A fire erupted at the Lanaz refinery in Iraq’s Erbil following airstrikes, marking another attack on oil infrastructure in the Gulf region. The incident comes amid escalating tensions as oil facilities have become consistent targets in recent days. The attacks have created an energy crisis affecting global oil prices and supply chains, particularly impacting Asian countries including South Korea and Japan. These nations rely heavily on crude oil and urea imports from the Gulf region. The targeting of oil infrastructure follows a pattern of strikes on energy facilities across Gulf countries, raising concerns about prolonged disruptions to global energy supplies and escalating prices worldwide.
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