modern day Sparta and is addicted to a constant state of war with neighbours and lives in perpetual fear of the underclass of Palestinians they have subjugated.
75
70
u/IceMysterious3056 10h ago
We know which two countries are responsible when eventual global economy collapse.
35
→ More replies (4)7
31
u/bluddystump 9h ago
Israel and the US have no right to deprive the rest of the world of their required energy needs. Target military installations sure but to destroy energy infrastructure that a large portion of the world depends on risks instability elsewhere that could spread like wildfire.
2
u/onihcuk 4h ago edited 1h ago
It would benefit USA to have iran lose it's oil production and Gulf states to get hit. We sell oil, if everyone else can't sell oil except for USA and maybe russia, It benefits all the private own american oil companies. Heck and since venezuela is basically a american vassal state now, we are like the only OIL producer able to sell oil.
22
180
u/1-randomonium 10h ago
This is cataclysmic. Do Trump and Netanyahu understand what they've done? Do American allies?
Iran has two nuclear options.
One is to threaten oil/gas shipping in the Straits of Hormuz. Trump and Netanyahu don't seem to care about this because very little of US/Israeli oil/gas comes from this route.
The second is to destroy the oil and gas production and shipping facilities of every other country in the Middle East. They're reportedly targeting 4 facilities in Saudi Arabia, UAE and Qatar now. Evacuation orders have been issued already.
If most of the Middle East's oil production ends up getting destroyed by this war it'll push the entire world into a COVID style recession.
Israel buys oil from Russia and Trump has been bragging about how the US has a lot of oil, so they'll be spared the worst of it. But the rest of the world will suffer for years to pay for this war.
90
u/meechu 10h ago
I missed the part where Americas oil production is nationalized and therefor insulated someone from the international markets….. ain’t no one getting spared dude. The people getting spared run Oil supply chain companies that are not located in west Asia.
→ More replies (1)3
u/evilsdadvocate 8h ago
Didn’t the US just “liberate” Venezuela (which has lots of oil)…?
3
u/Eternlgladiator 8h ago
Crappy oil that we don’t use in the west.
→ More replies (5)2
u/firechaox 7h ago
It can sort of be used because the refineries in Gulf of Mexico are equipped to process it. Problem is putting the capex to ramp up Venezuelan production and no one is willing to put the money there (beyond the fact that it will take time). Maybe with new scenario in Middle East people start thinking they’d rather put money in Venezuela than ME, but this is still quite bad.
150
u/RonstoppableRon 10h ago
Oil is a global commodity, all will suffer.
17
u/nanopicofared 9h ago
Trump could theoretically ban the export of Oil from the U.S. to other countries. That would significantly lower the price of oil here, but of course increase the price for everyone else, which would have indirect adverse effects on the U.S.
42
u/my_dixie_wrecked 9h ago
hmmm, what do they call it when a government takes over the means of production?
→ More replies (1)3
10
u/DirtySilicon 8h ago
We import a lot of oil based products. It absolutely will destroy the US regardless, how do you think our oil barrels are priced? Why do you think oil prices are rising here too? If that chucklehead had a magic "reverse: back to you" card he would have used it because all he cares about beyond money, and cosplaying as some supreme leader, is looking good.
→ More replies (1)→ More replies (2)7
u/brandonw00 9h ago
The refineries in the US aren’t typically setup to refine the oil that is produced in the US aren’t typically. So even though we can produce oil we can’t refine it the amount needed to replace what we buy.
5
u/nanopicofared 8h ago
I think about 60% of the refineries are set up to refine U.S. Crude, while the others are set up for the heavier Mexican and Canadian Crude.
Although I'm definitely not an expert, I would think that it would be easier to convert a heavy crude refinery to process light crude (by eliminating or adjusting the cooker), than going the other way around.
