US lobs a grenade into a box of fireworks
Washington and Tehran may consider their next moves after drone kills top Iranian general, but restraint is the likeliest casualty
The long-rumbling US-Iran crisis has moved to a new and extremely febrile phase, after the US took out General Qassem Soleimani, Iran’s top commander in Iraq, in a targeted attack at Baghdad airport. For months, tension has been high in the Mid-East Gulf—with attacks on shipping, on Saudi oil facilities and on other infrastructure. Iraq, where both the US and Iran have strong interests and strong allies, has been a particular focus in recent weeks. Against the background of a serious domestic political crisis, Iran-back militias attacked US facilities in the country, which appears to have sparked the fierce American response. While the US and Iran had previously been careful to prevent mat

Also in this section
16 April 2025
Israel continues to strike new oil and gas concession agreements and gas exports continue to rise, but an overreliance on Egypt remains the big concern
15 April 2025
Loss of US shipments of key petrochemical feedstock could see Beijing look to Tehran with tariffs set to upend global LPG flows
15 April 2025
Australia’s East Coast Gas projections for a supply shortfall have been pushed further out, but the challenge to meet evolving gas demand and the shifting assumptions around the fundamentals remain just as stark
15 April 2025
Long-delayed prospects for onshore LNG production in Mozambique have improved thanks to US financing approval, but security challenges blight way ahead