As Iran escalates Gulf attacks, oil crosses $119; Israel to stop striking gas field

As Iran escalates Gulf attacks, oil crosses $119; Israel to stop striking gas field


Still, Iran -- now led by the son of the supreme leader killed in the war’s opening salvo -- remains capable of missile and drone attacks targeting its Gulf Arab neighbors and unnerving the global economy dependent on the energy they produce. The prime minister’s comments to foreign journalists came amid difficult days for Trump and Netanyahu, with a top US intelligence official resigning and claiming Israel pushed Trump into the war, and Israel’s attacks on South Pars, which led to Iran’s retaliatory strikes on the region’s oil and gas fields. The Pentagon, meanwhile, sent the White House a request for USD 200 billion in additional funds to cover the war’s rising cost, said a senior administration official, speaking on condition of anonymity to discuss the private information.

Author: AP- PTI


Published at: 2026-03-19 23:25:40

Still want to read the full version? Full article