In Context: Erika Weinthal and Jeannie Sowers on the Middle East Conflict’s Impacts on Civilian Infrastructure
New Security Beat
New Security Beat
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Stories New Security Beat has contributed to
Impact of Middle East Conflict on Civilian Infrastructure
Resolved1 from this sourceIran War
Peaked1 from this sourceEscalation in the conflict involving Iran has seen the UK grant the US use of British bases for strikes targeting the vital Strait of Hormuz, a key oil transit point. These developments are having immediate global economic repercussions, with European gas prices surging 35% after an LNG plant was reportedly hit by Iran, and airlines bracing for oil prices to reach $175 a barrel.