War escalates, energy prices spike after Israeli strike on Iran gas field
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Israeli strike on Iran's South Pars gas field triggered retaliation, spiking global energy prices.
How This Affects You
Energy prices may rise at the pump and for home heating as Middle East supply disruptions ripple through global markets.
AI Summary
Israel struck Iran's South Pars gas field, prompting Iranian retaliation that has escalated the broader conflict between the two nations. The strike targets critical energy infrastructure, disrupting one of the world's largest natural gas reserves and triggering immediate spikes in global energy prices. The escalation now directly threatens the stability of the international energy supply chain, moving beyond military targets to core economic infrastructure. South Pars supplies gas to multiple countries and is essential to Iran's economy, making the field a strategic chokepoint in regional geopolitics. Analysts warn that continued strikes on energy infrastructure could further destabilize global markets and complicate efforts to contain the conflict.
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Middle East war escalates after attack on key Iranian gas field
#Israel hit Iranian's pat of the South Pars #gas field, the world's largest offshore reservoir #Tehran shares with #Doha. In retaliation for the strikes, #Iran ramped up its attacks on Gulf countries' energy infrastructures, sending #oil prices soaring.
GlobalIsraeli U.N. ambassador asked if U.S. or Israel is in charge of Iran war
Danny Danon, Israel's ambassador to the United Nations, is reacting to the latest strikes against Iran targeting the South Pars gas field, a key oil supplier. Danon joined CBS News 24/7 Mornings with more details on the war.
FinanceCracks emerged in a resilient US economy before war in Iran sent oil prices rocketing - AP News
<a href="https://news.google.com/rss/articles/CBMitgFBVV95cUxNVGZxOGhaUlRKVUVIWkd3QUVubEZPTHFvc3hZeFBBZG1nVXlId1N1d2FlTmNLeVY5bHp0bW1SZ18zZndOa0ExSGZqT3hEQ1NqS0Y1RkgyTWV3ZUpNX2NxeEJmQUxBSDM0YWxTMll6WW1aVm91bGd1SENxa0Z6eWZtTDZyNk1qZjRFS0tJYmRLbVU5UE1KU0UwVzFvSTdYdjlzY3d2c01VNkdYSzlfYl9zMDVsOEtpUQ?oc=5" target="_blank">Cracks emerged in a resilient US economy before war in Iran sent oil prices rocketing</a> <font color="#6f6f6f">AP News</font>
Joe Kent's resignation over Iran war reignites antisemitism fears and debate over Israeli influence - AP News
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Global‘I don’t give a shit about Iran. I don’t want to pay higher gas’: Motor City motorists feel pinch as gas prices surge
<p>Drivers in Detroit are unhappy with the spike in gas prices, even if reactions are mixed to the US-Israel war on Iran</p><p>On a rainy <a href="https://www.theguardian.com/us-news/detroit">Detroit</a> afternoon at a gas station off Interstate 75, Victor Rodriguez watched the pump tally tick up as he filled up his F-250 diesel pickup truck for $4.19 per gallon. It totaled $110. “Ridiculous,” he said.</p><p>The <a href="https://www.theguardian.com/world/us-israel-war-on-iran">US-Israel war on Iran</a> has <a href="https://www.theguardian.com/business/2026/mar/12/middle-east-war-creating-largest-supply-disruption-in-the-history-of-oil-markets">crippled major portions</a> of the oil supply chain, sending gas prices soaring as the conflict enters its third week. Rodriguez said he supports “getting rid of this thug”, referring to Iran’s <a href="https://www.theguardian.com/world/2026/mar/08/death-of-khamenei-seen-as-irans-berlin-wall-moment">Ayatollah Ali Khamenei</a>, who was killed b...
PoliticsHundreds protest against US-Israeli strikes on Iran in Seoul
Hundreds of peace activists and demonstrators marched in central Seoul on Saturday in protest of the US-Israeli strikes.
First Thing: Trump says US does not need Nato after strait of Hormuz rebuf | Clea Skopeliti
<p>Snub comes as Iran vows revenge for killing of Ali Larijani. Plus, judge orders reinstatement of Voice of America staff</p><p>Good morning.</p><p>Donald Trump has said the US does not need Nato after a number of the organization’s members <a href="https://www.theguardian.com/world/2026/mar/17/trump-us-president-nato-strait-of-hormuz-iran-middle-east">rejected his call to send their warships</a> to reopen the strait of Hormuz.</p><p><strong>How many people have been displaced in Iran?</strong> Up to 3.2 million people, according to the UN’s refugee agency. Here, Tehran residents <a href="https://www.theguardian.com/world/2026/mar/18/iranians-daily-life-under-air-attack">speak about their daily life</a> under bombardment.</p><p><strong>For the latest updates,</strong> <a href="https://www.theguardian.com/world/live/2026/mar/18/iran-war-live-updates-oil-prices-hormuz-trump-larijani-key-leader-killed-israel-strikes">follow our liveblog.</a></p> <a href="https://www.theguardian.com/us...
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