Doha warns of consequences of 'Israel' targeting Iran's infrastructure

By Al Mayadeen English
Source: Al Mayadeen English
20 Jun 2025 15:51
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Qatar warns that "Israel's" targeting of economic facilities in Iran risks catastrophic regional fallout and threatens global energy stability, urging de-escalation and renewed dialogue.

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The damaged headquarters of IRIB, Iranian state television, is seen in Tehran, Iran, Thursday, June 19, 2025. (AP)

Qatar’s Foreign Ministry issued a warning on Friday over the dangers arising from "Israel's" targeting of Iran's economic infrastructure, calling the escalation “dangerous” and likely to lead to “catastrophic regional and international consequences,” including negative impacts on global energy supply stability.

In an official statement, the ministry said that continued military escalation “does not serve the security of the region,” and urged all parties to “avoid targeting civilian and economic facilities.”

The statement added that Doha is making “intensive efforts with its partners” to bring all sides back to the path of dialogue and to address outstanding issues in a manner that promotes regional security and stability.

Most stock markets across the Gulf declined in early Wednesday trading, as the war on Iran entered its sixth day, prompting investor caution and renewed fears of broader regional instability.

Saudi Arabia’s benchmark index (TASI) fell by 0.7%, dragged down by key financial stocks. Al Rajhi Bank dropped 0.6%, while Saudi National Bank, its largest lender, shed 1%.

Flynas Company, the budget airline backed by Prince Waleed bin Talal, saw its shares plunge nearly 13% on its trading debut. The Saudi Exchange permits a 30% fluctuation limit during the first three days of listing.

Qatar’s main index (QSI) fell 0.1%, weighed by a 1.6% loss in Commercial Bank shares. That said, oil prices, a key driver for Gulf financial markets, eased slightly in Asian trading.