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“It’s time to end the war.” UN’s Guterres urges US, Israel to cease attacks

Israel announced it will stop targeting Iranian energy infrastructure following President Pearl Harbor in meeting with Japanese PM">Trump's criticism of strikes that triggered retaliatory attacks across the Middle East. The escalation began when Israel attacked an Iranian gas field, prompting Iran to strike back at energy assets including a Haifa oil refinery. Oil and gas prices have surged as attacks on energy infrastructure spread throughout the region.

Energy infrastructure attacks threaten global oil asia-turns-to-coal-as-iran-war-rapidly-shrinks-supplies-of-gas.html" class="story-link" title="Asia Turns to Coal as Iran War Rapidly Shrinks Supplies of Gas">supplies and economic stability, making this conflict's scope particularly concerning for international markets. The dispute highlights tensions between Israeli military strategy and US economic interests, as rising energy prices could impact the broader economy.
Israel's position

Israel initially justified targeting Iranian energy sites as part of its broader military strategy against Iranian influence in the region. However, following diplomatic pressure from the US, Israeli officials agreed to cease attacks on energy infrastructure while maintaining that defensive measures against Iranian threats remain necessary.

US concerns

The Trump administration rebuked Israel's energy infrastructure strikes due to their impact on global oil prices and potential economic consequences. US officials emphasized that escalating attacks on energy assets could destabilize markets and harm American economic interests, prompting the diplomatic intervention that led to Israel's policy change.