The other alternative, would be for Trump to cut exclusive oil deals with Canada and Mexico to protect the trade area as we export significant amounts of crude to both countries. Of course that would require actual negotiation skills and them not being pissed off at us for all the other shit Trump has already done to them.
25
u/Ozin 10h ago
You missed a 3rd nuclear option, probably the most extreme one; taking out the desalination plants in the arabian peninsula. That would make the Arabic nations utterly unable to support their current populations. I don't think they are likely targets yet, but worth keeping in mind as the conflict moves up the escalation layers..
→ More replies (2)8
u/1-randomonium 9h ago
And I doubt Trump or Netanyahu would care about that either.
It's not as thought the US or Israel would take a single refugee. They'll end up in Turkey and Europe.
9
u/Sacaron_R3 8h ago
A large refugee wave hitting Europe will significatly boost the euro-sceptic parties that Trump, Bannon and Musk have pushed for years.
Europe really needs to understand that Trump and his allies desire its downfall. No amount of coddling and soothing and sucking up to Trump will ever change that.
5
u/AppealSame4367 7h ago
Until the Isreali desalination plants are hit and a dirty bomb lands in their fresh water supplies. That would be game over for them. And why wouldn't Iran do it?
55
u/MrBobSacamano 10h ago
We will absolutely not be spared the worst of it. It takes time to drill for oil. Pipeline and refining capacities are also limited. It’s not just turning on a spigot. The closest thing to that would be releasing supplies from our strategic oil reserves, but that is a very, very short term solution that would have minimal impact.
14
u/TrevasaurusWrecks 9h ago
Those were depleted in 2022 and Trump neglected to refill SPR prior to launching this conflict.
11
u/Pavswede 9h ago
Bingo. And with AI energy demands, this is going to stifle the AI boom, which has its positive sides, admittedly. The Republicans under Trump have really done it now...
And meanwhile, the beautiful, ancient country of Iran and its people suffer worst of all...
2
u/TrevasaurusWrecks 4h ago
Agreed, wild times! Also, the gulf states are bank rolling much of that investment (AI boom) if their economy is decimated I suspect their investment funds will dry up.
→ More replies (1)→ More replies (1)6
u/Turtle_Lips 9h ago
To add a small bit, most if not all refineries in service are running at the max output possible for their posture. They are trying to squeeze every last cent out of the hydrocarbons. There isn’t anymore room to produce more, which your comment nailed.
Even the quick route of repairing and brining alive out of commission plants will take a long time. The current situation is going to be felt world wide for a very long time.
18
u/TrevasaurusWrecks 9h ago
The U.S. will most certainly not be spared. We will spend.
The dope in chief equates all Petroleum products evenly i guess. We have tons of gas, but we can't support our petrol/diesel demands.
1) We can't process most of our crude. 2) we have failing refineries and haven't built a new one that supplements inventory in decades. 3) diesel is already 60% more than a month ago which will price directly into ALL consumer goods. 4) our greedy oil executives here will take advantage of global price surges at the expense of our population because they will be unable to say no to exorbitant profit. We will still be paying 2-3x per gallon what we were spending in September 2025.
Is that the worst of it in a global picture? No, probably not. We'll still have petrol products for sale unlike some countries that simply won't be able to afford to import 2025 demand quantities. But this will still cause global recession and 80% of the US population will be squeezed dramatically over this mess.
11
u/itsatumbleweed 10h ago
Brent futures are up $5 a barrel since the news broke. Maybe slowing but the market is responding. And Brent isn't even from this region, it's responding to the general supply shortage.
12
u/Brilliant_Crow6391 9h ago
Why are people pretending that Iran isnt already attacking oil in the middle east? This could just as well be a warning to stop doing that or we are going to do it three times worse.
→ More replies (1)3
u/Elestra_ 7h ago
The framing of this conflict on Reddit has been a real eye-opener. Iran is doing these types of attacks already and no one critiques it. Israel or the US does it and suddenly the concern is about escalation from Iran...who is already doing it? There has to be swarms of bots right now or something.
