Iran has escalated tensions across the Gulf by targeting key energy facilities and warning of further attacks, raising concerns about global fuel supplies and market stability.
The move follows a strike on Iran’s South Pars gas field and the killing of its intelligence chief, Esmail Khatib, in an Israeli operation - part of a broader campaign that has significantly weakened Iran’s leadership over the past three weeks.
In response, Tehran issued a strong warning, saying any additional attacks on its energy infrastructure would trigger widespread retaliation. The Revolutionary Guards declared that future strikes could extend not only to Israeli assets but also to those of its allies.
Meanwhile, Qatar reported that a missile strike caused a major fire and heavy damage at its primary gas facility - the largest in the world - prompting the country to expel two Iranian diplomats. Saudi Arabia also confirmed intercepting drones aimed at its eastern energy infrastructure, while missile debris fell near a refinery south of Riyadh.
These developments have intensified fears over disruptions in the Strait of Hormuz, a critical oil transit route, pushing global oil prices higher.
International leaders have urged restraint. France called for a halt to attacks on civilian infrastructure, emphasizing the importance of protecting energy supplies and avoiding further escalation.
Inside Iran, officials condemned Khatib’s killing, vowing retaliation. The country’s leadership has already suffered major losses, including the deaths of other senior figures. Despite this, Iran continues launching counterattacks, including missile strikes on Israel that have caused casualties.
The conflict is spreading across the region. In Lebanon, Israeli airstrikes on Beirut have increased as clashes with Hezbollah intensify, forcing civilians to flee. Similar instability is being reported in Iraq, where armed groups briefly paused attacks on US targets under certain conditions.
With both sides continuing military actions and regional involvement growing, the situation remains volatile, with significant risks for both security and global energy markets.