Iran’s huge Pars gas field was hit on Wednesday in the first reported strikes on Iran’s Gulf energy infrastructure of the US-Israeli war, prompting Tehran to announce it would respond with attacks on oil and gas targets throughout the Gulf.
Oil prices shot up after the attack, a major escalation in a war that has already halted shipping from the world’s most important energy-producing region and could now bring lasting damage to its infrastructure.
Benchmark Brent crude prices rose around 5…
Iran threatens Gulf energy targets after Pars gas field struck, sending oil prices higher
