The Guardian:

Oil & Gas 360 Publishers Note: Our hearts and prayers go out for the citizens of Lebanon. After being in Oklahoma durring the bombing of the federal building, it is clear that this horrible event will take years to recover, and some people will never recover from the shock. Depending on the investigation will determin how the world's finacial markets react. 


Rebecca Ratcliffe

  • Beirut awoke to scenes of devastation this morning, following two huge explosions in its port which sent a blast wave across the city, killing at least 100 people and injuring nearly 4,000.
  • Lebanese prime minister Hassan Diab appealed to all countries and friends of Lebanon to extend help to the nation, saying: “We are witnessing a real catastrophe.” He earlier said the cause of the explosion was 2,700 tonnes of ammonium nitrate, a common industrial chemical used in fertiliser and as a component in mining explosives. Diab declared a national day of mourning for the victims of the explosion, and promised accountability.
  • Rescuers have continued to search for victims who remain trapped under rubble. In one video shared on Wednesday, a search team can be heard clapping and cheering as a survivor is pulled to safety.
  • Residents, desperate to reach their loved ones, are sharing pictures of missing relatives, as well as phone numbers online. Throughout the night, TV and radio presenters in Lebanon read the names of the missing or wounded.
  • Hospitals, several of which were damaged in the blast, have been inundated with patients. In Gemmayze district, medical teams were forced to triage patients in a car park, while the Red Cross said it is coordinating with the Lebanese health ministry to set up morgues.
  • Aerial images from the scene of the explosion illustrate the impact of the blast, which destroyed crucial silos that contained around 85% of the country’s grain. Lebanon’s economy minister, Raoul Nehme, said the wheat in Beirut’s port granaries cannot be used and that the ministry lost track of seven employees in the granaries.
  • Governments worldwide have offered support, including the UK, France, Australia, the US, Canada and Israel.

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