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Israel, Iran intensify attacks on energy infra as oil prices soar

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Israel kept up its campaign of targeting Iran’s leaders on Wednesday, killing the country’s intelligence minister, and an Iranian offshore natural gas field was struck in a sign of the war’s mounting pressure from both sides — on the region’s economic lifeblood: energy.Iran has been taking aim at its Gulf Arab neighbours’ energy facilities since the war started on February 28, and has made the Strait of Hormuz shipping channel — through which one-fifth of the world’s oil travels — nearly impassable.On Wednesday, Iran struck a province of Saudi Arabia where many oil fields are located, and it threatened to ratchet up strikes against oil and gas infrastructure in Qatar and the UAE, too.The White House said President Trump would waive, for 60 days, Jones Act requirements for goods shipped between US ports to be moved on US-flagged vessels. The 1920s law, designed to protect the US shipbuilding sector, is often blamed for making gas more expensive.Tel Aviv strikes two bridges over Lebanon’s Litani riverIsrael’s Defence Minister Israel Katz said the military struck and destroyed two additional bridges over Lebanon’s Litani river, saying they were used by the Iran-aligned Hezbollah group to smuggle weapons south.

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