Damage to several energy facilities has caused global prices to spike, but Iran denies it is targeting energy sites. Global energy markets remain in a state of high alert after several Gulf states suspended oil and gas production following escalating tensions in the region. Since Saturday’s attacks by the United States and Israel, Tehran has targeted various sites in Israel and across several Gulf countries. Initially, these Iranian attacks focused primarily on US military assets, but Gulf states have reported that Iran has since broadened its scope to target civilian infrastructure, including hotels, airports and energy facilities. Iranian officials have publicly denied targeting Gulf energy facilities, however. The Middle East remains the world’s dominant source of hydrocarbon reserv...