FACTBOX: Volley of attacks on Gulf energy sites sends prices soaring

Crude futures surged to fresh four-year highs on March 19 and the Brent-Dubai spread widened further as Iran launched a volley of missiles and drones at Gulf energy infrastructure, marking a significant new escalation in the Middle East war. Following an Israeli strike on Iran’s critical South Pars gas field on March 18, Tehran began striking a “hit list” of oil and gas fields, terminals andCrude futures surged to fresh four-year highs on March 19 and the Brent-Dubai spread widened further as Iran launched a volley of missiles and drones at Gulf energy infrastructure, marking a significant new escalation in the Middle East war. Following an Israeli strike on Iran’s critical South Pars gas field on March 18, Tehran began striking a “hit list” of oil and gas fields, terminals andRead More