APTOPIX Israel Iran War
Fragment of a missile fired from Iran, and intercepted by Israeli defense system, sticks out in a open field in the Israeli-controlled Golan Heights, Thursday, March 19, 2026.
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Iran has intensified its attacks on oil and gas facilities around the Gulf, dramatically raising the stakes in a war that is sending shock waves through the global economy. Thursday’s strikes came in retaliation for an Israeli attack on a key Iranian natural gas field. They sent fuel prices soaring and risked drawing Iran’s Arab neighbors directly into the conflict. Tehran targeted energy production, further stressing global supplies already under pressure because of Iran’s stranglehold on the Strait of Hormuz. That’s a strategic waterway through which a fifth of the world’s oil is transported. Israeli Prime Minister Benjamin Netanyahu says Iran no longer can enrich uranium or make ballistic missiles.
