BREAKING: Trump Claims He Had 'No Idea' Over Israel's Strike on South Pars Gas Field in Iran

The escalation between Iran and Israel has pivoted toward energy infrastructure after attacks on a massive gas field and a primary LNG terminal have sparked global concerns over a major supply crisis.

Marking a dangerous escalation in the Israel-Iran conflict, a missile strike caused severe damage to Ras Laffan Industrial City, a critical global LNG hub, sending shockwaves across Middle Eastern and global energy markets.

South Pars, the gas field under the Gulf is the world’s largest and is shared by Iran and Qatar, and is called South Pars on the Iranian side and the North Field on the Qatari side.

Representing a significant intensification of the conflict, Qatar confirmed that Iranian missile strikes caused severe damage to Ras Laffan Industrial City, a critical global LNG hub, thereby damaging parts of the site.

Notably, by targeting Ras Laffan, Tehran has moved the frontline from the battlefield to the boardroom. This is no longer a war of territorial gain, but a war of global energy strangulation.

With 20% of the world's LNG now in the crosshairs, the 'risk premium' on oil is rapidly turning into a structural threat to the global economy.

President Trump has stated that "Israel, out of anger for what has taken place in the Middle East, has violently lashed out at a major facility known as South Pars Gas Field in Iran. A relatively small section of the whole has been hit. The United States knew nothing about this particular attack, and the country of Qatar was in no way, shape, or form, involved with it, nor did it have any idea that it was going to happen. Unfortunately, Iran did not know this, or any of the pertinent facts pertaining to the South Pars attack, and unjustifiably and unfairly attacked a portion of Qatar’s LNG Gas facility. NO MORE ATTACKS WILL BE MADE BY ISRAEL pertaining to this extremely important and valuable South Pars Field unless Iran unwisely decides to attack a very innocent, in this case, Qatar - In which instance the United States of America, with or without the help or consent of Israel, will massively blow up the entirety of the South Pars Gas Field at an amount of strength and power that Iran has never seen or witnessed before. I do not want to authorize this level of violence and destruction because of the long-term implications that it will have on the future of Iran, but if Qatar’s LNG is again attacked, I will not hesitate to do so."