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Iran threatens Gulf energy targets after Pars gas field struck, sending oil prices higher
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Updated 3 hours ago
First seen March 18, 2026 22:54:50Stay on top of this story
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Quick Summary
Iranian gas facilities in the Gulf came under attack on Wednesday, state media reported, prompting Tehran to say it would target a range of energy installations across Saudi Arabia, the United Arab Emirates and Qatar “in the coming hours”. Oil prices jumped on the news, with Brent crude futures gaining more than 6 per cent to a session high just shy of US$110 per barrel. The attacks on Iran’s energy industry in South Pars and Asaluyeh have raised concerns that Iran could also target...