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Fire at the Bahrain plant halted exports

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Fire at Bahrain plant halted exports
Bahrain Petroleum Company, the country's largest energy firm, temporarily suspended oil product exports on March 6 due to a force majeure event. Zamin.uz reported this news.

The decision was prompted by a serious fire at the oil refinery in Al-Mamir. Numerous videos circulating on social media clearly show thick columns of black smoke rising from the plant site into the sky.

In an official statement, the company emphasized that this incident is directly linked to ongoing military conflicts in the region and attacks on critical infrastructure facilities. Currently, the plant's production is primarily directed toward meeting domestic market needs, while experts are assessing the extent of material damage caused by the fire.

Local officials stated that the fire was triggered by another missile strike carried out by Iran. It is worth noting that last week, Qatar Energy Company was also forced to take similar measures due to attacks on its production facilities.

The Qatar Ministry of Energy warned that if the United States and Israel do not halt their war with Iran, Gulf states could completely stop oil exports. The situation in the region escalated on February 28 when the United States and Israel launched military operations against Iran.

In response, Iran has been striking US military bases and key energy facilities in the region with drones and missiles. Additionally, Iran closed the Strait of Hormuz, a major global oil shipping route.

Under the influence of these factors, oil prices surged in the global market, with the price per barrel approaching $120 on Asian exchanges on March 6. This figure represents a record high not seen in over one hundred and twelve years.

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