Qatar's PM: Iran's Attacks 'Betrayal', Oil Prices Could Soar

0:00On March 9, Qatar's Prime Minister has accused Iran of a major betrayal after repeated missile-endrone attacks on Gulf countries. Sheikh Mohammed bin Abdul Rahman Al-Tani called the strikes a dangerous miscalculation that undermines years of diplomacy. Despite close ties, he urged Iran to stop immediately and push for de-escalation across the region. The attacks ramped up since the war began on February 28th, with hundreds of projectiles aimed at Qatar, Saudi Arabia, Iraq, and others. Qatar's defenses intercepted nearly everything, including a Saturday barrage, where 9 out of 10 drones were downed, and the last hit an empty area. With no injuries, regional anger is building fast. Saudi Arabia reported its first two deaths from a projectile striking a residential zone. Bahrain blamed Iran for hitting a key desalination plan, and the air bleed condemned the reckless assaults on neighbors hosting U.S. forces. Qatar's energy minister warned that prolonged fighting could send oil prices above $150

1:01a barrel, up from around $90. Now and far beyond last year's 60-70 range, he said shutdowns might trigger global shortages, factory halts, and a worldwide economic hit. Qatar plans to keep mediating with Iran as neighbors, but the Prime Minister stressed that ongoing strikes will leave them isolated with no one left, to help. Consider as Gulf State's brace for what comes next.