Israel Strike on South Pars Escalates Iran War, Sends Energy Prices Soaring
Lead: Israel struck Iran’s South Pars gas field this week, triggering a rapid escalation in the month‑long U.S.–Israeli campaign against Iran and prompting immediate Iranian strikes on Gulf energy infrastructure. Markets reacted sharply: Brent and U.S. crude jumped, and natural gas benchmarks spiked after damage to Qatar’s Ras Laffan terminal. U.S. and allied militaries have … Read more