On October 18, Israel carried out airstrikes on energy facilities near the South Pars gas field located on the southern coast of Iran, following its strategic partnership with the United States, which was reported by Axios citing an unnamed Israeli official. The South Pars field, co-managed by Iran and Qatar, is one of the largest gas fields in the world, and the attack on this energy infrastructure raises concerns about significant disruptions to the global gas supply chain, highlighting the tensions that extend beyond bilateral conflicts.

In a swift response, Iran declared its intention to retaliate against several energy facilities in the region, including Saudi Arabia's Samref refinery, the Jubail petrochemical complex, the UAE's Al Hosn gas field, and various facilities in Qatar. Tehran's statement indicated that these targets had now become legitimate military objectives. The warning came with an emergency evacuation order for all personnel in the vicinity, reflecting the serious implications of a potential escalation in the ongoing military confrontations in the region.

Qatar expressed strong condemnation of Israel's actions, with a government spokesperson labeling the attack as reckless and dangerous amid existing regional military conflicts. They emphasized that targeting energy infrastructure poses a severe threat to global energy security, regional inhabitants, and environmental stability. Following these escalations, the market reacted sharply, with Brent crude oil prices spiking by over 5% in overnight trading, reflecting the immediate impact of geopolitical tensions on global oil supplies.