Bahrain announced this Monday (9) that it may stop fulfilling oil supply contracts after an attack attributed to Iran hit the country’s main refinery. This is the second attack of its kind since the escalation of the conflict in the Middle East began.
According to local authorities, Iranian drones also struck residential areas near the energy complex, leaving dozens of people injured. A dense column of smoke formed in the area and could be seen from different points in the region.
The affected refinery has the capacity to process around 405,000 barrels of oil per day and is considered the most important in the country. With the damage caused by the attack, the government declared a situation of “force majeure”, which allows the temporary suspension of compliance with export contracts.
In recent days, other countries in the Persian Gulf have adopted similar measures in the face of the intensification of attacks against oil and gas structures, as well as ships passing through the Strait of Hormuz, a strategic route for transporting energy around the world. Analysts estimate that the situation could further increase volatility in the international oil market.
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