However, the level of the ferocity of the strikes has raised the alarming prospect of a wider conflict in a region that is a key exporter of crude oil. Should Iran’s energy infrastructure be hit more widely and the Islamic Republic retaliates to disrupt regional energy supplies or to draw the U.S. into the conflict, there could be consequences of varying degrees of severity for the oil market. Sidestepping energy infrastructure, on Saturday, Iranian officials also warned that the country would attack the military bases of the U.S., U.K. and France in the region, if they are seen to be coming to Israel’s defense.
Author: Gaurav Sharma, Senior Contributor, Gaurav Sharma, Senior Contributor https://www.forbes.com/sites/gauravsharma/
Published at: 2025-06-14 22:41:20
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