Iran warns U.S. energy assets in Gulf are vulnerable after latest clashes
The threat underscores the risks of further escalation after the sides traded blows over the weekend, with no sign of a diplomatic breakthrough.
DUBAI – Iran issued a stern warning on Monday, threatening retaliation against any further U.S. attacks on its assets. The country's Parliament Speaker, Mohammad Baqer Qalibaf, declared, "Strike our assets and you get struck," in the wake of recent U.S. and Iranian strikes on shipping, which escalated tensions and caused oil prices to surge to near six-week highs on Monday.
The escalating cycle of attacks between the two sides has raised concerns about the vulnerability of energy infrastructure across the Persian Gulf, including U.S. oil and gas interests. The ongoing conflict has yet to yield any progress towards a diplomatic solution, which could help bring an end to the more than six months of war and restore normal energy flows through the Gulf.
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