Iran bombed a major Qatari oil processing plant and threatened to further damage energy facilities in the Gulf states in retaliation for an Israeli attack on its largest gas field. 

The tit-for-tat attacks sent already-volatile energy prices surging again, though they did not reach the highs seen during the first days of the Israel- and U.S.-led attack on Iran.

After the attack on the facilities in Qatar, Iran’s Revolutionary Guard threatened additional attacks on facilities in Saudi Arabia and the United Arab Emirates. All three countries hist U.S. military bases and their oil production facilities have helped compensate for a slowdown in production from the blockage of the Strait of Hormuz.

The attacks followed an Israeli strike on Iran’s South Pars gas field.