Iran, Qatar and South Pars attack
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President Trump said Israel was responsible for the attack, but vowed to “massively” destroy the gas field if Tehran hit Qatar’s energy facilities in retaliation.
Oil prices soared 10 percent Thursday after Qatar reported "extensive" damage to the world's largest liquefied natural gas (LNG) facility following Iranian strikes, sparking fears for global energy supplies.
After the attacks on Iran and Qatar, the price of Brent crude rose to $112 a barrel, an increase of over 4 percent. Benchmark indexes in Seoul and Tokyo were down more than 2 percent on Thursday. And gasoline prices in Japan hit a record high as Prime Minister Sanae Takaichi arrived in Washington to meet Mr. Trump.
The latest escalation saw Israeli strikes on Iran’s South Pars gas field, followed by Iran targeting Qatar’s Ras Laffan Industrial City, the world’s largest LNG hub.
Iran’s missile strike on Qatar’s Ras Laffan energy hub escalates the conflict, rattling global gas markets, as Trump warns Tehran and tensions shift toward targeting critical economic infrastructure
By Parisa Hafezi, Rami Ayyub and Maya Gebeily DUBAI/JERUSALEM/BEIRUT, March 18 (Reuters) - Iran's huge Pars gas field was hit on Wednesday in a major escalation in the U.S.-Israeli war that sent oil prices shooting higher,
Fox News senior correspondent Mike Tobin reports on Israeli strikes on Iranian leaders and Iran’s retaliatory cluster munition attacks on ‘Special Report.’