Energy
March 08, 2026
“Battles, campaigns, and even wars have been won or lost primarily because of logistics,” observed Dwight D Eisenhower, not a great field commander but an outstanding military leader. The Gulf countries are not combatants in this war. But how they manage their energy logistics is crucial to coming out of the crisis safely.
The UAE, Saudi Arabia, Qatar, Bahrain and Kuwait have all seen direct Iranian attacks against their energy industries – tankers, oil storage, refineries, rigs, offshore platforms, and liquefied natural gas plants. So far, damage appears not too serious, but disruption is considerable.
On Saturday night, Israel attacked oil depots around Tehran, causing large fires and explosions, a dangerous escalation to deliberate destruction of energy sites, raising the possibility of Iranian retaliation.
