Iran Strikes Bahrain Oil Refinery, Gulf War Escalates; Global Oil Prices Soar

• Iran launched missile attacks on Bahrain's Bapco Energies oil refinery on March 5-6, with one missile hitting the facility and causing a fire.
• Bahrain intercepted two of four missiles; the fire was quickly controlled, and operations continued with no casualties reported.
• Iran also attacked hotels and a residential building in Manama and areas near the US Fifth Fleet headquarters.
• Since the war began, Iran has launched 75 ballistic missiles and 124 drones at Bahrain, and is also targeting Kuwait, UAE, Saudi Arabia, and Qatar.
• Iran aims to pressure the US to halt the conflict by attacking US allies, impacting oil markets and global prices.