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Iran Energy Attacks To Hasten Global Recession (S01E27)
Wednesday, March 16, 2026, Istanbul
The US and Israeli forces struck Iran’s main natural gas refinery at the South Pars on Wednesday in a major escalation of the war. Iran has vowed retalation against energy infrastructure in the Arabian Peninsula. It listed a number of sites it intends to target, and by late evening local time, had struck the Ras Laffen facility in Qatar, which produces a quarter of the world’s exported natural gas. Oil and gas prices are spiking and the many analysts fear a major worldwide recession.
I spoke today with Umud Shokri, an energy strategist and senior foreign…
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