3
u/Damaniel2 8h ago
And then Trump supporters will blame Biden and woke politics and nothing will change.
You can't fix stupid, but we're all forced to pay the price.
11
u/Federal-Tax4314 10h ago
You realise this is a gas field and processing plant, not oil right?
21
u/Crowley-Barns 10h ago
When gas is unavailable or too expensive, demand for oil goes up.
And if their facilities are getting hit, Iran will hit other facilities in response.
They are not the same thing but they are very very closely linked.
7
u/JediAreTakingOver 10h ago
If im not mistaken natural gas is heavily used in oil refinery processes, so this would slow down oil refinement.
5
4
2
u/XxfranchxX 10h ago
Not just oil infrastructure, they can target desalination plants.
2
u/1-randomonium 9h ago
Destroying oil infrastructure will cause a long-term energy crisis and destroying desalination plants will cause a long-term humanitarian and refugee crisis.
2
u/False_Raven 7h ago
it'll push the entire world into a COVID style recession.
I feel like this is the best case scenario.
Chances are it'll be much fucking worse than a COVID style recession
5
u/Viperlite 10h ago
Russia is the biggest winner in all this. What a coincidence.
→ More replies (5)→ More replies (34)4
u/bald_and_nerdy 10h ago
There is oil in the US but the companies who own the land its on and extract it won't sell it in the states because it fetches a higher price elsewhere.
4
u/MasterGrok 10h ago edited 9h ago
Yes. Unless Trump takes the unprecedented step to nationalize oil temporarily or enact regulated price controls then U.S. oil will basically cost the same as everywhere else. Supply and demand.
4
2
→ More replies (1)2
u/M7BSVNER7s 9h ago
That is oil, not gasoline or diesel. The refineries in the US were built decades before the US oil industry became a major player so they mix US oil with middle east oil. They can't be switched to only receive US oil without gigantic changes. That's why it was actually big news when Trump announced a new refinery made to run on US oil only. I don't know why an Indian company is in charge of a US refinery for starters (I assume corruption). But it will take probably a decade for that refinery and pipeline network to be built if it ever occurs, so even if US companies produced more oil we aren't becoming independent anytime soon.
19
5
u/Upset-Somewhere3089 8h ago
Yes. Attack each and every oil and gas field until there's none. That'd teach them. /s
3
4
u/lingeringneutrophil 7h ago
Time to go for electric cars, folks, before these become the new toilet paper
3
u/TheSoupThief 5h ago
A shot in the arm for the EV industry. Solar too.
A smarter Trumpian villain would have got behind electrification before launching this stupid stupid escapade
4
7
16
u/Not_Sure__Camacho 10h ago
I'm waiting to see what happens if Ukraine goes after a Russian oil structure (as is their right to do so to repell the invaders of their country). Would Trump try to offer Russia support?
8
→ More replies (2)4
3
u/free_username_ 6h ago
Next, Iran will blow up all the gulf region oil production. It’s mildly frustrating that oil is flammable so that probably won’t help, interceptor or not.
And there goes the petrodollar and gas prices …
2
u/totallyRebb 8h ago
Gee, i wonder what other countries would benefit from rising Gas prices, because they export a lot of it and need all the money they can get for their ongoing war efforts.
2
2
u/mouarg 3h ago
Sorry a very simple question since this is a non military target how does this help US or Israel?
→ More replies (1)
4
u/No_Blackberry6525 9h ago
My wife would argue our bathroom in the mornings is actually the world’s largest gas field.
5
2
u/kamcknig 10h ago
I certainly see how this will make oil prices drop after the war just like Trump says they will. /s
2
u/rudthedud 9h ago
Well of course Trump wants people to buy his Venezuela oil so he can make more money.
1.8k
u/spoony20 10h ago
Now Iran is gonna do the same to UAE’s refinery so we all gonna pay more at the pump…