Israel Plans Retaliatory Strike on Iran Oil Hub

Tensions between Israel and Iran have escalated dramatically following an unprecedented missile assault by Iran, which launched 181 missiles towards Israeli cities. In response, Israeli Prime Minister Benjamin Netanyahu has vowed significant retaliation, with potential targets including Iran's critical Kharg Island, responsible for up to 95% of the nation's oil exports. The Israeli Defense Forces have reported intercepting many of the missiles, and U.S. officials are in discussions with Israel regarding military strategies and support. Experts warn that an attack on Kharg Island could severely disrupt global oil supplies, leading to a spike in prices. Analysts indicate that the situation poses a serious risk of escalating into broader regional conflict, with both nations preparing for potential military engagements. As oil production in Iran reaches a five-year high, the likelihood of supply disruptions has raised concerns in global markets.