Ruptly
"Defence Minister Israel Katz confirmed on Monday that Israel had hit a key petrochemical plant at Iran's South Pars natural gas field in a 'powerful strike' that delivered a 'severe economic blow'. "We powerfully struck the largest petrochemical facility in Iran, a central target responsible for about 50 percent of the country's petrochemical production, following last week's attack on the second central facility," Katz said in an address to the nation. "Both facilities, which together account for about 85 percent of Iran's petrochemical exports, have been taken out of service and are not functioning. This is a severe economic blow, amounting to tens of billions of dollars to the Iranian regime," he added. The strikes targeted the Jam and Damavand plants in the world's largest gas field, which Iran shares with Qatar. The escalation follows a deadline set by US President Donald Trump, who warned Tehran to reopen the Strait of Hormuz or face 'Hell' in an expletive-laden social media post. "Tuesday will be Power Plant Day, and Bridge Day, all wrapped up in one, in Iran. There will be nothing like it!!! Open the F**** Strait, you crazy bastards, or you’ll be living in Hell - JUST WATCH! Praise be to Allah," he wrote on his Truth Social platform. With the Strait still closed to the majority of the world's shipping, global oil prices have surged past $109 per barrel. It follows joint military operations launched by the United States and Israel against Iran on February 28 during diplomatic talks aimed at 'limiting Iran’s nuclear and missile programs'. Tehran responded with strikes targeting Israeli and US military sites across the region, with explosions reported in several Gulf countries."
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