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IranIsrael Strikes Target Energy Facilities, Driving Global Fuel Price Surge

Global markets face new pressure with the fight extending from battlefields to energy assets.

Overview

  • Retaliatory attacks between Iran and Israel have zeroed in on oil and gas infrastructure in the latest exchanges.
  • Fuel prices have risen worldwide following strikes on energy facilities, intensifying economic fallout.
  • Iran has threatened to hit tourist sites around the world and says it is continuing missile production.
  • The conflict has entered its fourth week as world leaders push for a way to contain the escalation.
  • President Donald Trump says he is considering winding back US military efforts in the Middle East.