Both sides in Iran war ratchet up attacks on energy facilities, as oil prices surge
Israeli authorities hang Israeli and U.S. flags at the site struck by an Iranian missile that killed two people, in Ramat Gan, Israel, Wednesday, March 18, 2026. (AP Photo/Oded Balilty)
DUBAI, United Arab Emirates (AP) — Israel kept up its campaign of targeting Iran’s leaders on Wednesday, killing the country’s intelligence minister, and an Iranian offshore natural gas field was struck in a sign of the war’s mounting pressure – from both sides -- on the region's economic lifeblood: energy.
Iran has been taking aim at its Persian Gulf neighbors’ energy facilities since the war started on Feb. 28, and has made the Strait of Hormuz shipping channel — through which one-fifth of the world's oil travels — nearly impassable. On Wednesday, Iran struck a province of Saudi Arabia where many oil fields are located, and it threatened to ratchet up strikes against oil and gas infrastructure in Qatar and the United Arab Emirates, too.
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