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The United States was informed about plans for an Israeli strike on Iran’s massive offshore South Pars natural gas field Wednesday but did not take part in it, according to a person familiar with the matter who was not authorized to comment publicly and spoke on condition of anonymity.
U.S.-Israeli war with Iran is escalating pressure on the region’s energy sector, the price of oil surged another 5% to over $108 a barrel on international markets, increasing the cost of gasoline and other goods while squeezing the global economy.
Global oil prices rose on news of the Pars field attack due to fears of Iranian retaliation on Gulf energy infrastructure. Hours later, authorities in Qatar said a ballistic missile hit the country’s key natural gas site, sparking a fire that caused “extensive” damage, and Qatar ordered some Iranian Embassy officials out of the country.
Iran has been striking its Persian Gulf neighbors’ energy facilities since the war started on Feb. 28, and has made the Strait of Hormuz shi...
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