Israeli threats on Iran’s oil infrastructure drive up oil prices

Will the impact of the widening war in the Middle East soon be felt across the globe?

Israel’s threat to target Iran’s oil production infrastructure, including gas and oil rigs, refineries and storage facilities has heightened market concerns.

Iran is among the world’s top 10 oil producers, with a production of 3.277 million barrels per day in August this year, according to the monthly report from the Organization of the Petroleum…