Iran War Briefing Day 20: Gas Prices Spike, US Floats Oil Sanctions Relief

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DEATH TOLL: Iran: 1,300 Lebanon: 968 Israel: 14 U.S. troops: 13 Oil and gas prices jumped on Thursday as Iran attacked energy sites across the Middle East, increasing the pressure on global markets already strained by weeks of uncertainty over oil supplies trapped around the Strait of Hormuz. Brent crude, the international benchmark, leaped to more than $116 a barrel, while gas prices across Europe shot up over 30 percent. The spikes came after President Donald Trump warned the U.S. would “massively blow up” the South Pars Gas Field—part of a joint Iranian-Qatari gas reserve—if Tehran continued attacks on Qatari…

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