1. Oil facilities hit inside Iran (by US / Israel)
1. Tehran oil depots and fuel storage facilities
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Location: Tehran region
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Attacked by: Israel (airstrikes)
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Damage:
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Multiple fuel depots and oil storage facilities destroyed.
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Huge fires spread across storage tanks; reports described “rivers of burning oil” and thick toxic smoke covering parts of the city.
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Residents were warned to stay indoors due to pollution and acidic smoke.
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Impact:
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Temporary fuel shortages in central Iran.
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Environmental contamination.
2. Tehran-area oil refinery
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Attacked by: Israel
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Damage:
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Direct strikes triggered large explosions and uncontrolled fires around refinery infrastructure.
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The refinery temporarily halted operations.
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Impact:
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Domestic gasoline production disrupted.
3. South Pars Gas Field processing facility
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Location: Bushehr Province
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Attacked by: Israel
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Damage:
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Strike on a natural-gas processing facility caused a large explosion and fire.
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Why it matters:
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South Pars is the world’s largest gas field shared with Qatar.
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Damage affects LNG supply chains.
4. Fajr-e Jam Gas Refinery
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Location: Bushehr Province
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Attacked by: Israel
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Damage:
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Airstrike triggered major refinery fire and forced shutdown.
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Impact:
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Reduced gas processing capacity for Iran.
5. Oil storage facilities in Tehran and Alborz
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Attacked by: Israel / US coalition strikes
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Damage:
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Several storage depots hit; massive flames and black smoke visible for miles.
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6. Important facility NOT hit: Kharg Island export terminal
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Location: Persian Gulf
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Handles: ~90% of Iran’s oil exports
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Status: Not targeted yet due to risk of global oil crisis.
If this facility were destroyed, analysts warn oil could jump above $150 per barrel.
2. Oil and energy facilities hit by Iran (retaliation)
Iran’s response targeted energy infrastructure in the Gulf and shipping routes.
1. Ras Tanura refinery
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Location: Saudi Arabia
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Owner: Saudi Aramco
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Attack: Iranian drones
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Damage:
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Fire triggered by drone debris.
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Refinery temporarily shut down as precaution.
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Why it matters:
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Ras Tanura is one of the world’s largest oil export terminals.
2. LNG facilities in Qatar
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Location: Qatar
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Damage:
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LNG production temporarily halted after strikes on energy infrastructure.
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Impact:
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Major disruption to global LNG supply.
3. Oil tankers and ships in Strait of Hormuz
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Location: Strait of Hormuz
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Attack: Mines and missile strikes
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Damage:
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Several ships hit; shipping halted.
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Iran deployed naval mines.
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Importance:
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About 20% of the world’s oil passes through this strait.
4. Fuel storage tanks at Salalah Port
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Location: Port of Salalah in Oman
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Attack: Drone strike (suspected Iranian involvement)
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Damage:
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Several fuel tanks burned; port operations disrupted.
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5. Israeli energy facilities
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Example:
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Haifa oil refinery
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Damage:
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Power station damage forced shutdown of Israel’s largest refinery.
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3. Countries affected by the oil facility attacks
These attacks are affecting energy supply in many countries.
Directly attacked
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Iran
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Saudi Arabia
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Qatar
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Oman
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Israel
Economically affected
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United States
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China
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India
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Japan
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South Korea
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European Union countries
Reason:
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These countries import large volumes of Middle East oil and LNG.
4. Global oil market situation
Current key factors:
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Strait of Hormuz disruption
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~20% of global oil supply passes through it.
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Energy infrastructure attacks
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Refineries and gas facilities damaged across the Gulf.
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Energy companies evacuating staff
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Companies like Exxon, Chevron and others halting operations.
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IEA emergency oil release
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Large strategic oil reserves released to stabilize markets.
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5. Possible crude oil price on Monday (March 16)
Current data:
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Oil already surged near $90–$93 per barrel during the conflict.
Analysts’ scenario estimates
| Scenario | Expected Brent crude price |
|---|---|
| War stabilizes | $90–$100 |
| Continued strikes | $100–$120 |
| Strait of Hormuz blocked | $150–$200 |
Iran itself warned prices could reach $200 per barrel if the Strait is shut.
My realistic forecast for Monday (March 16):
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Brent crude: $100–$115 per barrel
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WTI: $95–$110 per barrel
Reason:
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Shipping disruptions
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Energy facility shutdowns
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High geopolitical risk premium
