Abadan Refinery blast injures three and cuts gasoline output pending furnace rebuild
Photo: National Iranian Oil Company (public domain), via Wikimedia Commons
A blast at Iran's Abadan refinery injured three and cut gasoline output pending furnace rebuild, another reminder that large Middle East refining assets remain high-severity property/BI targets. For energy property desks this is furnace/process-unit rebuild and product-supply BI, not just headline geopolitical risk — declared values and ICW/indemnity periods need to match complex-unit lead times. | Source: https://iranwire.com/en/news/158053-blast-at-abadan-refinery-injures-3-hits-gasoline-production/