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News Link • Oil

US, Israel bomb major Iran oil depots as US gasoline prices rise

• https://asiatimes.com, by Jon Queally

In what was described as a "major escalation" of an attack already denounced as an illegal war of choice, the US-Israeli military coalition bombed major oil depots and other fossil fuel infrastructure in and around Tehran on Saturday, unleashing huge fireballs, turning streets to fire, and sending plumes of black smoke into the night sky.

And on Sunday morning, in the wake of the infernos unleashed the night before, the people of Iran's capital woke up to the hideous sight of ominous gray clouds above, choking levels of smoke and black raindrops full of toxic oil falling across the city.

"Scenes from Tehran look apocalyptic," said Assal Rad, a fellow at the Arab Center in Washington, DC, sharing footage of Saturday's massive fire storm.

Separate footage showed the Aqdasiyeh Oil Depot in flames with Iranian first responders trying to create a perimeter around the inferno:

"Iran is being destroyed," declared British journalist Owen Jones.

In the wake of last week's attack, ordered by US President Donald Trump and carried out in conjunction with Israeli forces, the price of crude futures jumped by 35%, which CNBC characterized as "the biggest weekly gain in the history of the futures contract dating back to 1983."

"Your tax dollars being used to raise your gas prices," Abdul El-Sayed, a Michigan Democrat running for the US Senatesaid in reaction to dramatic footage of the explosions circulating online.

On Friday, Qatar's energy minister, Saad al-Kaabi, told The Financial Times that crude prices could reach $150 per barrel in the coming weeks if the Strait of Hormuz remained closed to tanker traffic. Kaabi warned this could "bring down the economies of the world," though Trump has said he is not worried about gas prices, saying Thursday: "If they rise, they rise."

Meanwhile, others on Saturday shared video of a city streets of Tehran blazing with fire as oil from a destroyed depot flowed into sidewalks and sewer tunnels.

"I don't know how many times I can say this but my god," said Iranian political commentator Kev Joon in a social media post, describing what he was seeing as "apocalyptic," unprecedented, and intentionally cruel.