Iran intensifies attacks on Gulf energy facilities following Israeli gas field attack

Iran has intensified its attacks on oil and gas facilities around the Gulf, dramatically raising the stakes in a war that is sending shock waves through the global economy.

Thursday’s strikes came in retaliation for an Israeli attack on a key Iranian natural gas field. They sent fuel prices soaring and risked drawing Iran’s arab neighbours directly into the conflict. Tehran targeted energy production, further stressing global supplies already under pressure because of Iran’s stranglehold on the Strait of Hormuz.