The ongoing conflict involving Iran and its neighboring nations has intensified, with both sides launching a series of attacks on energy facilities, leading to a significant surge in oil prices. Reports indicate that Israeli strikes on Iranian gas facilities, particularly the South Pars gas field, have prompted Iran to threaten retaliation against oil sites across the Gulf, including those in Saudi Arabia, Qatar, and the UAE. As tensions escalate, oil prices have crossed the $109 mark, reflecting the fears of a broader energy conflict in the region. Meanwhile, energy infrastructure across the Gulf is on high alert as Iran issues evacuation warnings and escalates its threats, raising concerns about the stability of global oil supply.