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Iran warns of retaliatory attacks on 6 steel plants in Persian Gulf and Israel, crisis deepens

Source: BigMint Mar 31, 2026 08:30

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Six steel facilities have combined capacity of 16 mnt. Two of Iran's largest steel plants damaged in attacks

Adding another layer of uncertainty for the global markets to deal with, the Iranian authorities have issued a dire warning to Israel and the US that it will strike steel plants in Israel and five other Gulf countries in retaliation for recent attacks on its own steel facilities, Mobarakeh

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