Iran's Escalated Attacks on Israel and Oil Facilities Send Global Economy Reeling

DUBAI - WASHINGTON, તા.20: Iran has intensified attacks on Israel and oil and natural gas facilities around the Gulf, dealing a further blow to the global economy. On the other hand, Iran has hit back after attacks on Israel's oil reserves, including Iran's South Pars. It has targeted oil facilities in pro-American countries, including Qatar, sending crude prices soaring. On the other hand, the United States has demanded a massive $200 billion (about $1.2 trillion) in funding for its ongoing conflict with Iran. The war is thus more likely to drag on. The Pentagon's request comes after US Defense Secretary Pete Hegseth said it has to spend money to eliminate bad guys.'According to local authorities, two refineries in Kuwait and gas operations in Abu Dhabi were also targeted by Iranian attacks, forcing millions of people to seek refuge in Iran.