Iraq’s two main offshore oil terminals in the Persian Gulf were nearly blown up Saturday by suicide boat bombers in an attack reminiscent of the USS Cole. Three U.S. soldiers were killed when they attempted to foil the attack. The bombing shut down one oil platform for two days leading to the loss of $110 million in revenue. The Guardian of London reported it was the most serious attack on the Iraqi oil industry to date and marked the first time the Iraqi resistance used suicide boat bombers.

U.S. Kills Four Children in Baghdad
In Baghdad, U.S. forces shot dead four Iraqi children. According to eyewitnesses, a U.S. Humvee came under attack prompting the US troops to start shooting randomly. Four children, all aged 12, were hit. In Karbala, the motorcade of the visiting Bulgarian President Georgy Parvanov came under fire on Sunday. No one was reported injured. AL Jazeera is reporting at least 40 Iraqis died on Saturday and another 10 on Sunday in separate incidents across the country. One U.S. helicopter strike killed up to 25 Iraqis in an attack south of Fallujah.